A management member of Kumasi Asante Kotoko, Nana Kwame Dankwah has disclosed that the club cannot sustain paying players $1,000 as monthly salary.
The Ghanaian giants are no doubt the side which attract the biggest commercial revenue on the domestic front – enjoying a couple of sponsorship deals and as well backed with the most attendances [despite being on a steep decline in the past six years] at their home games.
Their figures do not correspond with the club’s expenditure bill, forcing the club to consider other avenues for revenue as selling their most prized players who are also lured by the bigger paychecks these foreign clubs offer.
The Reds are on the verge of losing two of their key players, thus Songne Yacouba and Emmanuel Gyamfi to Zambian giants.
“One thing we must all know is that the Ghanaian economy is not strong; it is weak".
“And in Kotoko, we cannot pay a player $1,000 in our team. Let’s be realistic and not deceive ourselves,” Dankwah told Oyerepa FM.
He went on: “In this economy, no club, I tell you no club can afford paying a player $1,000 and above. You would be burdening yourself with debts if you do that in the current dispensation".
“Yes there might be exceptions with some one or two players in the team that you may risk paying the amount [but not across board].”
Sone football fan especially, the porcupine warriors where left with surprise following the club announcement on Monday night that they have accepted to open negotiations over the potential sale of star players Songnè Yacouba and Emmanuel Gyamfi to Zambia’s ZESCO United.A team that performed poorly in the 2019 CAF Cobfederation cup in Group C.
But Nana Kwame Dankwah maintained the tendency of selling big name stars can only be averted by a significant increase in the club’s revenue levels.
“Our supporters must understand that if we are to maintain such [star] players, we have a long way to go especially with their attendance to home matches. The revenue streams [relative to] expenditure incurred is not encouraging, [the accounts] do not balance,” he noted.