KUALA LUMPUR: The FA of Malaysia (FAM) is close to securing two major local companies as sponsors to help boost its revenue.

FAM media and marketing committee chairman Datuk Syed Mahadi Syed Hassan said negotiations were in the final stage before agreements are signed.

"We have identified two major local companies and the process is now at the final stage before the agreements are signed," he said.

The development comes as FAM seeks to strengthen its sponsorship base after falling short of its annual target.