Kumasi Asante Kotoko have made a payment of $47,000 to former coach Hans Dieter Schmidt, according to GHANAsoccernet.com.
The amount is the first of a series file://ns-ad-westpub/Reading/Sports/Kotoko%20Pay%20$47,000%20To%20Schmidt.doc of payments to be made to the 66-year-old German for his wrongful dismissal in 2005.
FIFA had ruled last month that the Kumasi-based club pay a whopping 99,000 Euros in fines to Schmidt within 30-days or risk getting relegated to Ghana's third tier competition.
It is thus believed the club and representatives of Schmidt have agreed to a payment scheme file://ns-ad-westpub/Reading/Sports/Kotoko%20Pay%20$47,000%20To%20Schmidt.doc after the 30-day ultimatum expired earlier this week.
Kotoko intends making the second tranche of payments which is at this point unspecified by today.
The Porcupine Warriors currently lead the Ghanaian top flight by fifteen points and need just a point from their next five games to secure an unprecedented 22nd league title file://ns-ad-westpub/Reading/Sports/Kotoko%20Pay%20$47,000%20To%20Schmidt.doc . file://ns-ad-westpub/Reading/Sports/Kotoko%20Pay%20$47,000%20To%20Schmidt.doc
Lay KPMG audit report on SML-GRA contract before Parliament – Isaac Adongo tells...
Supervisor remanded for stabbing businessman with broken bottle and screwdriver
NDC watching EC and NPP closely on Returning Officer recruitment — Omane Boamah
Your decision to contest for president again is pathetic – Annoh-Dompreh blasts ...
Election 2024: Security agencies ready to keep peace and secure the country — IG...
People no longer place value in public basic schools; new uniforms, painting wil...
'Comedian' Paul Adom Otchere needs help – Sulemana Braimah
Ejisu by-election: Only 33% of voters can be swayed by inducement — Global InfoA...
Minority will expose the beneficial owners of SML, recover funds paid to company...
Prof. Opoku-Agyemang has ‘decapitated’ the NPP’s strategies; don’t take them ser...
