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Legacy Debts: 10 persons/companies that are owed by the GFA

The Ghana Football Association (GFA) finds itself owing some persons and companies, with the Association’s total debt currently in excess of GHc11 million.

Legacy Debts: 10 persons/companies that are owed by the GFA

The details of the debts were contained in a document titled “GFA Legacy Debts”, which was presented to club administrators during a recent Executive Council meeting.

Divided into cedis and dollar components, the legacy debt in the dollar currency is at $470,700.00 while that of Cedis is GHS 10,079,440.00.

The Kurt Okraku-led GFA is said to have inherited a chunk of the debts from the erstwhile Kwesi Nyantakyi administration.

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Pulse Sports brings you a list of 10 persons or companies that are currently owed by the GFA:

1.Kwesi Appiah (Former Black Stars coach) – $180,000

2. Kizito Beyuo (Arbitrator of the GFA and GLO impasse) - $35,000

3. Henqook (sold a TV to the FA) – GHc6,500

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4. Richfield Car Rentals (Services during Aduana Stars CAF match) – $2,700

5. Kenpong Travel and Tours – GHc26,000

6. Travel Matters LTD – $293,000

7. Clearfreight Shopping Agencies Ltd – GHc152,130.50.

8. Match Commissioners - GHc306,510

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9. Referees - GHc1,400,000.

10. Thaddeus Sory (Legal fees for the arbitration of GLO saga) – $40,000

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