• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, July 12, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Sports

Sports Must Move Beyond Politics to Drive Ghana’s Economy, Dr. Koranteng Advices

Frank Odoi Asareby Frank Odoi Asare
July 12, 2026
Reading Time: 5 mins read
The Chief Executive of The BAC Group, Dr. Ernest Koranteng

The Chief Executive of The BAC Group, Dr. Ernest Koranteng

Sports in Ghana has for decades remained deeply intertwined with politics, a situation many observers believe has slowed the growth of the industry and undermined its commercial potential.

The consequences have extended beyond administration, with inconsistent performances by national teams at major tournaments and declining public interest in the domestic league often cited as evidence of a system that prioritises political influence over long-term development.

It is against this backdrop that Chief Executive of The Business Africa Consulting Group Limited (The BAC Group), Dr. Ernest Koranteng, has called for a complete rethink of how sports is managed in the country, insisting that the sector must be treated as a viable business capable of creating jobs, attracting investment and contributing significantly to national development.

Dr. Koranteng made the remarks while delivering the closing address at the Sports Business Series (SBS), a seminar organised as part of the fifth edition of the All Star Festival at the University of Ghana Stadium in Legon.

ADVERTISEMENT

The SBS brought together sports administrators, business leaders, academics and industry experts to examine how sports can become a sustainable revenue-generating industry for clubs, businesses and government.

Political Influence Holding Sports Back

Speaking to participants, Dr. Koranteng argued that sports in Ghana has largely been reduced to a political instrument rather than developed as an economic enterprise. “In Ghana, sports is more of a political tool,” he said, stressing that the country has not fully exploited the enormous commercial opportunities available within the industry.

1000865015
Chief Executive of The BAC Group, Dr. Ernest Koranteng, extreme left

He noted that although sports remains one of the country’s most influential social and cultural assets, with the power to unite people and stimulate economic activity, insufficient strategic planning continues to limit its impact.

According to him, the emphasis on political considerations has often overshadowed efforts to establish strong business structures capable of generating sustainable revenue for clubs, federations and athletes.

The effects of excessive political involvement have become increasingly visible across Ghana’s sporting landscape. National teams have struggled to maintain consistency at major international tournaments, while administrative instability has frequently disrupted long-term planning.

ADVERTISEMENT

At the domestic level, the Ghana Premier League has witnessed declining spectator attendance, reduced commercial appeal and waning corporate interest, leaving many clubs financially vulnerable and heavily dependent on external support.

These challenges have reinforced growing concerns that sustainable sporting success cannot be achieved without stronger governance, professional management and deliberate investment in the business side of sports.

Building a Sustainable Sports Industry

Dr. Koranteng urged stakeholders to move beyond viewing sports merely as a platform for political visibility and instead embrace it as a serious commercial venture.

ADVERTISEMENT

He explained that successful sporting nations have built thriving industries around carefully designed business models that maximise sponsorship opportunities, branding, merchandising, broadcasting rights, ticket sales and fan engagement.

He encouraged sports administrators, clubs and investors to adopt innovative strategies that would enable athletes and sporting organisations to become financially independent rather than relying predominantly on government funding.

According to him, a commercially driven sports ecosystem would create employment opportunities, stimulate private sector investment and strengthen the contribution of sports to Ghana’s economy.

The Sports Business Series formed part of broader efforts by the organizers of the All Star Festival to stimulate conversations on sports entrepreneurship and sustainable industry development. Participants explored practical ways of attracting investment into sports, improving governance, strengthening partnerships and creating new revenue streams capable of supporting clubs and sporting institutions over the long term.

Dr. Koranteng’s remarks added to growing calls for structural reforms that place commercial sustainability at the centre of sports administration in Ghana.

The All Star Festival 2026 Culminate in The All Star Game

The fifth edition of the All Star Festival culminated in the annual All Star Game, where the Southern Stars defeated the Northern Stars 3-1 in an entertaining exhibition match that showcased some of Ghana’s finest football talents from both the domestic league and clubs abroad.

1000866677
Southern Stars celebrate after scoring

The festival brought together several current and former Black Stars players alongside outstanding performers from the Ghana Premier League. The Northern Stars comprised players originating from the northern part of Ghana, while the Southern Stars featured players from the southern regions of the country.

Notable players for the Northern Stars included Amedspor forward Felix Afena-Gyan, Leicester City winger Abdul Fatawu Issahaku, Majeed Waris, Medeama striker Prince Owusu, former Liberty Professionals captain Samuel Sarfo and former Asante Kotoko goalkeeper Danlad Ibrahim.

The Southern Stars featured Hearts of Oak goalkeeper Solomon Agbasi, FIFA U-20 World Cup winner Daniel Adjei, Jonathan Sowah and Maxwell Baako, among others.

1000866652
Felix Afena-Gyan chases Daniel Adjei

Jonathan Sowah was the star of the match, scoring twice for the Southern Stars. After his opening goal was cancelled out by Prince Owusu for the Northern Stars, Sowah sealed the win after Maxwell Baako had restored their lead to convincingly carry the day with a 3-1 victory.

As the All Star Festival continues to blend football with business and development-focused engagements, organisers hope the ideas generated through the Sports Business Series will inspire policy reforms and encourage greater collaboration between government, the private sector and sporting institutions.

1000866649
Abdul Fatawu Issahaku, Leicester City winger

Many stakeholders believe that repositioning sports as a business rather than a political enterprise could unlock significant economic opportunities, revive interest in the domestic game, improve the competitiveness of local clubs and national teams, and ultimately transform the sector into a major contributor to Ghana’s national development.

READ ALSO: Failed Leadership Behind Ghana’s Recurring Flood Crisis – Archbishop Duncan-Williams

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Abdul Fatawu IssahakuAll Star GameFelix Afena-GyanLeicester CityNorthern StarsSouthern StarsSports Business SeriesThe All Star Festival 2026University of Ghana Stadium
ShareTweetShareSendSend
Please login to join discussion
Previous Post

Jannik Sinner Fights Back to Defend Wimbledon Title

Related Posts

Italian tennis star, Jannik Sinner
Sports

Jannik Sinner Fights Back to Defend Wimbledon Title

July 12, 2026
17838500557384794152024907272118
Sports

Argentina Beat Switzerland to Set Up Last 4 Encounter With England

July 12, 2026
Chief Consultant at Brand Cipher, Mawuko Afadzinu
Sports

Afadzinu Warns Premier League Popularity Reveals Ghana Football’s Failing Commercial Foundation

July 10, 2026
Alexander Zverev reach Wimbledon 2026 final
Sports

Zverev Reaches Wimbledon Final After Seeing off Britain’s Fery

July 10, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

The Chief Executive of The BAC Group, Dr. Ernest Koranteng

Sports Must Move Beyond Politics to Drive Ghana’s Economy, Dr. Koranteng Advices

July 12, 2026
Italian tennis star, Jannik Sinner

Jannik Sinner Fights Back to Defend Wimbledon Title

July 12, 2026
Dr. Kwabena Donkor

Dr. Donkor Calls for Mining Transition to Bridge Gap Between Economic Drivers

July 12, 2026
Farihan's Leadership Triumph Puts Ghana Banking in Spotlight

Farihan’s Leadership Triumph Puts Ghana Banking in Spotlight

July 12, 2026
Accra International Airport

No More Belts, Shoes Removal at Accra Airport as GACL Introduces Upgraded Technology

July 12, 2026
ADVERTISEMENT
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.