A recently surfaced report on the financial investments made by Asante Kotoko’s Board of Directors since 2020 has been garnering attention from fans.
Following the end of their three-year term, the club’s patron, Otumfuo Osei Tutu II, made the decision to dissolve the Kotoko board and not renew the contract of the club’s CEO, Nana Yaw Amponsah.
Contrary to speculations that the Kotoko Board had not invested significantly in the club, the recent report from Oyerepa FM tells a different story.
During their tenure, the past Kotoko board reportedly invested close to five million cedis into the club.
Individual contributions were made by various board members, with notable investments from Kwasi Osei Ofori, who contributed ¢1.490 million cedis, and James Osei Brown, who invested GH¢860,000 cedis.
The board chairman, Dr. Kwame Kyei, also played a significant role with an investment of ¢599,000, while Kwadwo Boateng Gyamfi committed GH¢697,000 cedis to the club.
Ghanaian Oil and Gas entrepreneur, Kofi Abban, went beyond monetary support and donated two cars to the club, in addition to an investment of ¢219,000.
Other board members, including Alhaji Lamin from Accra with GH¢50,000, Jude Arthur with GH¢150,000, and Martin Osei Brobbey with GH¢250,000, also contributed to the club’s financial well-being.
