Ghana: Aga Confirms Future of Ashgold
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Accra Mail (Accra)
28 August 2008
Posted to the web 29 August 2008
Administrator
The management of AngloGold Ashanti has announced that it has noted with concern news reports that the company is divesting its interest in AshGold Football Club.
In a report issued yesterday. The company said "The fact is AngloGold Ashanti is holding discussions on the future direction of the club and will in due course make a definite announcement on the matter."
It assured the public 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."
The statement 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.
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