Palmer slams ‘shameful’ Ghana FA for blaming reduction of Puma deal on Anas Exposè

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The football administrator believes it is a propaganda by the new Ghana FA spokesperson to hide the truth from Ghanaians

Tema Youth bankroller Wilfred Kwaku Osei ‘Palmer’ has vehemently denied suggestions by Ghana FA spokesperson Henry Asante Twum that sports kits manufacturing company Puma opted to reduce the sponsorship benefits they have with Ghana because of Anas Aremeyaw Anas’ Number 12 exposè which took place in 2018.

According to Twum, Puma slashed 30 per cent of the benefits Ghana used to receive when signing a new deal since top members of the association including Kwesi Nyantakyi were caught on camera indulging in activities that were against the ethics of their offices.

However, Palmer, who was an executive council member of the erstwhile administration,  believes that is not the reality on ground.

“Anyone who blames or say the Anas exposé caused the Puma sponsorship reduction has no shame,” Palmer told Nhyira FM.

“I repeat, whoever that blames Anas expose for the reduction is shameless because that is never the case. Ghana failed to qualify to the 2018 Fifa World Cup and as a matter of fact, that was the rationale behind that decision,” he added.

Palmer also disagreed with Ghana FA on the legacy debt announced few days ago and insisted that if the association is broke, the top hierarchy must file for liquidation.
“First of all, there is nothing like Legacy debt in accounting. If Ghana FA says they are broke, then they should give registrar general department indication that they’re ready to file for what we called liquidation so that the registrar general department will appoint a liquidator to sell GFA assets to pay the debts else they should keep mute,” he said.

“The 2019 financial statement is very clear that GFA had current assets of ¢800,000 as a short-term investment. GFA has raw cash of ¢3.3m as of June 2019. GFA liabilities as a short term was ¢4.105m. So total cash of ¢15.8m. GFA had a debt of ¢4.1m how can you say you are broke.”

“If you look at the financial statement of the Ghana FA , there is no way anybody can say the GFA is broke. You can only say you are broke when you can’t afford for your day to day expenditure,” he added.

According to reports in the local media, Ghana FA president Kurt Okraku will likely brief Ghanaians on the new development soon between the association and Puma.

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