Accra, Aug. 27, GNA - The Management of AngloGold Ashanti has assured its social and business partners and interested parties in Obuasi and elsewhere that the traditional relevance and contribution of AshGold Football Club will be protected.

"We can state categorically that the Club will not be relocated from its base in Obuasi. Neither will its name be changed."

"AngloGold Ashanti believes that ultimately the Club should not be just an attachment of its mining operations but should be a professionally managed independent football club with a commitment to excellence."

Mr Christian Rampa-Luhembwe, Vice President of AngloGold Ashanti (West Africa Division) in a press release issued to GNA Sports on Wednesday said management has noted with concern news that is making rounds that the company is divesting its interest in AshGold Football Club.

He explained that AngloGold Ashanti is holding discussions on the future direction of the Club and will in due course make a definite announcement on the matter.

Mr Rampa-Luhembwe said "the decision to review the current direction of the Club was taken some time ago and the ongoing review of the ownership structure will be focused on ensuring that AshGold Football Club will be taken into a period of modern soccer practice and management", he added.