Kotoko finally settles debt owed to coach Hans Dieter Schmidt

Kotoko finally settles debt owed to coach Hans Dieter Schmidt

Defending Ghana league champions Asante Kotoko are heaving a big sigh of relief after fully settling a debt of 99,000 euros owed their former coach Hans Dieter Schmidt.

This was confirmed exclusively to Joy Sports on Saturday’s Joy Sports Link by Board member of Asante Kotoko Jerry Asare. Kotoko was ordered by FIFA to pay a whooping amount of 99,000 Euros to the German after the world governing football body ruled Schmidt’s dismissal from Kotoko in 2005 as illegal.

According to Jerry Asare the club settled the debt and have laid measures in place to prevent future occurrences of a similar case.

“That balance there now raise zero, which means that we have been able to clear all the debt we owed the coach”. He told JOY Sports

“I believe strongly that, with the proper measures being laid in place under the leadership of Dr. KK Sarpong such problems will not arise anymore”.

Kotoko will now concentrate on raising 800,000 US dollars for their CAF Champion’s League campaign which begins soon. Asante Kotoko remains the most successful club in the Ghana Premier League having won it 21 times, one more than Ghana’s oldest club Hearts of Oak, their arch rivals