Sports

Cash-strapped Ghana Premier League side up for sale – Report – Ghana Sports Online

Cash-strapped Ghana Premier League side up for sale – Report – Ghana Sports Online

Owners of Ghana Premier League side Techiman Eleven Wonders have considered putting up the club for sale due to growing debt, according to reports from Techiman.

Wonders, owned by businessman Nana Ameyaw, escaped relegation from the Ghanaian top-flight by a whisker and is battling with debt.

“Things have reached a point where the club’s finances is in tatters and the owners have decided to put it up for sale. They are looking at an offer of around $350,000 to $400,000,” a source in Techiman told Ghana Sports Online.

Wonders, managed by former Hearts of Oak PRO Albert Commey, have not paid players for the past six months or so and have a pending order from the Ghana FA’s Disciplinary Committee to play former player Abu Sule GHS33,700 and GHS5,000 in residual charges for breaching the initial payment deadline.

Owner Nana Ameyaw feels the club’s management led by Commey has failed to turn the club into a self-sustainable business within the period of his appointment and has decided to sell the club.

In 2019 a top politician and businessman made an offer of around $300,000 to buy the club from the current owners but they turned down the offer and insisted on running it to become a self sustainable enterprise.

Having failed on that mission they have decided to put it up for sale.

More to follow…

Follow the writer on Twitter: @Akwasiakyereko 

Source

ABOUT

DJ Mizzy

Muwaffaq Yunus, a.k.a Mizzy, who owns TopGhanaMusic.com, is a Web Designer/Social Media Influencer/Blogger/Promoter & Event Organizer. Contact Us On: 0544196596

Are you an underground artist? Do You want to reach a lot of views & trends. Hurry Up and Contact Us Now. +233 544196596