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Kotoko need ?900m to go to Morocco

Thu, 24 Oct 2002 Source: Ghana Review International Sports

Kumasi Asante Kotoko would require an amount of ?900m to enable them honour their first leg CAF Cup Winners Cup final match against Wydad Casablanca in Morocco in early November.

A source close to Kotoko’s management hinted to the source of this article (GRi) that the amount, which is not available in the club’s coffers was needed to cater for air fare, accommodation and feeding among others. It said at present the team would have to fall on philanthropists to come to their aid to enable the club foot the almost ?1b amount if it will honour the finals of the CAF competition. According to the source even though Kotoko’s early sojourn to Brazzaville to honour a semi-final match with A.S. Police profited tremendously it left a financial gap that stretches the club into a desperate situation.

So far, the main source of the club’s revenue generation has been through gate proceeds recorded in Kotoko home matches in the domestic league and in the continental campaigns but it has not sufficed in taking it through the continental campaign. The onus on a number of occasions had fallen on individuals’ assistance.

Kumasi Asante Kotoko would require an amount of ?900m to enable them honour their first leg CAF Cup Winners Cup final match against Wydad Casablanca in Morocco in early November.

A source close to Kotoko’s management hinted to the source of this article (GRi) that the amount, which is not available in the club’s coffers was needed to cater for air fare, accommodation and feeding among others. It said at present the team would have to fall on philanthropists to come to their aid to enable the club foot the almost ?1b amount if it will honour the finals of the CAF competition. According to the source even though Kotoko’s early sojourn to Brazzaville to honour a semi-final match with A.S. Police profited tremendously it left a financial gap that stretches the club into a desperate situation.

So far, the main source of the club’s revenue generation has been through gate proceeds recorded in Kotoko home matches in the domestic league and in the continental campaigns but it has not sufficed in taking it through the continental campaign. The onus on a number of occasions had fallen on individuals’ assistance.
In their last game at Brazzaville, some players and officials of Kotoko were detained in Brazzaville to await their settling of hotel bills accruing from their one-week stay in equatorial Africa. Ghana Review International was told by the management source that Chief Executive Herbert Mensah had to fly to South Africa in pursuit of $50,000 to settle bills before the club could leave the country.

Source: Ghana Review International Sports