In attempt to raise funds to meet FIFA’s ultimatum to settle an outstanding debt imposed by the world’s football governing body within 30 days, the management of Kumasi Asante Kotoko FC has activated the club’s bank accounts for numerous supporters to contribute their quota from across the world.
The football governing body’s disciplinary division has directed Kotoko to pay €99,000 in compensation to former coach Hans Dieter Schmidt for unilateraly dismissing the German on January 10, 2005.
The club has also been asked to refund Turkish Club, Gençlerbirligi S.K., with $6,500 for failing to pay a ‘Solidarity Mechanism’ to local side, B.T. International, from the $250,000 transfer of defender, Adamu Mohammed, in 2008.
B.T. International were entitled to a development fee from Adamu’s transfer, which Kotoko should have paid.
The club refused to pay because they argued they had paid $35,000 to secure the player’s transfer certificate for the Turkish club.
However, B.T. International petitioned FIFA over the matter and Gençlerbirligi were made to pay the $6,500 ‘Solidarity Mechanism’ fee.
Gençlerbirligi then reported Asante Kotoko to seek for a refund of the $6,500 because they had agreed that all other payments to parties of interest in Adamu’s transfer was catered for in the $250,000 transfer sum.