Home Sports AFCON Champions To Earn N2.8bn As CAF Raises Prize Money

AFCON Champions To Earn N2.8bn As CAF Raises Prize Money

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Champions of the 2021 Africa Cup of Nations will return home with a prize money of $5million or about N2.8 billion.

The winners’ prize money was increased from $4.5 million, representing an increase of about 11 per cent.

The decision was taken on Friday in Douala, Cameroon during the meeting of the Executive Committee of the Confederation of African Football.

The prize money increase is beginning with the 2021 AFCON which gets underway on Sunday in Yaounde.

The competition’s runners-up will get $2.75 million in prize money, up from $2.5 million and an increase of 10 per cent.

The prize monies for the semi-finalists and the quarter-finalists were also increased, with the total sum of the increase on all prize monies being $1.85 million.

CAF, in a statement, said the increase was in line with its commitment to rewarding merit performance and enhancing the status of the competition, which is now in its 33rd edition.

 

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