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Asante Kotoko SC settle on 30% pay cut for players – CEO reveals

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Asante Kotoko SC settle on 30% pay cut for players – CEO reveals

The Chief Executive Officer of Asante Kotoko Sporting Club, George Amoako has revealed the financial difficulties the Novel Coronavirus has had on Ghanaian clubs.

Via the president’s directive, Ghana Premier League came to a halt in Ghana in mid-March in the wake of the Coronavirus outbreak, and clubs have had a hard time to manage affairs financially.

George Amoako told 3news.com categorically that the players of Kotoko had agreed a pay cut of 30 percent – a sum that he says has been difficult to match.

Rumours were rife that the players of the Kumasi-based club were asked to receive a pay cut of 40 percent but after various meetings and deliberations, they arrived at a suitable amount.

“Now that you cannot earn anything, it becomes very difficult to manage. We have had to negotiate with our players to agree to cut their salaries by 30%. Even that is not easy to meet. It affects sponsorship monies,” he said.

Amoako, who doubles as a member of the GFA’s Executive Council, further touched on the uncertainty surrounding when the league will return.

3News

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C. A. Asante is a teacher (Village Teacher) by profession who has reported on a number of elections in Ghana for Central Press Newspaper. He is known among his peers as a researcher and regular contributor in Education, Politics, etc. Follow : Instagram- @ chris_asante1...Facebook: CA Asante

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