Dr Kwaku Frimpong, a former AshantiGold SC president has vowed never to make a return to the club.
The successful business mogul resigned from his position last month.
However, reports have emerged that Dr Frimpong will make a return to the club.
But in an interview with Graphic Sports, Dr Frimpong revealed that there had been calls from some prominent personalities in the country and other parts of the world urging him to rescind his decision but he had not heeded to them.
"I resigned because the fans seemed not to appreciate the huge investment and the transformation that has taken place in the club in terms of branding and recruitment of first-class players since I took over the administration of Ashgold about three years ago,” he explained.
“I have resigned and there is no U-turn to the decision I have made,” he stressed.
He, however, admitted that he had made a huge investment in the club since taking over and would, therefore, not allow it to go waste.
“Notwithstanding my resignation, I am still financing and maintaining the players to keep the club very solid in anticipation of getting an investor who can take over the club so that I can hand over,” he explained.
Highlighting his achievements, he said the club had won three domestic trophies and also played in Africa under his watch.
“I deem the continental campaign as a major achievement because it happened in the first year that I took over and we managed to get to the second round before we were eliminated,” he recalled.
“I accepted to take over the administration of Ashgold not for my personal gains but to help mould the club to be competitive at both the local and international fronts.
"The welfare of the players was also very key to me, and since I took over the salaries and winning bonuses of the players, as well as their meals, have always been handy, Dr Frimpong revealed.