The Asantehene and club owner Asante Kotoko, His Royal Majesty, Otumfuo Osei Tutu II has described the club as the only ‘institution’ under his care that is embarrassing his stool.
In a meeting at the King’s Palace “Manhyia Palace” which was attended by former players of the club, as well as supporters and stakeholders, the King ordered the club to settle a debt of over three million Ghana cedis which they have incurred over the years before signing any player before the start of the next league season.
“The current debt is from hotel expenses, players salaries and wages – which have been accrued also from the last two months adding June and July. So we have this debt to clear, before also finding a way around player recruitment,” Otumfuo stated as captured by myjoyonline.com
“As for you [Kotoko], you are the only ones disgracing me.”
The Asantehene has dissolved the old board whose mandate has come to an end and has set up an interim management committee.
The IMC comprises Nana Apinkra Akwasi Awua; the Kontomponiaferehene and a chartered accountant, former Black Stars coach Appiah, Dr Ogum, and Emmanuel Newton Dasoberi as the administrative manager.
The committee has also been tasked to ensure the club fulfils all the statutory obligations for the Ghana Premier League and prepares a formidable team for next season.
2021/22 league-winning coach, Prosper Ogum Narteh has returned to the club one year after his departure.
Otumfuo on the other hand is expected to name new executives to lead the club in the coming weeks.