Cash-strapped Kotoko Express halts operations because of GHC 168,000 debt

Published on: 01 October 2016

The official mouthpiece of Kumasi Asante Kotoko, the Kotoko Express has suspended its operations due to its GHC 168,000 indebtedness to the Graphic Communications Group Limited.

According to the Associate Editor of the paper, Jerome Otchere, “the paper will not be returning to the newsstands until the team returns from their break and until issues relative to its huge indebtedness to staff and Graphic Packaging (G-PAK) are satisfactorily addressed”.

In June this year, the Kotoko Express suspended its operations due to a debt owed the Graphic Communications Group Limited.

He explained to Footy-Ghana that, “we’ve been forced to shut down because of operational difficulties arising out of a few issues which we’ve had with our printers and our staff”, and it’s seem the situation is yet to improve".

Mr. Otchere said a 10-page report has been sent to the management and the Board of directors of the Porcupine Warriors on its operations for the 2015/16 season in a bid to avert the situation before the start of the next season.

“It is true we have submitted our report to the managers of the club and the board of directors. The report basically talks about what we were able to do throughout the season. It captures the state of affairs of the Kotoko Express and the website”.

He added that the document details the challenges the club newspaper and website faced and its indebtedness to G-PAK.

“We also shared our opinion on what we see as the way forward for the two media outlets for the club and we are hoping that this will form the basis for any decision that will be taken concerning the Kotoko Express and the Kotoko website.

“Even if it doesn’t form the basis, our expectation is that, this will add to whatever decision that will go into the management of the paper and the management of the website in the next season or in the years to come”.