Latex Foam Rubber Products Limited has refused to extend their contract with Asante Kotoko.

The foam and rubber manufacturing company signed on as sponsor three seasons ago and it ended after the 2014/2015 campaign.

"Their three-year contract expired after the season ended last term but the company is yet to renew its sponsorship,” a club source told GHANASoccernet.com.

Latex Foam’s withdrawal leaves the club with nine sponsors- Mama Vits, MTN, Budget Cash and Carry, Everpure, Herbalife Afri-Cola , Living bread, Supabets and Fidelity Bank.