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20.04.2006 Business & Finance

GHALCA issue Ashgold 7 day ultimatum

By myjoyonline

The Ghana League Clubs Association has warned Ashanti Gold to pay the balance of 43m cedis paid as facility user fee for the use of the Len Clay stadium or face legal action.

GHALCA issued a seven day ultimatum to Ashanti gold to refund the balance of monies paid to them at the start of the Top 4 competition.

The ultimatum which covers seven working days expires on Tuesday April 25.

The row between the two parties ensued after the first round of matches in the Top Four.

GHALCA decided to move the venue for the second round matches to the Sunyani Coronation Park, claiming that they were making losses by playing at the Len Clay stadium in Obuasi.

The club's umbrella body says due to the distance between Obuasi and Kumasi they have not been able to fill the stands with fans as they had expected.