New Edubiase President Abdul Salam Yakubu says Ghanaian clubs need a minimum of $1m to enable them compete favourably in African club competitions.
Ghanaian clubs have failed over the years to make meaningful impacts in both the CAF Champions League and Confederation Cup.
Ghana’s representatives in African club competitions have often blamed their inability to creditably rough shoulder against the best clubs on the continent due to lacking funds.
New Edubiase suffered from this syndrome when they fell in the early stages in their maiden campaign in the Confederations Cup following the death of their major financier David Lamptey.
Club President Abdul Salam Yakubu says Ghanaian clubs need at least $1m to compete favourably in Africa.
“Clubs is Ghana, I tell you can compete in Africa but for the lacking funds,” he told Metro FM.
“Playing in Africa is no joke, it is very expensive.
“No wonder the North Africans dominate the competition because they have a lot of financial help from their governments.
“Ghanaian clubs can compete favourably but money is needed.
“If you want to play and compete in Africa, you’ll need at least $1m.
“Berekum Chelsea proved it with their maiden campaign with the injection of huge investment.”