Capital Ethiopia Newspaper

Wubetu joins Commercial Banks

Commercial Banks appointed its third head coach in three seasons this time Wubetu Abate the new appointee rumored to get paid a signing bonus of 120,000 Birr for two year contract. His first signee is former Saint George striker Abiy Moges who has not been in the champions’ starting lineup for most of the season.
Throwing out a said 2.7 million Birr transfer money and head coach Tilahun Mengesha less than a year in the hot sea, Banks brings in Wubetu and offered him a big transfer money to build a better competent side for the coming season. According to sources Wubetu’s first signing is former Saint George striker Abiy Moges for an unofficial 500,000 Birr to put pen on paper for two years contract. Wubetu snatched away Abiy from Electric at the final minutes of his signing. As Africa is the home to world renowned athletes, title sponsor to Great Ethiopian Run, Commercial Bank and other Ethiopian Banks dream of building a strong premier league side, which is said to be in the making. In the mean time back in to the premier league after two seasons in the woods Insurance FC head coach Asrat Haile is in negotiation for a new deal to stay with the club. Unconfirmed sources stated that Asrat demanded for 30,000 Birr monthly salary to sign a new two year contract. Though Insurance is so far silent in the transfer market sources said Asrat who helped many sides in to promotion in the past is likely to stay with the club.