Ashanti Gold To Be Handed To New Management

The President of Ashanti Gold, Dr. Kwaku Frimpong, has announced ongoing negotiations with AngloGold and a potential Member of Parliament (MP) concerning the handover of control of the Obuasi-based football club.

Notably, Champion, as he is widely known, is currently serving a 10-year suspension from all football-related activities due to his alleged involvement in betting and match-fixing.

This ban arose following suspicions surrounding a high-scoring match between Ashanti Gold and Inter Allies during the 2020/21 league season, resulting in the relegation of both teams to Division Two for match manipulation.

In their bid to regain their football standing, Ashanti Gold has maintained constant dialogue with the Ghana Football Association (GFA), seeking support to restore their position, as articulated in a recent statement.

In a recent interview with Asempa FM, Dr. Kwaku Frimpong unveiled intentions to transfer ownership of the club to a prospective MP from Obuasi. Discussions are presently underway with AngloGold regarding the transition.

“AngloGold Ashanti has agreed to transfer leadership of the team to a candidate running for the Obuasi parliamentary seat. We arrived happy, but some people have different ideas, so I will give it to them. However, we are still in negotiations, which may involve a financial reimbursement. I will thus turn over the team to them once everything is finished,” stated Dr. Frimpong.

Champion urged supporters to remain composed and support the team’s new management following the imminent transition, emphasising Ashanti Gold’s significance and the desire to restore the club to its former glory.

“With Ashgold, a large club, we don’t play around. Examining the league following Ashgold’s departure reveals that its value has decreased. We are now hoping that the team can return to its rightful place. The fans should remain composed; once everything has been settled, the team will experience its heyday again,” he added.

Should Ashanti Gold be reinstated, they may restart in Division Two as a consequence of the Inter Allies match-fixing scandal, marking a new chapter in the club’s journey.

These changes show the club is determined to overcome challenges and get back its place in football. It also shows how sports and politics are connected in the local area.