Menzi Magubane
Confederation of African Football (CAF) president Patrice Motsepe has confirmed that the CAF Super League will go ahead as planned, commencing this August.
The total prize money will be R1.6 billion with the winner set to pocket R197 million, will see this competition becoming the biggest in the history of African football and the biggest financial prize on offer in Africa.
The inaugural tournament will feature 24 teams.
Motsepe said the Super League will use the revenue to invest into member associations.
“The decision has been taken to implement the CAF Super League. It will be launched during CAF’s 44th ordinary assembly in Tanzania on 10 August,” he said in a statement.
“A significant amount of the money from the CAF Super League will be invested back into African football and part of the process involves giving R16 million every year to every one of CAF’s 54 member associations as a contribution to football and youth development.
“We also want to look to increase the prize money for the men’s and women’s CAF
Champions Leagues.”
The investment news was confirmed by CAF.
“The competition will breathe new life into African club competition,” said the CAF website.
“Winners and participants of the inaugural African Super League will receive significant prize money and the proceeds from the tournament will include substantial solidarity payments to all 54 Caf member associations.”
CAF said the 54 Member Associations unanimously voted to go ahead with the competition during last year’s Extra-ordinary General Assembly in Egypt and gave a mandate to the president and the executive committee to lead the implementation of the competition.
Currently, the biggest prize received in continental football in Africa is the Champions League where the winner gets R41 million.
Image source: @Fifa
