FIFA gives Asante Kotoko a new deadline to pay Esperance $240,000

Ghana Premier League side Asante Kotoko has been given up to May 17 by the world governing football body, FIFA to pay $240,000 to Tunisian giants Esperance or face stricter sanctions.

Asante Kotoko were fined by the FIFA Disciplinary Committee for the illegal transfer of Emmanuel Clottey in 2015 who was then on the books of the Tunisian club.

In a statement released by FIFA, the debtor (Asante Kotoko) has been given a deadline of 30 days to settle the Creditor (Esperance).

"If payment is not made to the Creditor (Esperance) and proof of such payment is not provided to the secretariat to the FIFA Discplinary Committee and to the Ghana Football Association by this deadline:

"A ban from registering new players, either nationally or internationally, will be imposed on Debtor II (Asante Kotoko). Once deadline has expired, the transfer ban will be implemented automatically at national and international level by the Ghana Football Association and FIFA respectively, without a further or formal decision having to be taken nor any order to be issued by the FIFA Discplinary Committee or its Secretariat. The transfer ban shall cover all men eleven-a-side teams of the Debtor-first team and youth categories.

The Porcupine Warriors have just 18 days to settle the long standing debt or they will be playing in Ghana's second tier league and will still be required to pay the debt.