Home / SPORTS / Local sports / Asante Kotoko settle $240,000 Esperance debt

Asante Kotoko settle $240,000 Esperance debt

Asante Kotoko has paid off it debt owed Tunisian giants Esperance over the illegal transfer of Emmanuel Clottey, the club has announced.

A $240,000 fine was slapped on the club by FIFA, comprising $180,000 for the player’s transfer, $45,000 representing accrued interest and $15,000 for the failure to respect a FIFA decision.

Asante Kotoko were given up to May 17 to offset the debt or face stricter sanctions from the world governing football body.

The club has settled the debt according to the Spokesperson of the club Kennedy Boakye-Ansah.

“Dr Kwame Kyei has paid the amounts due Esperance and FIFA in the Emmanuel Clottey issue,” he said on Kotoko Express App.

“Thirty thousand ($30,000) US Dollars go to Esperance as an addition to the $150,000 owed Kotoko for the transfer of Kwame Bonsu.

“The Executive Chairman also paid $15, 000 to FIFA. We are grateful to Dr. Kyei and also to Ashford Tetteh Oku of Close Marking Consult for the smooth closure of this case,” he concluded.

The Porcupine Warriors would have been banned if they had defaulted for the second time.

Source: Ghana Soccernet

About Elvis Anokye

Check Also

All set for African Open Powerlifting Championship in Accra

The finest powerlifters from Africa would compete for major honours at the maiden African open …

Black Stars coach Chris Hughton spotted in Dormaa to watch Aduana Stars play Dreams FC

Head Coach of the Black Stars, Chris Hughton was spotted today at the Nana Agyeman Badu …

Watch how a referee was struck with metal after officiating a Division Two game in Berekum

A centre-referee identified as Patrick Adjei Sarpong was hit with a metal object after officiating …

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Twitter Auto Publish Powered By : XYZScripts.com