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There is a mixed feeling about the worth of cheerleaders to the youth football program. I personally feel that from a financial point of view cheerleaders are moneymakers. The insurance is cheap and there is no equipment to buy, just uniforms. Some people feel they add ambiance to the whole football day.
As a coach, I feel the cheerleaders can be a pain in the rump. I suggest you check with the league and see what their rules are pertaining to how much cooperation and involvement you need to have with them. If you are required to deal with them make sure you talk to who is in charge of the cheerleading squad for your age level. I have found it best to set the guidelines up front so there is no miscommunication. Make sure you let the cheerleader's coaches know what you will allow not only for homecoming but also for each game. Make sure the cheerleaders do not go beyond what your league's rules state. For example if no pyramids are allowed then make sure that is known.
Homecoming and/or Rally night is the big event for the cheerleaders so try to cut them some slack. I usually let my kids run through a banner and share a snack with the girls after the game. If you are having a big feast have Team Mom get the parent's of the girls involved.
Over the years, the cheerleaders are usually out of the way during the youth football game. They take center stage on the main field when you are at halftime.