The Ministry of Sports has released a detailed breakdown of the payments made to former Black Stars manager, Charles Kwablan Akonnor, after his contract as coach of the senior national team was terminated.
According to reports, there have been four payments made to Akonnor between October 2021 and July 2023, totaling US$238,108.
However, it is mentioned that there is still an outstanding payment of US$200,000 to be settled based on the terms of termination.
Here is the breakdown of the four payments:
- On 22nd October 2021, following the termination of Coach Akonnor’s contract, he received an amount of GH¢318,378.41, which is equivalent to US$54,054.06 at a conversion rate of 5.89.
- On 10th February 2022, he was paid an amount of GH¢335,675.71, equivalent to US$54,054.06 at a rate of 6.21.
- On 12th January 2023, an amount of GH¢860,000.00, equal to US$100,000, was disbursed at a rate of 8.60.
- On 27th July 2023, a payment of $30,000.00 was made by cheque, but Akonnor declined it and requested a Bank transfer instead. The bank transfer was successfully executed on Monday, 31st July 2023.
These figures provide transparency on the payments made to Charles Kwablan Akonnor after his time as the coach of the Black Stars came to an end.
Akonnor vs. Ministry, GFA
The former Black Stars captain in a recent interview denied being paid $100,000 as an exit package after his dismissal from the national team role in September 2021.
Akonnor’s clarification was is in reaction to Sports Minister Mustapha Ussif’s assertion that the former Asante Kotoko coach did not walk empty-handed and that he was paid $100,000 as his exit package.
”I never received the kind of money the minister mentioned. I don’t want to put out how much they paid me but it was not $100,000 as the minister said,” Akonnor told Graphic Sports.
”My contract is still with the FA and if he likes he can go and check the agreement we had and see before making the claim and he will know that he is wrong,” Akonnor stated.
According to Graphic Sports, the former Ashanti Gold manager also noted that he was paid in cedis and not dollars.
The Minister made his assertions during a press briefing on Wednesday, July 26, 2023, when he admitted that the government still Akonnor and ex-Ghana coach, Milovan Rajevac.
”Both C.K and Milovan, once their contracts were terminated, we sat with them and negotiated their exit and C.K. was paid $100,000 immediately after the negotiation, same as Milovan.
”We still owe both of them and we have a payment schedule which I admit we have not followed because of constraint of funds. As and when we get funds we will pay the two coaches,” he assured.