Nairobi Kenya: Football Kenya Federation (FKF) has been incorporated into the Kenyan
Premier League (KPL) following an Annual General Meeting (AGM) over the
weekend.
The new development will see FKF chairman Sam Nyamweya attend governing council meetings and AGM's of the league body.
KPL Chief Executive Officer Jack Oguda confirmed the new development to supersport.com.
"Yes it is true that FKF has been incorporated as a special
shareholder in the KPL and chairman Sam Nyamweya will be attending both
governing council meetings. The decision was reached on Friday when we
had an AGM in Nairobi."
However FKF will not have voting rights in meetings or AGMs which is restricted to the 16 member clubs.
The federation will also not be entitled to participate in the
distribution of dividends or investments of the company, reckoning of
the quorum in meetings of the company, or in the appointment of
Directors, or in any decision making of the company.
It will also not, like other members, be liable to forfeiture or refund by virtue of relegation of the clubs...(Super Sports)