National North League King's Lynn FC have agreed a partnership deal with Turn Sports Investments who are based in Singapore.
A statement has been released outlining the deal.
'The deal will result in fresh funds flow into the Club for purpose of expansion, player development and acquisitions.
In addition to fresh funds investment into KLTFC, the strategic partnership will form the foundation of the next phase of the Club’s growth, focused on sustainable business development driving the Club’s future footballing development.
TSI is anchored by Turn Capital, the single family office of Singaporean entrepreneur Joseph Phua, who established himself within Asia’s technology media and entertainment arena through multiple successful acquisition and investment deals in the region.'
Stephen Cleeve, Chairman of King’s Lynn Town Football Club, said: “I am delighted to welcome TSI into the KLTFC family as a strategic partner and investor. I look forward to their innovative ideas and expertise to help us achieve our goals. KLTFC is in a phase of reinvention, based on long-term ambitions, and together with TSI, I hope we will be able to achieve our goals. We have come so far from day one, with support from our family of sponsors and loyal fans – I am proud to welcome TSI as part of our team. Today is an important moment in the Club’s journey towards the future. I am excited to share this with all.”