KSAFA to sell office
The Kingston and St Andrew Football Association (KSAFA) is to sell the building that houses its headquarters at 40 Old Hope Road as the organisation embarks on finding a more fitting home.
The administration has also already identified two prospective properties that are deemed to be more suitable and is in the process of making an acquisition.
The development was revealed by KSAFA President Ambassador Stewart Stephenson at the launch of the 2016 David Hunt Management Seminar at the headquarters of sponsor Mayberry Investments Limited on Oxford Road in Kingston recently.
The seminar is set for today at the Melbourne Cricket Club.
The existing headquarters was bought by KSAFA in 2011 by the then administration led by President Rudolph Speid. In 2012, the property was said to be valued at $28 million. But according to Ambassador Stephenson, the property does not fit with the kind of image that KSAFA would want to have as a home.
"As KSAFA continues to build and provide professional services for our association and our clubs we have had to look at the facilities that we occupy, and I am happy to announce that just yesterday (Wednesday) we signed a contract to sell our premises at 40 Old Hope Road, which was not appropriate in our judgement for building the kind of image and the kind of organisation that we want," Stephenson said.
Ambassador Stephenson said the contract that was signed Wednesday will conclude in four months and the association has already received a deposit on the sale.
"We met with our clubs and they voted without objection for the sale of the building on Friday, the 15th of January for us to find a more appropriate location that reflects the needs of KSAFA with adequate parking etc. There is no reason why KSAFA should not look as good as Mayberry or any other corporate enterprise."