Kotoko fail to meet FIFA deadline over Schmidt cash

Published on: 24 April 2012

Asante Kotoko will not be relegated from the Ghana top-flight despite failing to meet a FIFA deadline to pay Hans Dieter Schmidt's compensation fee of 99,000 Euros.

The world's football governing body's 30-day ultimatum to the Ghana Premier League giants elapsed on Monday.

Kotoko officials told MTNFootball they have reached an agreement with the legal representatives of Schmidt over a payment plan.

An amount of 47, 000 euros have been paid to the German coach with the remainder 52,000 Euros to be settled next month.

"We have reached an agreement with his (Hans Dieter Schmidt's) lawyers and so there is a clear understanding on how to settle the debt,'' the club's spokesperson Listowell Bukarson told MTNFootball.com

Kotoko wrongfully dismissed Schmidt in 2005, a year after he had led the club to the final of maiden CAF Confederation Cup-losing to rivals Hearts of Oak.

FIFA warned that the club will demoted to the country's third-tier side if they failed to pay.

Source: MTNFootball.com

Comments

  • Marfo
    says: 7 years ago
    Good to hear that,fabulous no size.
  • KT
    says: 7 years ago
    Relegation??? Not so long us we live and Never say die. Where will we be? How will the Rainbow shine? Who will we beat 4-0? Who will compare to us and try to rival us(but cant though)? How will we get big bucks from selling exhausted players to them(Charles Taylor)? How will Ghana soccer survive? No one will allow that. Rivalry isn't hatred. It just let us know the best......all-time trophy greats.......Phooooooobiiiiiiiaaaaaaaaaaaa!!!!!
  • Krobea ASANTEBA Sei
    says: 7 years ago
    Even FIFA knows knows that should Fabu go out of the GPL, Ghana soccer is doomed. Fabu, no size.
  • Boss fr Cinkasi
    says: 7 years ago
    U have done well but dont do dat again.No hearts no kotoko and vice versa.We are all friends, brothers,sisters and even one family coz if we united dat makes ghana football strong and attractive.Good evening to all ghanaians bye!!!!