Kotoko to pay Esperance their $240, 000 and collect their $150, 000

The Executive Chairman of Kumasi Asante Kotoko, Dr Kwame Kyei has agreed to pay the $240, 000 the club has been ordered to pay Esperance Sportive de Tunis by FIFA.

According to the report, the Chairman agreed to pay the money after meeting with the management.

However, Kotoko will collect the $150, 000 transfer fee of Kwame Bonsu which they wrote to Esperance and told them to use it as part payment of the money they owe them which was $180, 000.

Read Also:

Kotoko to be relegated by May 10 if they fail to pay Esperance of Tunisia $240,000

Kotoko to be banned from signing players if they fail to pay Esperance

FIFA gives Kotoko one month ultimatum to settle Clottey’s transfer fee to Esperance

Kotoko to use Kwame Bonsu’s transfer fee to pay part of the money they owe Esperance

Yussif Chibsah opens up on Kwame Bonsu’s transfer from Asante Kotoko to Esperance

Our finance department prevented us from paying Kwame Bonsu’s fee to Kotoko – Esperance Vice President

FIFA orders Kotoko to be relegated next month if they fail to pay Esperance $180k debt

FIFA orders Esperance to pay Kwame Bonsu’s transfer fee

This means that Kotoko would also ask Esperance to pay the 15% transfer fee of Bonsu should they sell him to any club.

-The Post