RTU will borrow money for the game against Elmina Sharks
Real Tamale United PRO Sey Mubarick has reported that the club’s dire financial situation has left them with no choice but to seek loans, with plots of land as collateral to honor league games.
Head coach, Shaibu Tanko, after the team’s 4-0 loss to AshantiGold in March, revealed that financial depression had hit the club.
Despite the grim situation, RTU picked up a 2-1 win at home to league leaders Kotoko but now faces the possibility of losing their away game to Elmina Sharks due to lack of funds. for traveling.
RTU are playing in Ghana’s top flight for the first time after an eight-year absence and are already in a relegation battle. This means that losing the match against the Sharks will stifle their chances of survival if fellow wrestlers WAFA manage to beat Kotoko at home.
With this possibility in mind, Mubarick indicated that the club will explore all avenues, including sacrificing plots of land to raise funds, in order to make the meeting with the Sharks possible.
“We can’t say we won’t honor this game so whatever means the management will do to get the team to Elmina for this game we will and if that means we have to use our plots of land as a guarantee, we will certainly do so.
“When we were going to Tarkwa, our CEO had to use his plots of land as collateral to borrow money for RTU. So we will look inside, if any member of management has similar issues, we could use the same as collateral to borrow again for the club. RTU, at the moment, does not operate on a budget, we only depend on donations and philanthropic gestures from game stakeholders,” Mubarick told JoySports.
He also revealed that the club should receive certain sums of money to support his administration.
“We are waiting for money to come from somewhere to settle all this,” Mubarick revealed in an interview.