CAF to pay subvention of $10.8m to football federations

CAF to pay subvention of $10.8m to football federations

The Confederation of African Football, CAF, has announced the payment of $10.8 million to all its affiliated Football Associations, meant to alleviate the difficulties currently facing domestic leagues across the continent in the wake of the Covid-19.

The decision was reached on Thursday at a meeting held via videoconference.

“During its meeting of June 28, CAF Emergency Committee approved the immediate distribution of financial subventions to its Member Associations to help in the management of local football which has been seriously affected by the Covid-19,” CAF said in a statement.

“The total amount to be transferred to the 54 Member Associations of the continent is 10.8 million USD.”

Due to the Coronavirus pandemic all local leagues in Africa have been suspended, except Burundi which resumed action last week.

Each FA is expected to earn a share of $200,000 from the amount.

CAF earlier sped up the payment of $3.5 million to clubs involved in continental competitions.

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