Kumasi Asante Kotoko Executive Chairman Dr. Kwame Kyei has agreed to settle a debt owed Tunisian club, Esperance, and FIFA over the illegal registration of striker, Emmanuel Clottey back in 2015.
The World’s Football governing body slapped the porcupine warriors with a hefty $240,000 fine, comprising $180,000 for the player’s transfer, $45,000 representing accrued interest, and $15,000 for the failure to respect a FIFA decision.
FIFA has given Kotoko up to May 17, 2020, to settle the debt or face a transfer ban.
Spokesperson to Kotoko expresses App, the spokesperson of the club, Kennedy Boakye-Ansah in revealed that both clubs have written to FIFA to officially inform it of the settlement.
“Dr. Kwame Kyei has paid the amounts due Esperance and FIFA in the Emmanuel Clottey issue,” he confirmed.
“Thirty thousand ($30,000) US Dollars go to Esperance as an addition to the $150,000 owed Kotoko for the transfer of Kwame Bonsu.
“The Executive Chairman also paid $15, 000 to FIFA. We are grateful to Dr. Kyei and also to Ashford Tetteh Oku of Close Marking Consult for the smooth closure of this case,” he added.
Source: Mybrytfmonline/Sylvester Ntim