Africa Super League: NFF to tarn N420 million from CAF next year

Date:

By Amaechi Agbo

Nigeria Football Federation, NFF will earn a minimum of one million dollars (a minimum of  ₦420, 000, 000 as per CBN current rate) from the Confederation of Africa Football, CAF in 2023

The money which is part of the $100 million meant for the development of football, will be shared among the 54-member associations of CAF during the year

CAF President, Patrice Motsepe who disclosed this on Wednesday, said the money would be part of $100 million USD to be shared from the accruing financial benefits of the Africa Super League, ASL which takes off next year. 

READ MORE  Twenty-one graduates from Sporting Coders Programme in Bayelsa, receive scholarships

Speaking during the launching of the ASL in Tanzania, Mostepe said the continent’s football umpire is committed to the development of football.

“The CAF Executive Committee (“EXCO”) took a decision to launch the CAF Africa Super League in August 2022. This League will officially kick-off in August 2023.

“We announced on 3 July 2022 that the total prize money of the CAF Africa Super League will be USD 100 million, with the winner receiving USD 11.5 million.

“We intend paying each Member Association USD 1 million per annum from the CAF Africa Super League funds. 

“We also intend allocating USD 50 million to CAF from these funds for Youth and Women’s football development and for all its other competitions to ensure that they are globally competitive,” he said. 

READ MORE  NFF says South Africa created own dilemma

On the importance of the ASL, Mr Motsepe said it would change the face of football in Africa

“We are excited about the CAF Africa Super League and are confident that it will change the face and competitiveness of CAF and African football.

“The Africa Super League is one of the most exciting developments in the history of African football and the objective in terms of what we are trying to achieve is very clear, number one is to make sure African club football is world class and competes with the best in the world. This about the future of African football, this is about African taking charge of its future.”

READ MORE  2026 FIFA World Cup Race: Eagles escape Zimbabwe defeat in Day 2 world cup qualifiers

Enyimba International FC is the only Nigerian side that will participate in the maiden edition of the Africa Super League next year. 

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

BREAKING: Troops Rescue 21 Kidnap Victims in Kogi 

BREAKING: Troops Rescue 21 Kidnap Victims in Kogi Troops of...

Radda Assures Malumfashi, Kafur Stakeholders of More Projects

Radda Assures Malumfashi, Kafur Stakeholders of More Projects   * Stakeholders...

Nafiu Bala-led ADC disowns Atiku, rejects 2027 merger

The Nafiu Bala-led African Democratic Congress has disowned former...

Zulum Pledges Accelerated Malam Fatori Reconstruction, Sacks Village, Ward Heads 

Zulum Pledges Accelerated Malam Fatori Reconstruction, Sacks Village, Ward...