The owner of Division One League side Skyy FC and Chairman of the MTN FA Cup Committee, Wilson Arthur, has attributed the depreciation of the cedi against the dollar to the prevalence of foreign sports content in sports journalism.
He highlighted the dominance of European football in over 75% of local media sports coverage as a contributing factor to this economic challenge.
Speaking on Oyerepa FM, Arthur emphasized the importance of promoting local sports to mitigate these economic concerns.
“The foreign sports content on our local media spaces is over 75% and that is the major reason why the cedi is performing poorly against the dollar and the media is largely part of this problem,” Arthur said.
Despite the prevailing economic concerns and the low patronage of local sports, Arthur is eagerly anticipating the upcoming FA Cup semi-final matches.
The fixtures will feature holders Dreams FC against Bofoakwa Tano, and Legon Cities against Nsoatreman FC, with both games set to take place at the WAFA Park in Sogakope.