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Delegates reject JFF financial statements
published: Wednesday | May 2, 2007
Howard Walker, Staff Reporter
THE AUDITED financial statements of the Jamaica Football Federation (JFF) for the year 2005 were again rejected by its delegates at its extraordinary congress at the weekend. The statements were first rejected at the JFF's non-voting congress in February.
Rudolph Speid, the JFF treasurer, views the rejection as 'political' since this is a voting year.
However, the delegates countered saying the financial statements were nothing but "an election-year statement" and were inadequate.
At Sunday's extraordinary congress meeting at the Fede-ration's offices in New Kingston, the delegates rejected the financial statement presented to them by a vote of 42-31.
"It is election year and this is some muscle flexing. They were just getting into election mode and wanted to make a point," said Speid.
The rejection came as a result of the auditors' report which stated in part that due to inadequate supporting documentation, they were unable to verify satisfactorily the completeness, accuracy and existence of trade and other receivables.
But one delegate, Danny Beckford, president of theSt. Ann Football Association, told The Gleaner that what the JFF offered was an election-year statement.
Said Beckford: "This is an election year and the first thing they gave us we took it as gospel, then they changed it and brought back something rosier. But the differences were significant as some of them were in the millions of dollars. That would be hard to justify.
Speid said the delegates had all rights to scrutinise the statement but all the questions were answered.
"They are within their rights but it was unfortunate. The delegates' rejection wasn't because the accounts were wrong or anything. They could not put their hands on any one item in the balance sheet or the profit and loss that was incorrect," he said.
With this rejection of the financial statement by the delegates, the JFF will be holding another meeting in 60 days with the hope of clarifying the problem.
Arising out of the meeting, congress also accepted the proposal put forward to regularise the voting congress to fall in line with the World Cup year.
What this means is that the next administration will have a three-year tenure instead of the usual four years leading up to 2010.
published: Wednesday | May 2, 2007
Howard Walker, Staff Reporter
THE AUDITED financial statements of the Jamaica Football Federation (JFF) for the year 2005 were again rejected by its delegates at its extraordinary congress at the weekend. The statements were first rejected at the JFF's non-voting congress in February.
Rudolph Speid, the JFF treasurer, views the rejection as 'political' since this is a voting year.
However, the delegates countered saying the financial statements were nothing but "an election-year statement" and were inadequate.
At Sunday's extraordinary congress meeting at the Fede-ration's offices in New Kingston, the delegates rejected the financial statement presented to them by a vote of 42-31.
"It is election year and this is some muscle flexing. They were just getting into election mode and wanted to make a point," said Speid.
The rejection came as a result of the auditors' report which stated in part that due to inadequate supporting documentation, they were unable to verify satisfactorily the completeness, accuracy and existence of trade and other receivables.
But one delegate, Danny Beckford, president of theSt. Ann Football Association, told The Gleaner that what the JFF offered was an election-year statement.
Said Beckford: "This is an election year and the first thing they gave us we took it as gospel, then they changed it and brought back something rosier. But the differences were significant as some of them were in the millions of dollars. That would be hard to justify.
Speid said the delegates had all rights to scrutinise the statement but all the questions were answered.
"They are within their rights but it was unfortunate. The delegates' rejection wasn't because the accounts were wrong or anything. They could not put their hands on any one item in the balance sheet or the profit and loss that was incorrect," he said.
With this rejection of the financial statement by the delegates, the JFF will be holding another meeting in 60 days with the hope of clarifying the problem.
Arising out of the meeting, congress also accepted the proposal put forward to regularise the voting congress to fall in line with the World Cup year.
What this means is that the next administration will have a three-year tenure instead of the usual four years leading up to 2010.
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