{"id":14817,"date":"2014-04-23T07:31:40","date_gmt":"2014-04-23T07:31:40","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=14817"},"modified":"2014-04-23T07:31:40","modified_gmt":"2014-04-23T07:31:40","slug":"k-k-sarpong-demands-monies-owed-him-by-kotoko","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/04\/k-k-sarpong-demands-monies-owed-him-by-kotoko\/","title":{"rendered":"K.K Sarpong demands monies owed him by Kotoko"},"content":{"rendered":"<p>The league leaders Asante Kotoko is in trouble as Dr. K.K Sarpong, ex boss of the club demands monies owed him.<\/p>\n<p>The lawyers of Dr. K.K Sarpong, former Asante Kotoko Executive Chairman have written to the Porcupine Warriors demanding GHC 590,000 owed him during his tenure of office and the club is given a one month ultimatum to deal with the payment.<\/p>\n<p>Sources close to the former boss of Tema Oil Rifinery (TOR) has confirmed to Allsports.com.gh.<\/p>\n<p>The debt emanates from the seed money contributed by then Directors of the club to embark on transfers in 2010.<br \/>\nFive Directors under the then K.K Sarpong\u2019s led board contributed a total of GHC 685,557 as a loan to the club, which they agreed to collect 15% interest per annum on the total amount.<\/p>\n<p>Dr. Sarpong paid GHC 536,247, which represents 78.5% of the total contribution made by the five directors of the club. Alhaji Lamini,Madam Agnes Osei, the late Jerry Asare and the late E.A Owusu Ansah were the other contributors.<\/p>\n<p>He submitted this in his handing over note and forensic auditing by the club has certified it, hence influencing his decision to demand for the amount through his lawyers.<\/p>\n<p>The former Executive Chairman of Kotoko was appointed into office in 2010 and resigned in 2013 after his three-year mandate ended. His tenure stewardship recorded two consecutive league titles and two unsuccessful FA Cup finals.<\/p>\n<p>Source: AllSports.com.gh<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The league leaders Asante Kotoko is in trouble as Dr. K.K Sarpong, ex boss of the club demands monies owed him. The lawyers of Dr. K.K Sarpong, former Asante Kotoko Executive Chairman have written to the Porcupine Warriors demanding GHC 590,000 owed him during his tenure of office and the club is given a one [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":14820,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[29,3],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>K.K Sarpong demands monies owed him by Kotoko - Citi 97.3 FM - Relevant Radio. 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