In January this year, media reports claimed the former Ghana Premier League champions had been sold for US$ 3m.
But the Wa-based quickly released a statement to rebuff the sale of the club to any interest group.
Paintsil has now confirmed the deal has been sealed and will take charge of the Northern Blues.
The former West Ham and Maritzburg United right-back currently own a Division Two side JohnJu FC. Read Full Story
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