In a stunning turn of events, hopes for Real Tamale United’s takeover by Zebra Investment Group have been shattered. Despite high expectations and fervent support from the club’s fans, the proposed sponsorship and takeover deal crumbled during a crucial meeting.
With only two out of nine board members present, the discussions quickly spiraled into disagreement. The board, hesitant to relinquish control, refused to release the majority shares to Zebra Investment Limited, leading to an impasse.
A glimmer of compromise emerged when the board proposed that Mr. Iddrisu, the CEO of Zebra Investment Limited, temporarily oversee RTU’s operations as CEO for six months. However, this suggestion was met with rejection by the investment firm, further complicating the situation.
The collapse of the deal has left Real Tamale United supporters in shock and frustration. They had pinned their hopes on the takeover to propel the club into European competition and alleviate its financial woes. Now, those aspirations lie in tatters as the future of the club hangs in uncertainty.
Source: Alhassan S. Suhiyini-Zangali FM Tamale