26.2 C
Accra
Saturday, July 19, 2025
HomeGhanaHearts invites New Edubiase to resolve $70k debt

Hearts invites New Edubiase to resolve $70k debt

Date:

The Executive Supervisory Director of Accra Hearts of Oak, Akwasi Agyeman, has called for a meeting with the executive board of New Edubiase United to resolve issues ensuing between both clubs.

News broke of the Ghana Football Association (GFA)’s transfer ban on Hearts of Oak over their debt to the Access Bank Division One League club New Edubiase United on Sunday, June 22, 2025.

Hearts owe a whopping amount of $70,000 to the Division One side after having agreed to a $120,000 deal for the transfer of midfielder Salim Adams to the Accra-based club.

The Phobians paid $50,000 of $120,000 but failed to honour the payment terms of the balance, defaulting over the period, which forced New Edubiase to report them to the Disciplinary Committee of the GFA.

According to Alex Ackumey, Chief Executive Officer of New Edubiase, following the GFA’s decision to ban the defaulting club, Hearts of Oak, under its disciplinary regulations, Akwasi Agyemang reached out for a meeting on Monday, June 23, 2025, to find a resolution to the issue.

Mr Ackumey also disclosed on Max FM’s Sports Pack show that Hearts failed to commit to their gentleman’s agreement to pay just $20,000 within two days, as New Edubiase wrote off $50,000 of the $70,000 as bad debt.

Hearts will have no choice but to pay the amount owed if they intend to achieve success in the coming seasons, especially with the appointment of top coach Mas-Ud Didi Dramani as their gaffer.

Disclaimer: The views, opinions, comments, and statements expressed by readers and contributors on this platform are solely their own and do not necessarily reflect those of Imax Media Group or its affiliates.

Send your news stories to editor@max.com.gh and via WhatsApp on +233 506-367-196
Join our WhatsApp channel for the latest news and updates.

- Sponsored -spot_img

Stay Connected

562,687FansLike
2,463FollowersFollow
583,200FollowersFollow
51,019FollowersFollow
95,943SubscribersSubscribe

Latest stories

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related Stories

#2024WAFCON: Algeria vs Ghana Quarterfinal Clash Today

The stage is set for a fierce showdown as...

2026 WC: FIFA May Move Games from USA to Canada

The global football governing body, FIFA, is reportedly weighing the...

Beating Usyk Will Cement My Place Among Boxing Great- Dubois

Daniel Dubois believes winning his rematch with Oleksandr Usyk...

Democracy Cup 2025 Launches Thursday at Parliament House

The second edition of the Democracy Cup is set...

#WAFCON2024: Ghana vs Algeria- Veterans Face Debutants in Crucial Clash

The Black Queens of Ghana return to the knockout...

Kotoko SC Announces New Appointments

Asante Kotoko Sporting Club is pleased to announce the...

NPP Holds Delegates Conference Today

The New Patriotic Party (NPP) is set to host...

Google Down: Gmail, Drive & Workspace Hit by Major Outage

Gmail, Google Drive and Workspace users are reporting problems...

Diana Hamilton Sings Gratitude to God With New Single

In an immense show of gratitude to God for...

Why it’s time to allow alcoholic brand investment in GPL

The Ghana Football Association (GFA) in recent times has...