Audio By Carbonatix
Defending Ghana league champions Asante Kotoko are heaving a big sigh of relief after fully settling a debt of 99,000 euros owed their former coach Hans Dieter Schmidt.
This was confirmed exclusively to Joy Sports on Saturday’s Joy Sports Link by Board member of Asante Kotoko Jerry Asare. Kotoko was ordered by FIFA to pay a whooping amount of 99,000 Euros to the German after the world governing football body ruled Schmidt’s dismissal from Kotoko in 2005 as illegal.
According to Jerry Asare the club settled the debt and have laid measures in place to prevent future occurrences of a similar case.
“That balance there now raise zero, which means that we have been able to clear all the debt we owed the coach”. He told JOY Sports
“I believe strongly that, with the proper measures being laid in place under the leadership of Dr. KK Sarpong such problems will not arise anymore”.
Kotoko will now concentrate on raising 800,000 US dollars for their CAF Champion’s League campaign which begins soon. Asante Kotoko remains the most successful club in the Ghana Premier League having won it 21 times, one more than Ghana’s oldest club Hearts of Oak, their arch rivals
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
IMF seeks 3-month extension of Ghana’s Programme
5 minutes -
Government secures $200m World Bank support to end double-track system – Haruna Iddrisu
9 minutes -
GJA raises alarm over court order restraining investigative reporting
24 minutes -
Ghana Embassy delegation visits Ghanaian detainees at ICE facility in Pennsylvania
51 minutes -
The Licensure Fallacy: A misplaced narrative on WASSCE performance
1 hour -
Front-runner to be Bangladesh PM returns after 17 years in exile
2 hours -
NICKSETH recognised as Best Building & Civil Engineering Company of the Year 2024/2025 by GhCCI
2 hours -
MISA Energy rebrands in Kumasi, pledges better service and sustainability
2 hours -
Kenyasi assault case: Woman handed 15-month jail term for injuring child
4 hours -
Mahama’s trust well placed, I remain focused on fixing education – Haruna Iddrisu
4 hours -
IGP Yohuno promotes 13 senior officers in recognition of exemplary service
4 hours -
Miss Health Organisation unveils new Miss Health Africa and Ghana queens
5 hours -
Andy Dosty set to headline inaugural Ghana Independence Day celebrations in Europe
5 hours -
GoldBod rejects IMF claims of $214m losses under gold-for-reserves programme
5 hours -
Some MMDCEs reject uniform 24-Hour Economy Market model, seek flexible options
5 hours
