The leadership of the Ghana Football Association has approved a proposal from the manifesto of its president Kurt Okraku to create a special World cup fund to enable key stakeholders of the Association who contribute to Ghana’s World Cup participation benefit.
The fund which was part of the FA President’s manifesto promise in the run up to the Ghana FA Elections is expected to be beneficial to Premier league clubs, division one league clubs, Women league clubs and Juvinile Football clubs.
Beneficiaries are expected to use the funds for developmental projects.
For this purpose, thirty percent (30%) of net revenue accruing to the GFA from World Cup participation of the Black Stars shall be channeled to key stakeholders in the following ratio:
Sixty percent (60%) to clubs in the Premier, DOL (Division One League) and WPL (Women’s Premier League).
Ten percent (10%) to Juvenile Football.
Ten percent (10%) to RFAs.
Ten percent (10%) to PFAG.
Five percent (5%) to GHALCA.
Five percent (5%) to Coaches Association.
The above stated developmental funds will help address some pertinent issues and challenging areas of operation of stakeholders in the industry, giving an attestation to the FA’s mission of igniting passion and creating wealth for all in football.