Bolga All Stars have been sold to new owners following the team’s demotion to the second-tier League.
The decision comes after initial possessors failed to fund the Club.
Bolga All Stars returned to the lower division after finishing bottom in the Ghana Premier League last season.
The Club managed just 12 points in the League and conceded as many as 77 goals scoring just 25 in the process.
Reports gathered by Ghanasportsonline.com indicate the new owners have renamed the Club Nkoranza United.
After an abysmal display in Ghana’s elite division, the Club is now preparing for life in division one with the hope of making a return to the Ghana Premier League.
Reports were rife players of the Club have decided to leave due to management’s failure to settle outstanding arrears.