October
11th, 2005
Cayman football as a business
Contributed by CIFA
Though regulated for almost 40 years it was primarily sport
for entertainment, but the game is now about to step into the
discipline of corporate management as the Cayman Islands moves
over to conducting football as a business.
When the 2005-2006 season kicks off late October, club managers,
members and volunteers will be taking control of gate receipts
for matches, handling the sale of refreshments themselves
or contracting it out as a franchise, and even selling team
paraphernalia such as jerseys, shorts and caps.
“We’ve been strategically planning the evolution
of the sport as a business for the past four years and we
feel that clubs collecting gate revenue is the first phase
of realising that goal,” commented Cayman Islands Football
Association President Jeffrey Webb at the organisation’s
recent annual general meeting. “We basically want clubs
to grow, and we believe that if the clubs can generate their
own revenue, it will push the local development of the game.”
This move towards Cayman football clubs generating their
own income puts administrators in a position to tap into what
has long proven the world over to be a high income generating
venture.
While some national football associations continue to be in
need of development support, others led by European and Latin
American jurisdictions have long ago created an industry out
of the game – a fact that is perhaps responsible for
the successes of their teams at the international level.
Now, CIFA believes that the game here is mature enough for
commercial enterprise.
“I think this is a very positive step for football in
this country, I am pleased that CIFA is implementing it,”
says Mark Scotland, Bodden Town Football Association President.
He added, “This venture provides great opportunities
for clubs to generate income/revenue to support their activities
and build their infrastructure. I would like to see clubs
use this as a motivation to build more of a fan base and connect
more within their communities”.
“There is a wide scope for revenue generation by clubs,
and CIFA will be putting in place the mechanism that allows
members to explore all possible opportunities,” Mr Webb
said. “We feel strongly that the reciprocating benefit
to clubs generating their own income is that they will be
very prudent in spending such funds. Second, when they start
realising the benefits of earning money; they will be encouraged
to come up with innovative ways to increase their revenue,
just like any company that wants to increase its profit.”
“We want clubs to take more responsibility and ownership.
We have to go in this direction. When members and players
know that the larger the crowd at the game, the more funds
goes towards their clubs development, they would build a Club
fan base and generally participate more in their communities,”
the football president said.
He expects more assertive pursuits of sponsorship deals,
using creative approaches to make the game a better product
and promoting the game through all mediums available to them
such as using the media to hype up a team or star players
in coming fixtures.
CIFA will be very involved in the administration of the clubs
through the process towards full business management, gradually
letting go of more responsibility as the clubs mature.
To qualify clubs must be in what CIFA terms ‘good standing.’
This involves hosting of an Annual General Meeting, plus submission
of an annual report including financial statements and a budget,
list of officers, and confirmation of an official business
address on a yearly basis. Clubs must have completed their
registration process as non-profit organizations.
While CIFA will retain responsibility for all semi-final
and final matches, venue reservation and preparation, home
teams will provide staffing for the gates, professional security
personnel, match balls and some promotion for their respective
matches.
“We have been strategically working towards this goal
for the last four years, and want to see the game played at
the same time on multiple grounds,” Mr Webb said.
“There are already some clubs that have the ability
to independently plan and execute fund raising and other events,
but most are still very new to this. As non-profit organizations
in constant need of funding it is important that we give our
membership exposure to some of these responsibilities,”
the football president added.
The Association will schedule home and away games for the
clubs at Grand Cayman’s seven match venues, thereby
assigning who will manage each match day. Ground rules on
ticketing will be laid, and contracts issued.
CIFA sees this new opportunity for clubs as the catalyst
for moving the game in Cayman to the next level.
BE CAREFULL WITH THIS
- INFO HERE
Caption 1: CIFA President Jeffrey Webb
Caption 2 “Slipped through his fingers”: Players
battle for the ball during a Foster’s League final four
semi-final match in May 2005.
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