-1.1 C
New York
Saturday, January 8, 2022
spot_imgspot_imgspot_imgspot_img

CAF raises AFCON prize money to $5m

The eventual champions of the Africa Cup of Nations (AFCON) will smile to the bank with guaranteed prize money of $5 million (N2.8bn).

According to a statement from Africa’s football governing body, CAF, the decision to increase the prize money from 4.5 million dollars, representing an increase of about 11 per cent was announced after the meeting of the CAF Executive Committee held on Friday in Yaounde.

In the same vein, the competition’s runners-up will get 2.75 million dollars in prize money, up from 2.5 million dollars and an increase of 10 per cent.

The prize monies for the semi-finalists and the quarter-finalists were also increased, with the total sum of the increase on all prize monies being 1.85 million dollars.

2021 Afcon qualifier: Super Eagles gear for Lesotho showdown
READ

CAF, in a statement, said the increase was in line with its commitment to rewarding merit performance and enhancing the status of the competition, which is now in its 33rd edition.

The new AFCON prize money structure is as follows:

Winners: $5 million (an increase of $500,000)

Runners-up: $2.75 million (an increase of $250,000)

Semi-Finalists: $2.2 million (an increase of $200,000)

Quarter-Finalists: $1.175 million (an increase of $175,000)

Fidohttps://thesportsbay.com
I'm an avid and seasoned sports/ multimedia journalist. I have a biased love for Real Madrid and passionate advocate for the overall growth of the Nigeria Sports Project. I can be reached on 09077894123 or/and '[email protected]'

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
3,106FollowersFollow
19,000SubscribersSubscribe
- Advertisement -spot_img

Latest Articles


Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/thesport/public_html/wp-includes/functions.php on line 5107