0
0 Chief Executive Officer of New Edubiase United, Alex Ackumey, has disclosed that $24,000 of the $70,000 transfer fee owed by Accra Hearts of Oak is allocated to the colts club from which they signed midfielder Salim Adams.
The Ghana Football Association (GFA) has placed a transfer ban on Hearts of Oak after the club failed to meet the final deadline of May 31, 2025, to pay the full amount owed to New Edubiase. The ban is being enforced under Article 15(1)(c) of the GFA Disciplinary Code.
Speaking to Max FM, Ackumey explained the financial breakdown of the dispute.
“We need to pay the colts club that we bought the player from. They are taking $24,000 out of the $70,000. We as a club must go and settle that debt,” he said.
He also noted that although Hearts made attempts to resolve the matter, those efforts were deemed unsatisfactory.
Due to the transfer ban, Hearts are banned from registering new players both locally and internationally until the debt is fully paid. Continued non-compliance could result in stiffer penalties, including points deduction or even relegation, as outlined in the GFA’s disciplinary regulations.
