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
-
FIFA refuses Iran request to move games to Mexico amid US conflict
5 minutes -
Man City cut Arsenal’s lead at top of Premier League to six points after beating Chelsea
17 minutes -
Star Oil posts strongest growth to cement market leadership in 2025
29 minutes -
TTAG raises alarm over recruitment of 7,000 teachers; says it’s inadequate to clear backlog
38 minutes -
Bawumia mourns former Savannah Regional Minister Salifu Braimah
40 minutes -
First Lady inspires young women at 2026 Young Singles’ Rally at Sakumono
44 minutes -
Savannah NPP suspends all activities over death of Salifu Adams Braimah
47 minutes -
Greater Accra Minister disowns Kaajaano demolition exercise
52 minutes -
Kwahu Easter 2026 records low crime, improved sanitation
56 minutes -
Damang Mine deal must prioritise value protection – Suame MP John Darko
1 hour -
Kasoa Market redevelopment not politically motivated – Queenstar Sawyerr
1 hour -
New Black Stars coach to be named today – Sports Minister
1 hour -
Eduwatch urges GES to publish district recruitment quotas for transparency
1 hour -
Asokore-Mampong Assembly bans foreigners from riding ‘Adedeta’
1 hour -
Nyansuaka chiefs, people urge gov’t to improve roads
1 hour