New investors set to take over Premier League side, Ashgold SC after they were introduced to the staff of the club.
The businessmen behind the club met the players and staff at Anyinam Lodge to outline their vision for the next few years.
The portal online-betting.org are among the bookies predicting and offering odds on massively improved fortunes for the Miners following the takeover.
Dr Kwaku Frimpong of Champion Divine Clinic and Mr. Kenneth Boakye Acheampong of Achiken Football Consult who are the new investor's bill to take over the club were today introduced to the workers of the club by the sustainability manager of Anglo Gold Ashanti Nana Ampofo.
The Chief Executive Officer of the club, who doubles as the Ghana League Clubs Association Chairman [GHALCA] Mr Kudjoe Fianoo and his management were also at the ceremony.
Sources say the new investors have been given 25 years to work with the club.
Ashanti Gold SC was founded in 1978 by a group of employees of the Ashanti Goldfields Corporation under the name of Goldfields Sporting Club famously known as Obuasi Goldfields.
The employees pleaded with management of AGC to sponsor the team, but they were always refused.
The workers continued to pay the salaries and costs for the team and in the 1984 season the club finished as runner-up in the MTN FA Cup.
The management took notice and, through their leading shareholder Lonrho, arranged funding and sent an English manager to help the fledgling team.
Still, no senior management was brought in to run the club. Because of their success in the FA cup, the team was promoted to First Capital Plus Bank Premier League the most elite football division.
For almost a decade the team struggled due to disorganization, until 1993 when a company official at AGC revamped the club and brought in another English manager.
In 2004 Obuasi Goldfields Sporting Club Ltd. were renamed AshantiGold Sporting Club Ltd. on April 16 due to AshantiGold Sporting Club's former owners Ashanti Goldfields Corporation.