Asante Kotoko have officially written to the Ghana FA to use their share of the league�s sponsorship money to pay part of the debt owed former coach Hans Dieter Schmidt.
The Ghana Premier League leaders have been handed a 30-day ultimatum by FIFA to pay the German trainer 99,000 Euros-who was wrongfully dismissed seven years ago-his compensation or relegated to the third-tier league.
Kotoko are entitled to US$ 52,000 from the Ghana Premier League sponsorship deal.
The club have also set up a 10-man committee to find means of raising money to pay the money.
�These are difficult times and if we try sitting down to look unconcerned and wait till we solicit funds,� Kotoko Administrative Manager Ben Nti said in an interview with Fox FM.
�Even though this money was originally meant to pay outstanding salaries and enticement fees, we have no other option to allow the FA pay the coach with this money in a way to tell him we are putting ourselves together to settle what will be left.
�We are doing this because our fear is that we may be punished if we don�t get the money by the time we are given.�
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