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Court Orders Auction Of Essien’s Multimillion-Dollar Properties

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Two luxurious mansions owned by former Chelsea and Ghanaian football star, Michael Essien are slated for auction in Accra.

This decision follows a ruling from the Accra High Court’s Commercial Division, issued on June 12, 2024, due to legal proceedings against Essien.

The properties in question are located at Stephen Quarshie Crescent in East Legon, as well as House Number 9 and House Number 204/205 in Trassaco (Phase 2), Adjiringano, Accra.

Essien’s financial woes reportedly stem from substantial debts owed to various banks and financial institutions in Ghana.

An anonymous auctioneer hinted that bids for one of the mansions could range between $20 million to $30 million.

Essien’s illustrious football career began in France with clubs like Bastia and Olympique Lyonnais before achieving fame at Chelsea.

During his tenure with the English club, Essien earned multiple Premier League titles and the coveted UEFA Champions League trophy.

Essien, renowned for his illustrious career with clubs including Chelsea, Real Madrid, and AC Milan, is grappling with financial difficulties following his retirement from professional football.

At 41 years old, Essien has encountered significant financial challenges, highlighted by the court-ordered auction of his properties in Accra.

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Tottenham’s Europa League Match Against Qarabag Delayed

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Tottenham Hotspur’s Europa League match against Qarabag has been postponed due to severe travel disruptions in London.

The announcement was made on the club’s official X (formerly Twitter) account on Thursday evening.

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According to the statement, further details regarding the rescheduling of the match are expected to follow.

The post reads, “Kick off for tonight’s fixture has been delayed due to severe travel disruption. Further information to follow.

 

 

 

 

More to follow……… 

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Carabao Cup Fourth Round Matchup Draw [Full List]

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The draw for the fourth round of the Carabao Cup has revealed a series of thrilling matchups that are sure to capture fans’ attention.

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In a post on Wednesday night, the fixtures, which will see some of the top teams in English football go head-to-head, include:

Brentford vs Sheffield Wednesday

Southampton vs Stoke

Tottenham vs Manchester City

AFC Wimbledon/Newcastle vs Chelsea

Manchester United vs Leicester

Liverpool vs Brighton

Arsenal vs Preston

Aston Villa vs Crystal Palace

These encounters promise high-stakes action as clubs compete for a coveted spot in the quarter-finals of the tournament.

Fans can look forward to a week of intense competition as these teams battle for advancement in one of England’s most prestigious cup competitions.

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The Tale Of Dangote And Arsenal Football Club

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Though his interest in football remains high, his desire to buy into the English Premiership League (EPL) side, Arsenal Football Club has subsided.

This much, the President and Chief Executive of Dangote Group, Alh Aliko Dangote, shared with Bloomberg at a recent interview in New York.

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According to Dangote, his priority was completing the Dangote Refinery, when the opportunity to purchase the Gunners for a ‘cheap’ $2 billion presented itself.

Dangote told Francine Lacqua, that his desire to own the North London side was in the past, though he would continue to support the highflying EPL side.

He said, “I think that time has passed. The last time when we had this interview, I told you as soon as I finish with the refinery, I am going to try and buy Arsenal.

“But you know everything has gone up and the club too is doing very well. Arsenal is doing extremely well right now. That time, Arsenal wasn’t doing well.

“I think I don’t have that kind of excess liquidity to go and buy a club for $4 billion, so to speak and use it as a promotional something.

“But what I will do is to continually be the biggest fan of Arsenal. I watch their games anytime they are playing. So, I will remain a major supporter of Arsenal but I don’t think it makes sense today to buy Arsenal.”

On if he regretted not buying the football club value was lower, he said, “Actually, I regret not buying it before but you know my money was more needed in completing my project (the Dangote Refinery) than buying Arsenal. I would have bought the club for $2 billion but you know I wouldn’t have been able to finish my project. So, it was either I finish my project or go and buy Arsenal.”

Recall that Dangote had in 2020 disclosed his desire to buy the North London EPL side, after his $20 billion refinery.

With the Dangote Refinery done and functioning, it does appear, though that Africa’s richest man has now rested his ambition to take over at Emirates Stadium, owing to the higher valuation of $4 billion it now attracts.

He set up the Dangote Group — the largest conglomerate in West Africa — in 1981.

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