Reports say Hearts of Oak's board has rejected two sponsorship deals worth US$ 69,000 from Latex Foam and Everpure.
Latex Foam, a foam producing company, offered a US$ 49,000 for two years but that was deemed meager by the Confederation Cup campaigners.
The company also wanted to provide products to the playing and technical body.
Everpure's offer was also a two-year deal worth US$ 20,000 and products but that was said to be insufficient.
According to ghanafootballnews.com, a staunch follower of the club brokered the deals.
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