Sports News Sat, 25 Nov 2017
Former management member of Accra Hearts of Oak, Farouk Al-Wahab has slammed the current management and the board of the club for disrespecting supporters who have invested in the club by way of buying shares.In recent past years, Hearts floated shares on the stock market as they look to lure investors to the club as well giving supporters a sense of ownership which will help thrive the club in terms of its financial backing.
But this flotation has led to series of managerial inconsistency, which Al-Wahab feels can be solely put at the doorstep of managers at the helm of affairs who have failed to give the much needed respect to fans who invested in the club.
Speaking on the Football Legends Night Show on GH One TV yesterday: “Hearts have continuously and consistently disrespected and disregarded who ever put in 1GHc or 2Ghc, because under the normal corporate practices thus talking about corporate law a shareholder regardless of your value, form part of the club’s ownership.
“How far have has their [Minority Shareholders] decisions or suggestions being impacted in the modern day to day Hearts of Oak decision making body?, Al-Wahab fumed on the Football Legends Night Show yesterday.
Source: Ghana Crusader