Some members of Ghana’s 2009 U-20 World Cup-winning team, the Black Satellites, have rejected payments for their matured investment, initially made 15 years ago.
The players were invited by SAS Finance Group, through the Ghana Football Association (GFA), to collect their share of the matured investment.
The original GHS 10,000.00 investment made on behalf of each of the 21 players has grown to GHS 70,000.00 each, after a GHS 60,000.00 interest over the years.
While some players have accepted the payment, others, including key figures like captain Andre Ayew and Emmanuel Agyemang-Badu, are dissatisfied with the explanation surrounding the calculation of the investment’s growth.
Ayew, who played a central role in securing the World Cup win for Ghana in 2009, voiced his concerns about the lack of transparency in how the investment was managed.
In an interview on Angel TV, Ayew revealed he had sought clarification from SAS Finance Group, but expressed his reservations about the figures presented.
“I went there for an explanation,” Ayew said. “We had a productive conversation, but I had to inform my team to seek further advice.”
Ayew also confirmed that he had empowered his legal representative, Fiifi Tackie, to hold off collecting the payment until proper answers are provided.
He mentioned that other players, including Agyemang-Badu, have taken similar steps, questioning the original interest rate and the nature of the investment.
The total amount invested on behalf of all 21 players amounted to GHS 210,000.00.
Despite the conflict over the investment’s handling, the Black Satellites’ victory remains a moment of immense pride for Ghanaian football, and the resolution of this financial dispute continues to capture the attention of fans and sports enthusiasts.