Ghanaian champions Asante Kotoko have renewed their sponsorship agreement with telecommunication giants MTN.
The initial three-year sponsorship agreement between the two parties expired in June.
Kotoko�s new board after talks with MTN have decided to renew the agreement.
Financial details and duration of the renewal is however yet to be announced by the club.
�During Dr. K.K Sarpong�s time, they secured several sponsorship deals including one from MTN,� Kotoko board member Frank Appia-Agyei told Metro FM.
�This agreement however expired at the time the former board was exiting office.
�We have however renewed the contract with MTN, we have signed on and they have also signed.
�We will get the confirmed agreement by this [Tuesday] evening for us to begin disbursement of the funds available to us.
�The sponsorship amount is used to pay wages and salaries of players with the rest going into administrative cost.�
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