Sports

CAF Raises AFCON Winner Prize Money To $7m

Published

2 years ago

January 4, 2024

The Confederation of African Football has increased the cash prize money for the upcoming 2023 TotalEnergies African Cup of Nations by 40 per cent.

The continental football body disclosed this on Thursday on its website.

CAF stated that the winner of the 2023 AFCON will receive $7 million while the runner-up will now get $4 million.

Each of the two semi-finalists will receive $2.5 million and each of the four quarter-finalists will get $1.3 million.

The statement, according to the CAF President, Dr. Patrice Motsepeon, read, “CAF has made significant progress over the past two years in increasing the prize money of the AFCON and all its other major competitions.

“We have increased the prize money of the AFCON winner to USD 7,000,000 which is a 40% increase from the previous AFCON prize money.

“I am confident that a portion of the prize money will contribute to developing football and also benefit all the football stakeholders, as well as assist our member associations with their administrations.”

The PUNCH reports that CAF also raised the prize money of the previous AFCON edition in 2022 to $5 million.

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

The decision was taken in Douala, Cameroon, during the meeting of the Executive Committee of the CAF.

The PUNCH reports that the tournament will be held from January 13 to February 11 in Ivory Coast.

Super Eagles coach, Jose Peseiro’s side was drawn in Group A alongside hosts, Ivory Coast, Equatorial Guinea and Guinea Bissau, and have adopted the catch-phrase ‘Let’s Do It Again’ as their battle cry towards winning a fourth Africa Cup of Nations title in early next year.

Sports

EPL: Chelsea Set To Sanction First Summer Transfer Under Alonso

Published

5 minutes ago

May 28, 2026

Editor

Chelsea are set to sanction their first summer transfer under their new manager, Xabi Alonso.

According to the BBC Sport, the Blues are ‘open’ to selling Filip Jorgensen this summer after the goalkeeper indicated his desire to leave Stamford Bridge.

Jorgensen joined the Premier League west London club two seasons ago from Villarreal.

The 24-year-old shot-stopper was expected to compete for the number one position with goalkeeper Robert Sanchez, but he made just 11 Premier League appearances over the two seasons.

However, while the arrival of Alonso to Stamford Bridge could lead to a change in fortunes for Jorgensen, the report added that the Danish star has already expressed his desire to leave Chelsea this summer to get more regular playing game-time elsewhere.

Chelsea had blocked a potential exit for Jorgensen in the January transfer window, but the Premier League west London club are now open to a sale, with European and English clubs expected to explore a deal for the goalkeeper.

Sports

EPL: ‘Go For Alvarez’ – Paul Merson Hands Arsenal Two Signings To Make

Published

2 days ago

May 26, 2026

Editor

Arsenal legend, Paul Merson, has handed his old club two signings to make in the summer.

Merson wants Arsenal to sign Atletico Madrid striker Julian Alvarez and a new midfielder.

“I would get a centre forward this summer, I would go for Julian Alvarez,” Merson said on The Good, The Bad & The Football podcast.

“I am a big fan. If they could get him, I would. I still think they probably need another midfield player as well.”

Arsenal is expected to bolster its squad in the summer after winning the Premier League title ahead of Manchester City this season.

Sports

EPL: Wayne Rooney Picks Most Improved Player This Season

Published

2 days ago

May 26, 2026

Editor

Manchester United legend, Wayne Rooney, has picked the Red Devils defender Luke Shaw as the most improved player in the Premier League following the conclusion of the 2025/26 season.

Speaking on his BBC podcast, Rooney said, “I think, for me, Luke Shaw. I think Luke Shaw has been the most improved player this season.

“I know he is an experienced player now, but I think his level this season has been much better than it has been in recent seasons.

“People might look at Kobbie Mainoo but I don’t think he’s improved. It was just the fact he wasn’t playing under the former manager so it wasn’t good or bad.”

Shaw enjoyed one of his most consistent seasons at Man United and started all of Man United’s Premier League games.