These two actions make Bali United fall

JAKARTA, KOMPAS.com – Even if, on Monday (17/06/2019), the actions of the Indonesian football club of League 1, Bali United, are oversubscribed, two elements can make the actions of the club based at the stadium Captain I Wayan Dipta, Gianyar Bali can be collapsed.

Financial market badyst Ariston Tjendra said that this answered the Kompas.com question.

"The football competition in Indonesia must continue," he said.

"If the competition stagnates, the actions of Bali United could be down," he added.

Read also: Bali United shares officially released today

The football competitions in Indonesia have not shown a perfectly arranged face.

Now, the schedule of Ligue 1 competitions last week was stopped as there was a friendly match against FIFA for the Indonesian national team.

Previously, at the opening of Ligue 1 on Wednesday (15/05/2019), there was a riot between supporters during the Sleman PSS match against Arema FC.

Bali United Stefano Cugurra Teco while he was leading the training session of the Bali United team on Thursday (25/04/2019)

To win

In addition, added Ariston, the club dubbed Laskar Tridatu also has the obligation to win so that the course of action of Bali United is not free.

"Bali United must win continuously, and fans are happy if their favorite club wins," said Ariston.

Read also: Floating on the Stock Exchange, Bali United shares flood investors

As of today, Bali United is a player in the Indonesian Stock Exchange.

PT Bali Bintang Sejahtera, the company hosting Bali United, has published 2 billion shares worth 175 Rp per share.

The number of shares released equals 33.33% of the shareholding of the company.

The company expects that the sale of the shares will yield about 350 billion rupees.

These funds will be used to develop the club's facilities, recruit players and coaches, organize events, fund a football academy and develop club accessory outlets.