Hearts of Oak lose 50% of record gate proceeds to deductions; pocket GHC 361,449

Hearts of Oak lost 50% of the record gate proceeds grossed from the Ghana Premier League derby against Asante Kotoko to deductions.

The Phobians took home GHC 361,449 after the accounting had been done.

National Sports Authority spokesperson Charles Amofa confirmed tickets sold for the Super Clash at the Accra Sports Stadium on Sunday raked in a record GHC 724,446 (US$ 130,000).

But that amount shrank after several deductions including VAT (Value Added Tax).

Also, the National Sports Authority took home GHC 80,000 and GHC 51,000 was paid to the Ghana Football Association.

Earlier a gross figure of GHC 726,380 had been reported but that has been debunked.

Source: GHANAsoccernet.com