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.
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.
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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.
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
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
9. Referees - GHc1,400,000.
10. Thaddeus Sory (Legal fees for the arbitration of GLO saga) – $40,000
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