Our reporter/ The Confederation of African Football (CAF) has raised the prize money for the winners of the forthcoming African Cup of Nations (AFCON) in Ivory Coast to $7 million — up from the previous amount of $5 million.
The continental football governing body announced the 40 percent increment in a statement released on Thursday.
Patrice Motsepe, CAF president, said portions of the prize money will contribute to developing football in member associations.
“CAF has made significant progress over the past two years in increasing the Prize Money of the AFCON and all its other major competitions. We have increased the Prize Money of the AFCON Winner to USD 7 000 000, which is a 40% increase from the previous AFCON Prize Money,’ the statement reads.
“I am confident that a portion of the Prize Money will contribute to developing football and also benefit all the football stakeholders, as well as assist our Member Associations with their administrations.”
The competition’s runners-up will get $4 million in prize money, up from $2.7 million.
The remuneration for the semi-finalists and the quarter-finalists was also increased to $2.5 million and $1.7 million respectively.
The 34th edition of the AFCON will be held in Ivory Coast from January 13 to February 11.
Leave a Reply