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The Goldfields Ghana Foundation has revealed that over $13 million has been so far invested in the construction of the Tarkwa and Aboso (T&A) Stadium.
The 10,000-seater stadium has been under construction for about a year now and it is at it completion stage.
When completed, it will be the home grounds for the Ghana Premier League side, Medeama SC.
Earlier this month, the Mauve and Yellow revealed plans to play their 2023/24 CAF Champions League matches at their new stadium which will not be possible.
However, with the ground still under construction, the Goldfields Ghana Foundation has delivered an update on the progress of work.
A statement from Goldfields said: "The Foundation has so far invested over $13 million dollars in the stadium, out of a budgeted $16M, and this has proven to be one of the high-cost ticket items it has funded besides the Tarkwa to Damang asphalted road.
"Despite the facility being a public one, there is however an added cost of more than US$2 million dollars in taxes."
Meanwhile, Medeama were forced to adopt the Cape Coast Stadium as their home ground for the preliminary round of the Champions League.
But having overcome Nigeria’s Remo Stars and Guinea’s AC Horoya to book their place in the group stages, the club will now play their group stage games at the Baba Yara Stadium in Kumasi.
