Ghanaian journalist Dan Kwaku Yeboah has praised former Asante Kotoko Chief Executive Officer Nana Yaw Amponsah for his debt-free administration during his tenure at the club.

Yeboah expressed that it is the first time he has witnessed a CEO leaving Asante Kotoko without leaving behind any debts.

The commendation comes after the club's life patron, Otumfuo Osei Tutu II, disclosed during a review meeting at Menhyia that the team has some profit in receivables yet to be earned.

"Meaning if the receivables are retrieved, then it means they did not incur debt...unless they don't get the receivables, that is when you can count it as debt," Dan Kwaku Yeboah said on Peace FM.

"He has done very well. The first time a CEO is leaving the club with profit, I've never heard of it before.

"All would hear is they will mention some exorbitant amount and claim, 'Kotoko owes me'. He has done well," he added.

Nana Yaw Amponsah was appointed as the club's CEO in 2020 on a three-year contract. His contract ran out in July 2023.

During his tenure, the club secured numerous sponsorship deals as well as other significant partnerships to fund the club.

Otumfuo while reading the management's report, disclosed that the club has a debt of GHC 3 million, which was accrued during the final months of Nana Yaw Amponsah's administration.

“The current debt is from hotel expenses, players' salaries, and wages – which have been accrued also from the last two months, adding June and July. So we have this debt to clear, before also finding a way around player recruitment,” Otumfuo said.