The talented young player joined the Porcupines in 2018 on a two-year deal which is set to expire on October 30.
According to the player’s agent, Nana Essien, Kotoko is yet to settle GH¢25,000 from Maxwell’s initial contract with the team.
Essien wants Asante Kotoko to pay the arrears and improve the new offer considering the performance of Maxwell Baakoh in the past.
“Asante Kotoko has made an offer to the player but they can do better, the new offer should be better than the previous. They want to pay Maxwell Baakoh GH¢3,500 monthly but we want them to give an improved offer,” Nana Essien told Oyerepa FM.
“It’s true Kotoko is yet to pay GH¢25000 for the last season which expires on Friday. They should pay that then we start with fresh negotiations,” he revealed.
A number of clubs in the Ghana Premier League have showed interest in signing the skilful midfielder but want to do so on a free transfer.
Baakoh could likely move outside the country for a better deal worth $200,000.
The player is currently with Kotoko in Koforidua ahead of the new season.