Dr Kwaku Frimpong, who heads the investors have confirmed that the newly appointed investors of Premier League side, AshantiGold Sporting Club have been given a 54-year mandate to revive the club.

According to Dr Frimpong, the idea behind to run Ashantigold was to raise the bar of the club as he believes the standards of the team has fallen.

“We have Kotoko and AshantiGold which are all Ashanti regional teams and if I look at the terrain Ashantigold is declining but for Kotoko, my brother Kwame Kyei is there. So, when the owners of Ashantigold consulted us to take charges if only we have money we decide to help the club,” he told Angel FM.

“We have a 54 years mandate and we will run the club for our children to continue. Ashantigold belongs to me and Nana Achiken for the next 54 years,” he added.

The Miners travel to WAFA in the week 8 of the Ghana Premier League at the Sogakofe Red Bulls Arena.