In a bid to achieve financial stability, FKF Premier League giants Gor Mahia are considering forming a business arm for the 56-year-old club.

Agenda number five of the club’s AGM, set for September, proposes the formation of a Limited Liability Company, pending approval by the members.

“To discuss and, if approved, adopt a motion to convert the club into a Limited Liability Company,” the agenda item reads.

However, Gor Mahia Vice Chairman Francis Wasuna has clarified that, subject to the members’ approval, they will establish “Gor Mahia Limited,” a Limited Liability Company to manage the club’s business activities.

“This is how modern clubs, including our neighbours Yanga SC of Tanzania, are structured. As we are registered now, it’s difficult to conduct business and generate the finances needed to run Gor Mahia,” Wasuna, a lawyer by profession, told Passion Sports.

“This proposal was included in the club’s new constitution, and the management was mandated to explore it six months after the constitution’s adoption,” Wasuna added.

According to the Sports Act 2013, sporting organisations, including clubs, can only be registered under the Registrar of Sports.

However, clubs can explore ways of generating funds by registering separate business entities that leverage their brands for commercial purposes.