The management of Kumasi Asante Kotoko has downplayed media reports that the club has not presented its financial report to the Ghana Football Association (GFA).
Other reports making rounds in the media also suggest the accounts submitted were falsified.
But in a press statement signed by Communications Manager, Kwaku Ahenkorah, management described the reports as bogus and should be treated with contempt.
"Our annual audited account has always been forwarded to the appropriate offices of the GFA and its timing and authenticity have never been questioned by the appropriate bodies," said the press statement.
"We therefore entreat the football fraternity and our numerous fans to reject and treat the reports with the contempt," the statement added.