Crisis Looming In Hearts?

Leading Hearts of Oak fan, Abdul Aziz Haruna Futah, is ready to lead a movement which will see supporters of the club pay off current owner and board chairman Togbe Afede XIV, reports ghanasoccernet.com.

In 2011, Hearts floated shares and it was Togbe Afede XIV’s company, Strategic African Securities (SAS) Group which met the minimum threshold required for a successful floatation

The resources invested, qualified Hearts for listing on the Ghana Stock Exchange.

But Futah argues that the traditional ruler is running down the club, and wants to mobilise funds from fans in order to pay him off.

“Our club Accra Hearts of Oak keep on coming down, nothing is happening and there is a huge gap between the fans and the board, so I am going to launch and campaign to all Hearts fans, lets reclaim our club,” Aziz told Joy FM.

“This is not about fighting anybody but we are going to raise funds to payoff whoever is the largest shareholder and take our club back.

“We don’t want anybody to own this club again, we the supporters want to own our club Accra Hearts of Oak.”

Meanwhile, an Accra Hearts of Oak board member in charge of sponsorship, Apiigi Afenu has fallen out with the board chairman, Togbe, over alleged financial mismanagement, reports Joysports.

The two are said to have had differences over the delay of salaries for secretariat staff, players and high interest rates on borrowed monies from his SAS group.

Both are said to have also disagreed on the club’s recruitment budget. Apiigi is said to have objected to the Board Chairman’s methods of operation, accusing him of not taking prudent financial measures to save the fortunes of the company.