BOATENG GYAN TAKES ON GFA TO FIND MEANS TO PRE-FINANCE TOURNAMENT

Black Stars management committee member, Yaw Boateng Gyan expects the Ghana FA to consider opening talks with banks that can help in pre-financing the campaigns of national team’s in international tournaments. Though the Ghana FA has a business relationship with the Unibank and First Capital Plus Bank, the Ghana government had to go for a loan of 4.1 million dollars to facilitate the FA’s payment of the Black Stars player and management team appearance fees at the Brazil 2014 tournament. The Ghana FA had to rely on the remaining 3.1 million dollars earned from the 2014 World Cup to pre-finance the Black Stars 2015 Africa Cup of Nations campaign due to the late release of funds from government. Yaw Boateng Gyan expects the GFA to start a business relationship with banks that can pre-finance their national team campaigns

 " The F A should be capable of contacting a bank in a Ghana to raise their own money to pre-finance some of the tournament so that when they are given  the money you go back to the back to pay off your debt with interest. But the issue is that they pamper them, in a sense that Government pre-finance, they come back to pay the money without interest. so if people say it is tax payers money i totally i agree with them because if government pre-finances and they come back they should be able to pay with some percentage of interest"