Home / SPORTS / Local sports / No transfer ban for Asante Kotoko as club clears Fifa fine

No transfer ban for Asante Kotoko as club clears Fifa fine

Asante Kotoko have escaped Fifa’s wrath after paying a fine in relation to the signing of Emmanuel Clottey in 2015.

The Porcupine Warriors, having been found guilty of breaching transfer rules by the world football’s governing body, were issued an ultimatum to cough up an amount of $240,000 [€218,915] by May 10.

Failure to obey the order would result in a transfer ban for the club, both locally and internationally.

“{Executive chairman] Dr Kwame Kyei has paid the amounts due to Esperance and Fifa in the Emmanuel Clottey issue,” club PRO Kennedy Boakye-Ansah 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.”

The misunderstanding between Kotoko and Esperance involves the transfer of striker Emmanuel Clottey in 2015 and midfielder Kwame Bonsu last year.

Kotoko owed Esperance $180,000 [€164,195] from Clottey’s acquisition.

After the Tunisians purchased Bonsu from the Porcupine Warriors last year for $150,000 [€136,829], Esperance also opted against paying up, instead deciding to offset the cost with part of Clottey’s 2015 arrears and demanding $30,000 [€27,366] more from Kotoko to completely clear the striker’s debt.

The issues reached the doors of Fifa who ruled in favour of the Tunisians.

Source: goal.com

About Elvis Anokye

Check Also

VIDEO: Black Sherif displays football skill at Black Stars v All Stars game

Musician Black Sherif was given the opportunity to display his football skills when the Black …

The sensational 1957 match between Great Olympics vs Asante Kotoko

Great Olympics vs Asante Kotoko 1957 match surfaces Asante Kotoko wins 26th league title Hearts …

VIDEO: Barcelona’s Memphis Depay visits GPL champions Kotoko

  Barcelona forward Memphis Depay on Saturday evening met the players, staff and technical team …

Leave a Reply

Your email address will not be published.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

WP Twitter Auto Publish Powered By : XYZScripts.com