Asante Kotoko receives huge financial boost in a bid to clear Esperance de Tunis after supporters donate GH¢ 15,881 to club officials
Asante Kotoko are in financial distress due to the several levels on which the club have been fined by the Ghana Football Association and FIFA over breach of contractual terms in recent years.
However, they have received a huge financial boost after supporters’ body National Circles Council have donated a sum of GH¢ 15, 881.48 to the club’s officials.
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The Ghanaian giants have already experience financial crisis after paying compensations to former managers Charles Kwablan Akonnor and Kjetil Zachariassen in March this year, and over GFA’s fine of GH¢ 20,000 in January.
They have also been hit with a huge FIFA fine and are count liable to pay Tunisian giants Esperance de Tunis $180,000 over wrongful signing of Emmanuel Clottey from the CAF Champions League holders in 2015.
After failing to show commitment to the FIFA fine, the world football governing body have incurred an ultimatum, and the Ghana giants are racing against time- 10th March, 2020, to pay Esperance to avoid being relegated to lower division.
READ MORE: KOTOKO turn to fans for financial support amid paying FIFA fine to Esperance over Emmanuel Clottey transfer
The Kumasi based club called for financial assistance from their supporters to mobilize funds to clear Esperance, and the fans have responded well by handing GH¢ 15, 881.48 as confirmed by club’s General Manager Nana Akwasi Gyambibi via Ghana Soccer Net.
Asante Kotoko Fan Page– GH¢ 2, 450
Kum Apem– GH¢ 4,100
Individuals (Ghana & Abroad) – GH¢9, 331.48
The Fabulous supporters are considered one of the best in Africa, with their passion for football and their charity towards to the club’s development.
They are well known for raising funds to support the transfer of top talents across African and financing the stay of foreign trainers who have come to manage the club.