Ghana Football Association president Kwasi Nyantakyi, has given the assurance that his outfit will account for “every penny” accrued from Ghana's participation in the World Cup.
The Federation of International Football Association (FIFA) gave Ghana an amount of $14 million being prize money for Ghana’s progression into the quarter final stage of the competition.
The country was guaranteed an automatic $8 million for qualifying for the World Cup, an extra $1 million for qualifying into the round of sixteen and $5 million for progressing into the quarter finals stage of the competition, bringing the total amount to $14 million.
Concerns have been raised about how that money will be disbursed once it is made available to the FA.
At its first post World Cup press briefing on Friday, the GFA president Kwesi Nyantakyi allayed fears of misappropriation saying the FA will account for every dollar once the money is paid in August.
He said the FA, together with the Sports Ministry was yet to iron out how the money should be disbursed.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Center for Learning and Childhood Development Director Dr Kwame Sakyi honoured at Ghana Philanthropy Awards
5 hours -
Asantehene receives 28 looted artefacts
6 hours -
CAF WCL 2024: Ghana’s Thelma Baffour wins title with TP Mazembe
7 hours -
Benjamin Boakye slams politicisation of energy sector issues and ECG’s inefficiencies
7 hours -
Erastus Asare Donkor and Dr Neta Parsram win big at 10th Mining Industry Awards
7 hours -
Government is “suppressing information” about power sector challenges – IES Director
7 hours -
Majority of our debts caused by forex shortfall – ECG Boss
7 hours -
Pan-African Savings and Loans supports Ghana Blind Union with boreholes
8 hours -
Bole-Bamboi MP Yussif Sulemana donates to artisans and Bole SHS
8 hours -
Top up your credit to avoid potential disruption – ECG to Nuri meter customers
8 hours -
Dutch & Co wins 2024 Entrepreneur of the Year Award
9 hours -
We’ll cut down imports and boost consumption of local rice and other products – Mahama
11 hours -
Prof Opoku-Agyemang donates to Tamale orphanage to mark her birthday
12 hours -
Don’t call re-painted old schools brand new infrastructure – Prof Opoku-Agyemang tells gov’t
13 hours -
Sunon Asogli plant will be back on stream in a few weeks – ECG
13 hours