CAF increase prize money ahead of Gabon 2017
Ahead of the next AFCON in Gabon, CAF have announced that the winners will get $4.5m from the previous sum of $1.5m.
Ivory Coast defeated four-time champions Ghana after a penalty shootout in Equatorial Guinea last year to win the Africa Cup of Nations tournament a second time
Recommended articles
The new increment was as a result of a new deal with French multinational oil group, Total.
With the new deal which was signed in July, Total is now in charge of sponsoring all tournament hosted by CAF.
ALSO READ: Ivory Coast forward out of 2017 AFCON
“The Confederation of African Football (CAF) and Total reached an agreement today under which the Group will become the official sponsor of African football for the next eight years,” CAF said in a statement.
Runners up of AFCON will receive $2m-a 100% increase from the previous prize- while semifinalist will get $1.5m, up from $750,000, and quarter-finalists pocket $800,000, $200,000 more than in the past.
Third place finishers in the group stage will get $575,000, up from $500,000, while bottom-placed sides would now receive $475,000, an increase from $400,000.
In total, CAF will be giving out the sum of $16.4m up from $10 million.
The increment also extended to other CAF competitions like Champions League where winners will get $2.5m, up from $1.5m, while the Confederation Cup prize money will become $1.25m, up from $660,000.
More from category
-
![Paul Onuachu and Tracy reveal wedding date in Lagos and Accra [Photos]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'243'%20height%3D'136'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Paul Onuachu and Tracy reveal wedding date in Lagos and Accra [Photos]")
Paul Onuachu reveals wedding date in Lagos and Accra [Photos]
-
Brendan Rodgers ready to splash £14m on permanent deal for Ademola Lookman
-
3 potential destinations for Aaron Wan-Bissaka after being exiled by new Manchester United boss Ten Hag
Recommended articles
Paul Onuachu reveals wedding date in Lagos and Accra [Photos]
Brendan Rodgers ready to splash £14m on permanent deal for Ademola Lookman
3 potential destinations for Aaron Wan-Bissaka after being exiled by new Manchester United boss Ten Hag
Nigerians are abandoning regular football betting sites to play Homewin by Sujimoto
Frank Onyeka makes full recovery from ankle injury, available for final Brentford game
