Tuesday, 21 October 2008

Takeovers :- Kenyan Style

Last week saw a first in Kenya where a football team was bought out by interested investors. This precedes a previous experience with semi-professional side Volcano United back in the 1980s. It should serve as an example given the brief history and modest achievements since the team was formed in 1992 as Kawangare SC. Check out more information for the new club here.

What was not clear was that the investors didn't put a penny on the table. This is unusual since I'm made to know such a deal ought to have some $$$ exchanging hands. Considering this was not just a community outfit complete with a ground of its own, I'm waiting for more details. Checking outfits in Europe especially the recent interest in English teams, this ought to give Kenyan football administrators food for thought. Someone should start working on those business proposals and financial plans. Can somebody out there hear me ?

WORLD CUP 2010 Updates:
Zimbabwe even with its political and economic upheavals, has managed to attract the interest of the organising team for the 2010 World Cup. This is much to the chagrin of more stable neighbours who would wish to reap from the visiting teams. Bulawayo has been selected as one of the cities to host the teams. Read here !

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