24.2 C
Ghana
Tuesday, September 29, 2020

GFA ExCo revises Division One Leagues allocations

TRENDING

‘May Asante remember you for your works’ – Otumfuo prays for Akufo-Addo

Asantehene, Otumfuo Osei Tutu II has told President Nana Addo Dankwa Akufo-Addo that the people of Asanteman are grateful...

Contempt case: Angry Judge SUMMONS Ken Agyapong’s Doctor

The Medical Doctor who issued an excuse letter for Assin Central Member of Parliament (MP) in the ongoing contempt...

PHOTOS: Bawumia, NPP Executives console Rawlings

The Vice President, Dr Mahamudu Bawumia has led a delegation from the ruling party, New Patriotic Party (NPP) to...
Stephen Owura Kissi
Journalism has been my prior job during childhood. With all things been so good for me, I am able to achieve my aim and fulfill the promise I made to my family. I am now a renowned sports journalist working with Ghana News Page.

The Executive Council of the Ghana Football Association (GFA), has revised the FIFA COVID -19 Relief fund allocations to 48 Division One League clubs and the 72 Regional Women’s Division One League clubs.

Per the earlier allocations announced by the GFA, each of the 48 Division One League clubs was entitled to Seven Thousand Five Hundred dollars (US$7,500), but the Council has now increased the amount to Eight Thousand dollars (US$8,000), following an addition of One Hundred and Forty-Four Thousand dollars (US$144,000). Thus, the sum adding on to the Two Hundred and Forty Thousand, Four Hundred dollars that was earlier announced, raising the quantum to Three Hundred and Eighty-four Thousand dollars ($384,000) for the second-tier clubs.

On the same score, the Seventy-two Women’s Division One League clubs across the country will now receive One Thousand and Five Hundred dollars ($1,500) each instead of the Eight Hundred and Twenty-one dollars (US$821) earlier announced. The quantum has therefore been adjusted from Sixty Thousand Dollars (US$60,000) to One Hundred and Nine Thousand, Five Hundred Dollars (US$109,500) as earlier communicated.

The GFA Secretariat will inform the members of the Association of the changes and communicate the decision to the world football governing body, FIFA in due course.

Furthermore, the Executive Council also took a decision to waive fifty percent (50%) of the remaining loan amount of GHc25,000 owed by each of the Premier League clubs to the GFA.

It would be recalled that the GFA loaned each Premier League club an amount of GHc50,000 before the commencement of the 2019-2020 season.

At the start of Covid-19 pandemic, the GFA waived half of the loan amounting GHc25,000 as GFA Covid-19 Relief to the Premier League clubs.

Thus, upon this second waiver, each Premier league club now owe the GFA only GH12,500 of the outstanding loan.

This loan amount will be deducted from any sponsorship amount received in relation to the Premier League.

The Association also acknowledged and thank the Professional Footballers Association of Ghana (PFAG), for the donation of their share of the funds to the Health Insurance for the players (specifically adding it to the Division One League and Women’s League players)

Clubs and stakeholders are to note that the FIFA COVID-19 Relief fund is yet to be received by the GFA, as the application process is ongoing

LEAVE A REPLY

Please enter your comment!
Please enter your name here

%d bloggers like this: