For Immediate Release
March 14th , 2005

Admiral Administration Ltd. Sponsor’s Under 17 Youth League
by Kenisha Morgan

Admiral Administration Ltd., a leading Cayman Islands Investment Fund Administrator, has joined forces with the Cayman Islands Football Association to sponsor the Under 17 Youth League.

The league, which was reduced to two and a half months after hurricane Ivan disrupted the original kick off date in October 2004, has now adopted ‘CIFA Admiral Youth League’ as its official name.

Admiral Administration Ltd. which, is one of the largest independent fund administration firms in the Cayman Islands, serving over 150 investment funds, will contribute a total of US$35,000 over the next four years to youth football. At a recent press conference the first US $5,000 was presented By Admiral’s General Manager Canover Watson to CIFA President Jeffrey Webb to cover the 2005 reduced season. The remaining US$30,000 will be given as US$10,000 contributions over the next three years.

Canover Watson, Admiral Administration Ltd’s General Manager says this is the greatest investment his company could make in the Cayman community.  “We’ve made a significant investment in the Cayman Islands, but we feel that the greatest investment we can make is in our youth. The under 17 league is probably one of the most important leagues to sponsor. During this difficult stage of transition for our young people, investments in our community such as this provides a positive outlet that benefits us all long after the field of play. We are very excited about this partnership with CIFA to help provide a positive platform for our young people to grow. I encourage everyone to come out and support our youth – it is the greatest investment we will ever make.”

CIFA President Jeffrey Webb thought this was a perfect example of young Caymanians giving back to their community and encouraged more Caymanians who influence the decision in how marketing dollars are spent to make the effort to give back to our youth.

 “The youth are our future, and it is our goal to use every opportunity we are offered to invest in that future. There are very passionate and very talented young footballers living in these Islands. It’s our responsibility to nurture that passion and help fuel that energy into something that can offer solid educational opportunities for them in the future,” said CIFA President Jeffrey Webb. He went on to welcome Admiral Administration Ltd. on board and extend CIFA’s sincerest gratitude to them for making “…a most worthwhile investment in Cayman’s youth.”

CIFA Admiral Youth League matches are scheduled weekly on Monday’s, Thursday’s and some Friday’s. See the press for match results and schedules, which are published weekly. Matches this week are scheduled as follows:

CIFA President Jeffrey Webb (left) and Canover Watson, General Manager for Admiral Administration Ltd. seal the deal, signing the contract that entitles the U17 youth league to US$35,000 in sponsorship over the next four years. The league has now adopted the name ‘CIFA Admiral Youth League.’ Admiral Administration Ltd. is one of the largest independent fund administration firms in the Cayman Islands, serving over 150 investment funds. (Photo Credit: Kenisha Morgan)

CIFA President Jeffrey Webb and Admiral Administration Ltd. General Manager Canover Watson shake hands in agreement after signing a contract that will pump US$35,000 of sponsorship into the Under 17 Youth League over the next four years. The League has been renamed the ‘CIFA Admiral Youth League.’ Standing (l-r) are Marcos Tinoco - National Technical Director, Thiago Cunha - National Women’s and District Coach, East End U17 Player Dexter Beniss, Academy SC Under 17 Player Joseph Tatum, Jeffrey Webb, Canover Watson, St. Ignatius High School player Josh Clarke, St. Ignatius football coach Gareth Thacker and Robby Cribb St. Ignatius U17 player.(Photo Credit: Kenisha Morgan)