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Asante Kotoko pursue three clubs for US$ 300,000

Published on: 02 July 2014
Asante Kotoko

Asante Kotoko say they are yet to retrieve US$ 300,000 from three foreign clubs as unpaid transfer fees.

Serbian side Red Star Belgrade, KS Dinamo Tirana of Albania and Algerian side Entente Sportive Setif have failed to honour their financial commitments after signing Nathaniel Asamoah, Jordan Opoku and Alex Asamoah.

Kotoko filed a case against Red Star Belgrade who signed striker Asamoah in January 2012 for €200, 000.

FIFA subsequently ruled in favor of Kotoko and directed the Serbian club to pay the transfer sum with the accrued interest but they have not done that.

Midfielder Opoku was loaned to Dinamo Tirana for US$20,000 between January 30 and May 31, 2011 but the club have failed to pay.

Kotoko secured a ruling from the FIFA Player Status Committee, which directed the Albanian club to pay the amount in addition to 5% interest but they have also not done that.

Algerian side ES Setif owe Kotoko US$ 40,000 as half the transfer fee for Alex Asamoah.

Kotoko began the legal battle during the tenure of former Executive Board Chairman Dr KK Sarpong.



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