AFCON
AFCON 2023: CAF Raises Winner’s Prize Money To 40% – $7 Million
The 2023 Total Energy – African Cup of Nations (AFCON) would feature a 40% increase in cash prize money, according to the Confederation of African Football.
Sportxparte reports that this was made public by the Continental Football organization on its website on Thursday.
According to CAF, the 2023 AFCON winner will take home $7 million, while the runner-up will now receive $4 million. $2.5 million will go to each of the two semi-finalists and $1.3 million to each of the rest of the quarter-finalists.
President of CAF, Dr Patrice Motsepeon, said in his statement that over the past two years, CAF has made significant advancements by raising the prize money for the AFCON and all of its other major competitions.
Ultimately, we have raised the AFCON winner’s award money to $ 7,000,000, an increase of 40% as of the previous season’s AFCON winning money.
I’m confident that a portion of the prize money will support the development of football and all of its stakeholders in addition to helping those of our member organizations in their administrative needs.
SportsXparte claims that CAF also raised the prize money for the 2022 AFCON to $5 million.
The reward money went up from $4.5 million, which is an increase of about 11 Percent.
The decision was made at the CAF Executive Committee meeting in Douala, Cameroon. According to SportsXparte, the competition will take place in Ivory Coast from January 13 to February 11.
The Super Eagles, led by Coach Jose Peseiro, were placed in Group A with the hosts, Equatorial Guinea, Guinea-Bissau, and Ivory Coast made the slogan “Let’s Do It Again” their rallying cry as they aim to capture an unprecedented fourth Africa Cup of Nations championship early in the next year.
