The world's football governing body, FIFA have given Kotoko a deadline of 17th May to make the payment of the $240,000 or face a possibility of a transfer ban.
FIFA fined Kotoko due to the wrongful transfer of Emmanuel Clottey from Esperance in 2015. In their statement, they gave a final deadline of 17th May to make the payment.
"Debtor I and Debtor II are granted a final deadline of 30 days as from notification of the present decision in which to settle their debt towards the Creditor".
"If payment is not made to the Creditor (Esperance) and proof of such payment is not provided to the secretariat to the FIFA Discplinary Committee and to the Ghana Football Association by this deadline:
A ban from registering new players, either nationally or internationally, will be imposed on Debtor II (Asante Kotoko). Once deadline has expired, the transfer ban will be implemented automatically at national and international level by the Ghana Football Association and FIFA respectively, without a further or formal decision having to be taken nor any order to be issued by the FIFA Discplinary Committee or its Secretariat. The transfer ban shall cover all men eleven-a-side teams of the Debtor-first team and youth categories."
Kotoko have under 30 days to prevent the transfer ban.