Code Each Other, Kaesang's Son Of Jokowi Buys Shares In Bali United?

JAKARTA - The youngest son of President Joko Widodo (Jokowi), Kaesang Pangarep, throws codes at the Bali United football club on Twitter social media. Kaesang tweeted by launching a poll on February 21 about his desire to buy a soccer team or just play the round leather.

A total of 9,469 Twitter account owners participated in the poll conducted by the owner of the culinary brand Sang Pisang. As a result, 74.5 percent of the vote wanted Gibran Rakabuming's younger brother to buy the soccer team.

Along with the plan, Kaesang also tweeted back with the account of PT Bali Bintang Sejahtera Tbk aka Bali United, a football club that is listed on the Indonesia Stock Exchange with the stock code BOLA.

Dare to fight me? I AM WAITING at https://t.co/UMiarsPnpI

- Kaesang Pangarep (@kaesangp) February 21, 2021

However, it is not certain whether Kaesang actually bought the shares of the 2019 League 1 champion soccer club.

Bali United's own shares today, Wednesday, February 24, are at the level of IDR 298 per share. This decreased 2 points or 0.67 percent compared to yesterday's closing at the level of IDR 300 per share.

Outside the context of Kaesang's tweet, fundamentally, Bali United is getting closer to meeting an important moment. The agreement of the Ministry of Youth and Sports (Kemenpora) and the Indonesian Football Association (PSSI) to launch the 2021 Menpora Cup pre-season competition was the trigger.

The running of the competition which is scheduled to take place in March-April 2021 will restore Bali United's operations and will impact revenue from sponsors and royalties.

The stagnation of the Indonesian football competition due to the pandemic has indeed hit hard the financial condition of the club owned by Pieter Tanuri's tycoon. Until the period of September 2020, the company's revenue fell 55.9 percent from IDR 143.27 billion to IDR 63.15 billion.