• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Sports Football/Soccer 202004

Ghana FA Is 'Broke' Amid Stand-off With Clubs Over FIFA's $500,000 Financial Support

30-Apr-2020
/ Football/Soccer, Sports
Email
Print
Comments 0
GFA President, Kurt Okraku
(0)
Comments
Share on Facebook Share on Twitter
 

The Ghana Football Association is completly broke with the outfit struggling to pay salary of staff, it has emerged.

The association is on its knees with huge financial burden crippling the new Executive council.

This was revealed during a Zoom Cloud Meeting with owners of Division One  League Zone 1 on Wednesday.

The Kurt Okraku administration inherited a depleted account from the Normalisation committee, putting the finances of the FA in a massive distress.

FA president Kurt Okraku has been holding a high-powered meeting with football club owners in the country amid the coronavirus crisis which has wrecked havoc globally.

The association has been in a disbursement stand-off with clubs over a $500,000 stimulus package from world governing body, FIFA to the Ghana Football Association.

While the FA want to use the cash operational cost, some clubs want the money to be shared for its members - a situation which has sparked tension between the two parties.

But it has now emerged that the Ghana FA is broke as it struggles to pay salary of its staff.

The Normalisation Committee has been unable to account for over 5 million Ghana cedis since being replaced by the substantive body, it has emerged.

Football in Ghana has remained suspended since March 16, 2020, with clubs struggling to pay staff and players due to the outbreak of the virus.

The situation has forced the clubs to call on the FA to come to their aid with financial support.

However, the FA for the past month has been trying to get a stimulus package from the Covid-19 Trust Fund set up by government.

Source: Ghanasoccernet.com

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Asante Kotoko Clears Esperance Debt

Next Post

Melissa Satta Regrets Revealing Bedroom Antics With Kevin-Prince Boateng

 
 

More Stories

PSG In Desperate Last-ditch Attempt to Keep Lionel Messi & Will Give Him Whatever Money He Wants
Barcelona Are In Talks To Re-sign Lionel Messi From PSG
TotalEnergies Africa Cup of Nations 2023 Cote d’Ivoire Kick-off and Final Dates Confirmed
Cristiano Ronaldo Takes £8.8M Bugatti Centodieci Out for Dinner With Georgina Rodriguez
Al-Hilal Offer to Pay Lionel Messi More Than Cristiano Ronaldo
'I Went to My Car and Cried!' - Evra Admits He Was In Pain for Three Days After World Cup Defeat
PSG 'Are Considering Not Renewing Lionel Messi's Huge £740,000-a-week Contract'
Footballer Mo Salah Shares Beautiful PHOTO Of Wife And Children
Cristiano Ronaldo Asked to Replace Harry Maguire as Man Utd Captain
Next Post

Melissa Satta Regrets Revealing Bedroom Antics With Kevin-Prince Boateng

  Ghana Sports News

  • General Sports
  • Football/Soccer
  • Swimming
  • Boxing
  • Athletics
  • Hockey
  • Golf


 
 

Other Football/Soccer Stories

  • PSG In Desperate Last-ditch Attempt to Keep Lionel Messi & Will Give Him Whatever Money He Wants

  • Barcelona Are In Talks To Re-sign Lionel Messi From PSG

  • TotalEnergies Africa Cup of Nations 2023 Cote d’Ivoire Kick-off and Final Dates Confirmed

  • Cristiano Ronaldo Takes £8.8M Bugatti Centodieci Out for Dinner With Georgina Rodriguez

  • Al-Hilal Offer to Pay Lionel Messi More Than Cristiano Ronaldo

  • 'I Went to My Car and Cried!' - Evra Admits He Was In Pain for Three Days After World Cup Defeat

  • PSG 'Are Considering Not Renewing Lionel Messi's Huge £740,000-a-week Contract'

  • Footballer Mo Salah Shares Beautiful PHOTO Of Wife And Children

  • Cristiano Ronaldo Asked to Replace Harry Maguire as Man Utd Captain

  • Richarlison & Cristian Romero Threatened to Leave Tottenham If Antonio Conte Remained In Charge

 

 
 

Popular Videos

Kokrokoo Live On Peace 104.3 FM (29/3/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (30/3/2023)

Peace Power Sports (29/3/2023)

I Thought You've Gone On Retirement - Nii Lante Vanderpuye Tells Sefa Kayi

Kokrokoo Discussion Segment On Peace 104.3 FM (31/3/2023)

Kokrokoo Live On Peace 104.3 FM (30/3/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media