Ambitious Ghanaian business tycoon set to acquire Spanish club

Ambitious Ghanaian business tycoon set to acquire Spanish club

Lukman Mumuni
November 20, 2023 at 6:47 AM
  • Ghanaian billionaire Honourable Prince Tetteh set to acquire Spanish club
  • The Ghanaian consul to Guinea Bissau is in advanced stage to buy Ourense CF
  • The business mogul is expected to finalize the acquisition of the club this week

Ghanaian tycoon Honourable Prince Tetteh is nearing a takeover of Spanish third division side Ourense CF, acquiring a 60% controlling stake.

Ghana's Consul to Guinea-Bissau, Honourable Tetteh, has advanced talks aided by an expert advisory team, including former Liverpool and Real Madrid player Antonio Nunez Tena.

The ambitious deal is progressing, which could provide a pathway for gifted African footballers into European leagues.

Honourable Prince Tetteh, Ourense CF, Spain, Ghana
Ghanaian business mogul Prince Tetteh visits Spanish club Ourense CF. Credit: @SannieDaara
Source: Twitter

If finalised, the agreement would hand the proactive Ghanaian significant influence to shape Ourense's future, as reported by Saanie Daara, the former Spokesperson of the Ghana Football Association.

Club President Camilo Diaz gave His Excellency Tetteh a warm reception and tour of facilities last week, upon which the Mayor of Ourense Gonzalo Pérez Jácome praised the potential alliance.

Honourable Tetteh was then presented with prestigious club awards, affirming the high esteem held for his prospective arrival.

He also invited ex-Deportivo La Coruna President Augusto César Lendoiro to provide astute counsel on elevating Ourense.

Nicknamed 'Africa's youngest billionaire', the 42-year-old Honourable Tetteh has rapidly built the multifaceted Pribet Group conglomerate.

His company operates as the local partner for Turkish firm Karpower, delivering electricity nationwide in Guinea-Bissau.

His Excellency Tetteh was appointed Ghana's Consul to Guinea-Bissau in 2021 by President Nana Akufo-Addo, showcasing his passion for diplomacy.

His ambition is to utilise Ourense as a platform to increase opportunities for African talents in Europe.

Honourable Tetteh's acumen and investment could aid the historic Galician club's club'spromotion push and sustainability.

Currently second in their regional Segunda División B group, Ourense were refounded in 2014 after previous entity, CD Ourense, was dissolved.

If Honourable Tetteh finalises his transformative deal, the club's future appears bright under a visionary owner eager to make an impact on and off the pitch.

For gifted African youngsters, it may open a vital doorway into European leagues through Ourense's rejuvenated academy.

Juventus starts academy in Ghana

Earlier, Sports Brief reported that Italian club Juventus have established an Academy in Ghana.

The Italian giants will partner with their former midfielder, Kwadwo Asamoah, in building an academy in the West African nation.

The developmental school will be the latest by the club on the continent following different establishments in Tunisia, Tanzania, Morocco, Nigeria, and South Africa.

Lukman Mumuni photo
Lukman Mumuni
Editor- Local Desk
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