Togbe Afede XIV, the Board Chairman of Hearts of Oak, reveals the financial commitment made to the construction of the club’s new secretariat during the 6th Annual General Meeting held in Accra.
Afede announces that the project, which involves the development of a modern headquarters building to replace the old “Phobia House,” is nearing completion, with 95% of the construction already finished.
Providing further details, he discloses that approximately GH₵9 million has been invested in the project thus far. Additionally, Afede mentions that part of the new structure will be leased out to generate additional revenue for the club.
“The club’s old secretariat known as “Phobia House ” was pulled down in May 2022 to make way for a modern headquarters building. This structure is also about 95% complete as at the time of this report, with about GH 9 million invested so far. Part of this ultra-modern edifice will be leased out to help generate revenue” – Executive Board Chairman, Togbe Afede XIV.
