The General Manager of Kumasi Asante Kotoko SC, Nana Akwasi Gyambibi Coker, has stated the players have accepted a 40% pay cut due to the Coronavirus outbreak.
In an interview with Kumasi Fm, Nana Coker explained the COVID-19 is negatively affecting the finances of the Kumasi-based club.
He noted that because football activities in the country have been halted over the pandemic, the club is unable to raise more revenue to embark on its activities.
He indicated that the decision is to help sustain the club as football activities in the country has been brought to a halt.
He said : “It’s something we initially discussed at management level. We considered our situation and our financial strength in containing our expenses and measures to help sustain the club during the suspension of the league due to Covid-19 and we considered pay-cut as one of the measures”.
He added “we called the coach [Maxwell Konadu] and tasked him to engage the players on our behalf and he has reported back to us that they have listened to our request and have accepted the 40% pay cut and this will be effected soon.
Source: Caleb Asamoah Augustine/Laudbusiness.com/Ghana