Kotoko Executive Chairman Dr. Kwame Kyei is line to pay $240,000 to Tunisian Club Esperance in order to avoid a wrath from FIFA.
The World Football governing body cautioned Kotoko for breaching an agreement with the Tunisian side over the transfer of former player Emmanuel Clottey.
Esperance had reported the Ghanaian giants to FIFA after the latter failed to pay the Transfer fee of the player who was eventually deemed to be excess to weight at Kotoko.
Kotoko has since remained reluctant in settling the transfer money of the player.
FIFA upon receiving a complaint from the Tunisian Champions sent notice to Kotoko and further gave the Ghanaian side an ultimatum to settle the money or face demotion from Ghana’s elite division.
With time already running out for the Ghana Premier League record holders, reports indicate Club bankroller Dr. Kwame Kyei has agreed to pay the said amount in other for the Club to avoid FIFA’s punishment.
Fans of the Club were initially said to have made plans to contribute to raise the money.
The Ghana Football Association were also reported to have intentions to support the Ghanaian powerhouse in paying the fine.
But the Club’s CEO have made effort to clear the debt incurred by the Club before the deadline.