An ultramodern sports news outlet

AFCON

CAF increases winners’ purse for AFCON 2023

The Confederation of Football (CAF) has announced that the winner of the Africa Cup of Nations (AFCON) Côte d’Ivoire 2023  will receive $7M after a 40% increase in the Prize Money for the competition.

The Runner-up of the  AFCON will now get $4M.

Each of the two Semi-finalist will receive $2.5M and each of the four Quarter-finalist, $1.3M.

In September,2023 CAF increased the AFCON prize money from $4.5 million to $5 million, while the second runner-up also moved from $2.5 million to $2.75 million.

The President of CAF Dr Patrice 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 USD 7 000 000 which is a 40% increase from the previous AFCON Prize Money.”

Dr. Motsepe is optimistic that this significant increase will not only enhance the sport but also contribute to the development of football.

”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.”

Spread the love