Bogus: Kotoko rubbish reports on failure to submit financial report

Kotoko's management has rubbished media reports that, the club has not submitted its financial report to the Ghana Football Association (GFA) as required.

In a press statement signed by Communications Manager, Kwaku Ahenkorah, management described the reports as bogus.

While sections of the media have been reporting that, Kotoko have not submitted its audited account to the GFA, others say the submitted accounts were fraught with errors. According to the press statement, the two reports are bogus and should be treated with contempt.

'Our annual audited account has always been forwarded to the appropriate offices of the GFA and its timing and authenticity have never been questioned by the appropriate bodies' said the press statement.

'We therefore entreat the football fraternity and our numerous fans to reject and treat the reports with the contempt' the statement added.

The submission of the audited report of the two seasons' prior to the start of a new Season is mandatory and any club that goes contrary to it must be sanctioned including champions being striped of their title.

The Ghana FA has never applied this clause to punish any of the Premier League clubs.

Source: Asantekotokofc.com