Sports News of Friday, 25 September 2015

Source: ghanasoccernet.com

New Edubiase owner to sell 70% stake in club

Abdul Salam Yakubu Abdul Salam Yakubu

New Edubiase president Abdul Salam Yakubu is willing to sell 70% stake of the club.

The business magnate wants to maintain only 30% stake in the club after the side avoided relegation on the final day of the season.

The team has struggled financially in recent years with club owner Abdul Salam Yakubu ready to sell majority stake in the club.

“We are looking for a new investor. It has not been easy over the period and so if we get anyone interested, we shall look at the offer,” he told Accra-based Peace FM

“I will sell 70% stake in the club to the prospective buyer. We shall stay in the background and help him or her succeed.”

Edubiase got promoted to the Ghanaian top-flight in 2009 and have since maintained their status despite their struggles.