How Asante Kotoko settled Benevolent Esperance

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Public Relations Officer of Asante Kotoko Kennedy Boakye-Ansah has today in an interview with Happy Sports confirmed that the club has settled the $240,000 fine imposed on them by FIFA to be paid to Esperance for the illegal signing of Emmanuel Clottey in 2015.

Kennedy Boakye also revealed that Kotoko were relieved off $45,000 from the $240,000 by Esperance. All thanks to intermediary Ashford Tetteh-Oku

The Porcupine Warriors were expected to pay a fine of $240,000. $180,000 of the fine represented the transfer fee of the player.$45,000 represented the accrued interest on the transfer, with the remaining $15,000 to be given to the committee which ruled on the matter.

The Porcupine Warriors were given up to May 17, 2020 as deadline to settle the debt or face a transfer ban on the national and international fronts.

According to club PRO Kennedy Boakye-Ansah in an interview with Happy Sports, Kotoko came into an agreement with Esperance to write off the $45,000 accrued interest on the total figure.

“FIFA brought a final decision that If we if don’t make payment by May 17 there will be stricter sanctions. On the 20 April, Kotoko sent an amount of $20,000 to Esperance and another $15,000 was sent to FIFA”, he told Ohene-Bampoe Brenya on Happy Sports on Happy 98.9FM.

“The case is between Kotoko and Esperance. A fine of $45,000 was also imposed on FIFA. Through Ashford Tetteh Oku we spoke to Esperance and they have written it off.

“They (Esperance) were also owing us in the Kwame Bonsu transfer deal of $150,000 so we used it to offset the $180,000. Then we sent $30,000 to them. We have settled the case and communicated to FIFA, he added.

Media release to confirm settlement

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