The GFA does not have money - Kurt Okraku

The President of the Ghana Football Association, Kurt Okraku has revealed that the Association is not as financially stable as he would have wanted.

The FA boss who was elected a little over two months ago said it is because of the lack of liquidity at the GFA that he has embarked on a sponsorship drive to try and find the financial muscle to run the affairs of the association.

The new GFA boss has been asked severally if he could make a declaration on how much was in the coffers of the association when he took over. He has maintained that an audit is currently been done to know the assets and liabilities of the FA but the early signals suggest that the GFA is not financially sound.

Speaking on the Joy Sports Link this afternoon, Kurt told host Nathaniel Attoh that the FA is not 'liquid enough'.

"We don't have money which is why we have increased our sponsorship drive to appeal to corporate Ghana to come on board. It is also our hope that by behaving well we will have access to the FIFA Forward progamme money which we can use for developmental programmes.

We are also hoping that by improving our national teams, we will qualify for major international games and win prize monies."

Recently, telecommunications company Globacom paid an outstanding $1 million dollars owed the FA but the FA President admits that while that money came at a good time, it surely is insufficient to settle the financial obligations of the GFA.