The entire membership of the Hearts of Oak board has signed unto bonds not to have economic interest in a player of the club.
The initiative is to ensure that members avoid a situation of a conflict of interest.
The club has identified this phenomenon as one of the problems hindering on its business in the transfer market - when selling and buying players.
The board led by Togbe Afede XIV have resolved to put a stop to this trend have all signed onto this bond.
Members of the technical team were also made to sign this undertaken.
ââ¬ÅYour board has put in place a code of ethics that the board has signed,â⬠Heartsââ¬â¢ Executive Board Member Togbe Afede XIV revealed at the launch of the clubââ¬â¢s Executive Group on Monday.
ââ¬ÅAnd in this code of ethics, no board member is allowed to own any player because there will be a conflict there.
ââ¬ÅWhile players do contract negotiations, you realize that board members will be negotiating for themselves.
ââ¬ÅBut the code of ethics doesnââ¬â¢t apply to only board members. The technical team have all signed to this bond.
ââ¬ÅYou remember the days when Hearts of Oak was strong enough to represent the nation in a qualifier against Nigeria.
ââ¬ÅNowadays Hearts doesnââ¬â¢t make as significant contribution to the nation as it used to in its glorious days.
ââ¬ÅSponsorship has diminished because the corporate bodies want to associate with high performance.
ââ¬ÅThe clubââ¬â¢s resources have dwindled and we must take steps to reverse this trend.ââ¬