Asante Kotoo bagged a record gate proceeds against Hearts

By Ameenu Shardow
Asante Kotoko have expressed their profound disgust at the huge ‘unreasonable’ deductions from their record proceeds in Sunday’s game against Hearts of Oak.

The Kumasi-based club were looking to cash-in on the over 260,000 Ghana Cedis proceeds recorded from the 38,000 ticket sales in the big Ghanaian derby which they won in a grand stand finish.

However after several administrative and logistical deductions, Kotoko were handed the remaining kitty of 120,000 Ghana Cedis and the club says this is completely unacceptable.

“Deductions of about 49% rate on our gate proceeds from all games is so inimical to the development of the club and therefore the game in general,” the club’s Public and Supporters Relations manager Listowell Bukarson told GHANAsoccernet.com.

“Out of the gross of a little over 260, 000 the club bagged about 120,000 with the rest going to these deductions.

“For instance VAT from our proceeds from Sunday’s game was 31, 717. What is the contribution of VAT to the game?

“All stakeholder’s including the Ministry of Sports, the Ghana FA, GHALCA and the media should take note of this development and find ways of addressing it because it holds the potential of crippling our clubs financially.”

GHANAsoccetnet.com will soon be publishing the full function statement to which the deductions were made

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