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Wilfred Kwaku Osei ‘Palmer’, owner and funder of the Youth Sporting Club Theme, has passionately rejected claims by Ghana FA spokesman Henry Asante Twum that sports kit manufacturing company Puma chose to cut its sponsorship deal with Ghana because of to number 12 of Anas Aremeyaw Anas expose.
Former EIB Network sports director says Puma cut 30 percent of the profits Ghana used to enjoy by signing a new deal, as the association’s main members, including Kwesi Nyantakyi, were captured on camera to participate in activities that go against the ethics of their offices. .
However, Palmer, who was a member of Kwesi Nyantakyi’s Executive Council, believes that the FA’s claim is far beyond reality.
“Anyone who blames or says that Anas’ exposure caused the Puma sponsorship reduction is not ashamed,” he told Kumasi. Nhyira FM In an interview.
“I repeat, whoever blames Anas for the reduction is shameless because that is never the case. Ghana was unable to qualify for the 2018 FIFA World Cup and in fact that was the reason behind that decision, “he added.
Commenting further, the former chairman of the Black Stars management committee disagreed with the GFA led by Kurt Okraku over the recently announced legacy debt and argued that if the association is bankrupt, the top hierarchy should request liquidation.
“First of all, there is nothing like inherited debt in accounting. If Ghana FA says they are bankrupt, then they should tell the general registrar department that they are ready to request what we call liquidation so that the general registrar department appoints a liquidator to sell GFA’s assets to pay off other debts. way they should keep dumb, “he said.
“The 2019 financial statement is very clear that GFA had current assets of ¢ 800,000 as a short-term investment. GFA has gross cash of ¢ 3.3 million as of June 2019. GFA’s short-term liabilities were ¢ 4,105 million. So, total cash of ¢ 15.8m. GFA had a debt of ¢ 4.1 million, how can you say that you are bankrupt?
“If you look at the financial status of the Ghanaian FA, there is no way anyone can say that the GFA is bankrupt. You can only say that you are bankrupt when you cannot pay your daily expenses, “he added.
Our team is putting that together, the president of the Ghana Football Association, Kurt Okraku, will address the media on issues related to renewing the nation’s football governing body contract with Puma in the coming days.
Source: www.Ghgossip.com
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