Sports
Africa Super League: NFF To Receive N420m
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 a $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 last week, 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.
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.
Africa Super League was laundhed last Wednesday in Tanzania
“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.