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The Executive Chairman of Asante Kotoko Dr. Kwame Kyei has paid the debt owed Tunisian giant Esperance de Tunis and FIFA over the wrongful signing of striker Emmanuel Clottey in 2015.
A $240,000 fine was slapped on Asante Kotoko by FIFA, comprising $180,000 for the player’s transfer, $45,000 representing accrued interest and $15,000 for the failure to respect a FIFA decision.
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Dr. Kwame Kyei has paid $30,000 to Esperance de Tunis after reaching an agreement with them to write off the $45,000 accrued interest on the total figure.
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According to the Spokesperson of the Ghana Premier League giant, Kennedy Boakye Ansah both clubs have written to FIFA to officially inform it of the settlement.
“FIFA gave us [Asante Kotoko] up to May 17, 2020, to settle the debt or face a transfer ban on the national and international fronts.
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“Dr. Kwame Kyei has paid the amounts due Esperance and FIFA in the Emmanuel Clottey issue.
“Thirty thousand ($30,000) US Dollars go to Esperance as an addition to the $150,000 owed Kotoko for the transfer of Kwame Bonsu.
“The Executive Chairman also paid $15, 000 to FIFA. We are grateful to Dr. Kyei and also to Ashford Tetteh Oku of Close Marking Consult for the smooth closure of this case”, Boakye Ansah told Kotoko Express.