Prime News Ghana

AshantiGold CEO lauds gov't' initiative to support Ghanaian clubs in CAF inter-club competitions

By Michael Duah
AshantiGold CEO lauds gov't' initiative to support Ghanaian clubs in CAF inter-club competitions
AshantiGold CEO lauds gov't' initiative to support Ghanaian clubs in CAF inter-club competitions

Ghanaian clubs in CAF inter-club competitions are to receive annual support from the government in a statement issued by the Minister for Youth and Sports.

The Ministry of Youth and Sports released a letter on Tuesday, January 29, 2019, indicating that as part of the efforts to support Football Clubs that qualify to play in continental competitions, the Ministry of Youth and Sports on behalf of Government has decided to boost Clubs that qualify to the Group Stage of the CAF Champions League and Confederation Cup competitions. 

The latest development will see clubs that qualify to the Champions League group stages receiving an amount of Two Hundred Thousand United States Dollars (US$200,000) whereas clubs who make the group stage of the  Confederation Cup will also get an amount of One Hundred Fifty Thousand United States Dollars (US$150,000).

However, Chief Executive Officer of AshantiGold, Frederick Acheampong in an interview on Metro FM in Kumasi has commended the government's support initiative and charges the government to make it permanent.

"$200.000 and $150.000 which will be given to the clubs is very good money to take care of some of the cost in playing in Africa Competitions and the Government must be applauded for such Initiative"

"The Government must come clear on if it’s going to be sustainable or not because it’s been done in time past but was stopped along the line so the Government must take steps to make it sustainable", 

"We(AshGold)wouldn’t have pushed for Africa even if this support was earlier known", he stated.

Read also: Gov't announce monetary package for Ghanaian clubs in CAF competitions

PrimeNewsGhana understands that several corporate bodies are also planning to support the clubs as part of their social responsibilities.

Latest sports news in Ghana

Other News Healines