Asante Kotoko Call Off Signing On Fee For Players

The new Asante Kotoko management have cancelled signing on fee for players.

Chief Executive Officer of the club, Nana Yaw Amponsah in an interview with Opemsou FM disclosed that a new contract structure has been introduced in the club which will let go anything like inducement fee.

"My administration has introduced new contract structure at Kotoko that allows the club not to pay signing-on-fee," he said.

The previous contract was really not helping the club and that has necessitated for changes.

“Our new recruits will not receive any inducement fee but what they deserve will be spread throughout the year as monthly salary.”

He reckoned that the old contract structure was not beneficial to the club and does not allow the players to even give out their best after taking home that huge amount.

“You won’t believe it the kind of debt that emanates from this signing-on-fee system every season.

“Another demerit of the payment of inducement fee is that, it does not cushion the players to give out their best because once they take those huge monies and are sacked they will still go to different club for the same signing on fee which is simply not helpful,” he concluded.