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Football set to take massive hit as budget for Sports Ministry is slashed by a staggering 42%

The financial challenges facing the various national teams is set to worsen following revelations that the annual budget for the Sports Ministry has been slashed by a staggering 42%. According to findings made by the General Telegraph newspaper, the GHC36, 186, 217.00 allocated to the Sports Ministry in 2015 will experience a massive decline to around GHC 21m. Finance Minister Seth Tekper is expected to confirm this findings when he presents the National Budget for 2016 to Parliament next month. The massive cut in the...

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