CAS Ruling Requires Tema Youth to Pay GFA 150,000 Euros
The Court of Arbitration for Sport (CAS) has handed down a verdict compelling Wilfried Osei Kwaku Palmer, the owner of Tema Youth, to remit a sum of 150,000 Euros to the Ghana Football Association. This ruling stems from a dispute arising from the transfer of winger Joseph Paintsil to KRC Genk back in 2018.
Joseph Paintsil, a Black Stars winger, made the switch to the Belgian club from the now-defunct Premier League side. However, a contentious issue emerged concerning the payment of a percentage of the transfer fee owed to the association.
In light of this dispute, the case was elevated to the highest authority in football arbitration, CAS, which ultimately ruled against Mr. Osei Palmer.
CAS issued a statement on September 22, 2023, confirming its decision and upholding the obligation for Tema Youth to pay the Ghana Football Association the aforementioned sum of 150,000 Euros. Additionally, Tema Youth will bear the full cost of the arbitration expenses, which will be directed towards the Ghana Football Association.