The Confederation of African Football (CAF) on Friday announced the increased cash rewards for participating teams in the CAF Champions League (CAFCL) and CAF Confederation Cup (CAFCC), www.aclsports.com reports.
Nigerian league champions Rivers United made a run into the quarter finals of the CAF Confederation Cup (CAFCC) this season before bowing out to eventual finalists Young Africans of Tanzania 2-0 on aggregate.
It will be recalled that CAF President Patrice Motsepe had announced a new prize money structure for TotalEnergies CAF Champions League and TotalEnergies CAF Confederation Cup earlier this year.
The announcement saw prize monies for both competitions increase by 40% – in line with Motsepe’s commitment to make African football competitions globally competitive and self-sustaining.
𝗙𝗜𝗡𝗔𝗟𝗜𝗦𝗧𝗦!— TotalEnergies CAFCL – TotalEnergies CAFCC 🏆 (@CAFCLCC) May 17, 2023
🇩🇿 @USMAofficiel are through to #TotalEnergiesCAFCC finals for the first time in their history! 🔥 pic.twitter.com/XWnbNyE7Hr
In the CAF Champions League, the winner will get $4,000, 000 – an increase from the $2,500,000 that Wydad Casablanca received for winning the 2022 final.
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In the CAF Confederation Cup, the prize money for the winner has also been increased from $1,250,000 to $2,000,000 while the beaten finalist will earn $1,000,000.
For reaching the quarter finals, Rivers United will receive a sum of $550,000 which is over N250,000,000 in official rates. For a team that hardly received any serious fines or punishments from CAF during their campaign, the bulk of the cash reward will be received by the club.
Rivers United will be bidding to make another return to CAF competitions next season when they participate in the season-ending NPFL Super Six which holds in Lagos next month.