CAF increases AFCON prize money for winners

CAF increases AFCON prize money for winners
Credit: Icon Sport

AFCON 2023 is just around the corner, and while fans are bemoaning the inability to see the games on their trusted broadcaster, SuperSport, more money will be coming in for the players.

With the injection into CAF coffers of $80 million by Togo-based Pan-African broadcaster following the acquisition of AFCON rights for Sub-Saharan Africa, there is more to be shared.

CAF President Patrice Motsepe has been on a massive fund drive for the football body, and it has been yielding positive results, including more money coming in for AFCON 2023.

With these positive results, the tournament prize money was jacked up, with the winner going home with an increase of 40%.

AFCON winner to pocket $7 million

AFCON prize money
Photo by Icon sport

The Super Eagles would go home with $7 million if they win AFCON 2023.

It is because CAF has increased the prize money for the forthcoming tournament from the previous amount of $5 million.

The CAF President announced in a statement released on Thursday afternoon.

In the statement, Motsepe said, “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 $7 million, which is a 40% increase from the previous AFCON Prize Money.’

Other categories also enjoy an increase in winnings

AFCON prize money
Photo by Icon sport

It is not only the winner that will be going home with an increase in prize money.

The runners-up, semi and quarter-finalists will also enjoy an increase in winnings.

According to the CAF statement, AFCON runners-up will go home with $4 million in prize money, up from $2.7 million, while the semi-finalists will get $2.5 million.

Teams that reach the quarter-finals will take home $1.7 million.

It is the richest tournament to date, with the teams looking motivated for the tournament.

In the statement, CAF President Motsepe surmised that he believes it will leave a positive impact on the development of football in Africa.

“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,” Motsepe said.

Super Eagles ramp up their preparation for tournament

Meanwhile, the Super Eagles are camped in Abu Dhabi as they ramp up their preparations.

The team led by Jose Peseiro is seeking its fourth title. They will be in Lagos on January 9 before proceeding to Ivory Coast.

This article was most recently revised and updated 6 months ago

Chooka Izuegbuna is a Sports Journalist with 20 years of experience in print, TV and Radio. He has worked with some of the top media houses in Nigeria, including NTA Network, Channels TV, TVC, Silverbird TV and MITV. Chooka broke his sports reporting teeth with The Game Football Weekly in 2003 as a cartoonist and reporter. Chooka has a passion for football and has been a fan of Enugu Rangers (over 30 years) and Real Madrid (Since 1996).