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Home Featured

Kotoko rakes in GHC430,000 from Hearts of Oak’s Super Clash, nets GHC180,000 after operational costs

Martin Tawiah by Martin Tawiah
December 17, 2024
in Featured, Ghana Premier League, Ghana Premier Leaguee
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Kotoko rakes in GHC430,000 from Hearts of Oak’s Super Clash, nets GHC180,000 after operational costs
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Asante Kotoko’s Matchday 13 clash against Hearts of Oak at the Baba Yara Stadium turned out to be a financial success, grossing an impressive GHC430,000 in revenue.

However, after accounting for various operational costs and deductions, the club’s net earnings from the match amounted to GHC180,000.

This strong financial performance underscores the significant appeal of Ghana’s two most popular football clubs, highlighting the economic impact of such high-profile fixtures on the country’s football landscape. The intense rivalry between Kotoko and Hearts, showcased in this Super Clash, consistently draws large crowds, contributing significantly to the financial health of the sport.

The revenue from ticket sales alone totaled GHC430,000, demonstrating the lucrative nature of this fixture. Fans flocked to the stadium to witness the excitement and competitive edge of the Super Clash, which is always a fixture that promises thrilling action.

However, the gross revenue was not entirely profit. Kotoko had to cover several operational expenses, including stadium security, matchday operations, player and staff allowances, and other logistical costs.

These expenditures resulted in a net profit of GHC180,000, a figure that, while lower than the gross revenue, still reflects the profitability of such high-profile matches for the club.

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