Medeama Sporting Club owner, Moses Armah is not bankrupt according to the club spokesperson.
Medeama had pulled out from the G-6 tournament for top 5 clubs in last season’s league log plus the FA Cup winner which was to serve as a prelude preparation before the league proper commenced in December, fueling speculation the owner was broke and had gone bankrupt.
But spokesperson, Patrick Akoto debunked the rumours explaining “Mr Armah has a repertoire of companies. If he’s decided not to continue with his football interest, he has other businesses thriving.â€
News filtered in recently that the Tarkwa based club’s bank roller had put the club he founded in 2002 for sale to focus attention on other holdings.