Accra Hearts of Oak have secured a whooping Gh¢ 4.5 million loan from Guaranty Trust Bank (Ghana) Limited for the construction of the Pobiman Academy Project.
Works on the project begin next week according to the Majority shareholder of the club, Togbe Afede XIV.
The agreement between Hearts of Oak and GT Bank will see the Rainbow club a refurbished training facility at Pobiman, a project which has been proposed over a decade.
“GT Bank are the official bankers for the Pobiman Academy Project. We have secured a loan from them,” Togbe Afedi told GTV Sports Plus on Monday.
Hearts of Oak’s Pobiman Academy Project is contracted to Turkish construction firm Prefabex
The Pobiman Project, when completed, will house a staff residence, senior housing unit, gym training centres (pitches), laundry, swimming pool, lockers, toilet facilities, kitchen, and dining hall.