The management of Tema Youth says reports of a takeover of the club but admits they are in search of a strategic investor to help turn around their financial woes.
Reports were rife that the Tema-based side had been put on sale due to financial difficulties.
Club owner Emmanuel Kyeremeh is thought to be bankrolling another Premier League side Bechem Chelsea and the financial burden on both clubs is reported to have weighed on him.
But despite the unstable financial standings they have vowed to create a lasting dynasty hence their quest to seek support from an outside source.
"An outright purchase of the club is out of the question but we are looking for a strategic investor to help us ease our financial difficulties,'' Chief Executive Officer Winfred Osei said.
"Taking care of two clubs is not easy and I must admit it has taken a huge toll on us and that is why we think we need to expand our tentacle and get more corporate sponsors and investors on Board.
"Tema Youth has good structures and we need corporate support to help us maintain the dream."
Tema Youth is currently placed 10th on the league table.
Credit: ghanasoccernet.com
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
-
Government could seek more IMF funding, incoming finance minister Ato Forson says
16 minutes -
Man told he can’t recover £598m of Bitcoin from tip
32 minutes -
Gun-wearing leader sparks concern at Mahama’s inauguration
43 minutes -
Boeing and Google give $1m each to Trump’s inauguration
56 minutes -
TikTok to make final plea at Supreme Court against US ban
1 hour -
Supreme Court rejects Trump bid to halt hush-money case sentencing
1 hour -
Man with crocodile skull in luggage arrested at Delhi airport
1 hour -
Mozambique tense as opposition leader returns from exile
2 hours -
‘Trump 2.0’ looms large over the global economy
5 hours -
Ivory Coast president signals he would like to run for fourth term
5 hours -
Case of second preacher arrested over damaged vehicles at Parliament adjourned
6 hours -
Washing bay attendant fined for impersonating military officer, possessing gear
6 hours -
Loading boy arraigned over alleged theft of driving mirror
6 hours -
Disregard Young Apostles’ statement dissociating themselves from me – Anim Addo
6 hours -
Businessman in court for allegedly defrauding 18 rent seekers of GH¢100K
6 hours