Ghana Latest Football News, Live Scores, Results - GHANAsoccernet

Ghana's No. 1

Kotoko setup supporters committee to lead fund raising charge

Published on: 30 March 2012

By Ameenu Shardow

Public and Supporters Relations Manager of Asante Kotoko Listowell Yesu Bukarson chairs a ten-member committee task with implementing modalities to raise funds for the club.

The fund mobilization process has become necessary following a 30-day ultimatum handed the Kumasi-based club to settle recently incurred liabilities.

The club must cough up a whooping 99,000 Euros to former coach Hans Dieter Schmidt for his wrongful dismissal in 2005.

Kotoko is also to pay $6,500 to Turkish club Gençlerbirligi S.K. in refunds for unpaid ‘Solidarity Mechanism’ to local side B.T International for the transfer of defender Adamu Mohammed in 2008.

Both cases incurred extra cost in legal fees of 11,000 and 1000 Swiss Francs in the case involving Shcmidt and Adamu respectively.

A massive campaign has thus been launched to raise the needed funds to offset the debt which could potentially cripple the club beyond repair.

The committee drawn from the clubs supporter groups (three each); National Circles Council, Fabulous Ladies and Warriors will co-ordinate all the fund raising activities which includes sending branded Kotoko ladies into the various business centers to appeal for funds.

Coupons will be printed out by Saturday to commence this activity which will see every contributor duly registered on the coupon for future reference and acknowledgement.

Monies will also be collected during the weekend’s Premier League game with New Edubiase.

Kotoko currently lead the Ghanaian topflight with a healthy 10-point lead but could all be undone if they fail to pay off the liabilities within the stipulated time.

They even run the risk of getting relegated to the second tier of Ghana football.

The club has activated several bank accounts into which contributions can be made worldwide, details of the accounts are as follows:

KOTOKO BANKERS Fidelity Bank Limited Ridge Towers PMB 43 Cantonments, Accra, Ghana


Account Name : Asante Kotoko Sporting Club Account Nos. : Cedi : 241 001 987 2851 US $ : 105 101 987 2891 Euro : 105 301 987 2865

Bank Branch : Ahodwo – Kumasi

GHANA INTERNATIONAL BANK Ghana International Bank PLC 69 Cheapside P. O. Box 77 London EC2P 2BB United Kingdom

CITIBANK N.A Citygroup Centre Canada Square, Canary Wharf London E14 5LB, United Kingdom

BHF BANK BHF Bank Aktiengesellschaft 60323 Frankfurt AM Main Frankfurt , Germany

COMMERZBANK AG Frankfurt AM Main De Germany

MEDICAPITAL BANK PLC Medicapital Bank PLC 3 Rue Boudreau 75009 Paris, France

CITIBANK, NEW YORK Citibank N. A. 111 Wall Street New York, 10005 USA

This website uses cookies to ensure you get the best experience on our website.
Learn more