The Ghanaian club finished rock bottom of the Ghana Premier League in the 2016/2017 season and that was attributed to the facing some difficulties during the season.

The CEO of the club confirmed the sale of the club as he did tell Radio XYZ that club needed to sell the club due to financial constraints.

"Yes we have sold the club. Youknowtheproblemsweface in thispart of theregion. The problem that we faced when we qualify to the premier division is still persisting here so we thought it is financially wise to release the club to somebody so that we wouldn’t have to suffer for the rest of the season."

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Bolga All Stars were relegated with 12 points and Mr Basit said the current state of the club was so bad that it could have led them going to lower into the third tier of Ghana football

"I am sure you know that would have resulted in another relegation from division one to division 2”

Bolga All Stars made history by being the first club hailing from the Upper East Region to qualify for the Ghana Premier League.