CAF have confirmed the prize money for the upcoming African Football League.
The tournament gets underway later this month and will feature eight teams from the African continent.
Simba SC and Champions League holders Al Ahly will open the tournament on 20 October in Dar es Salaam, Tanzania.
Read: Ramoreboli reflects on how Galaxy ended Bucs' CL journey
Statement:
The Prize Money for the AFL is as follows:
$4 000 000 for the Winner
$3 000 000 for the Runner-up
$1 700 000 for each of the Semi-finalists
$1 000 000 for each of the Quarter-finalists
The Prize Money is appealing and competitive as the Winning Club will only play 6 matches to win the substantial Prize Money of $ 4 000 000.
The other popular and top-ranked football Clubs participating in the Inaugural AFL are Enyimba FC (Nigeria), Wydad AC (Morocco), Mamelodi Sundowns FC (South Africa), TP Mazembe (DR Congo), Espérance Sportive de Tunis (Tunisia) and Atlético Petróleos de Luanda (Angola).
The AFL is a CAF competition established in partnership with FIFA. One of the main objectives for forming the AFL is to ensure that the quality of African Club football is globally competitive and that African football Clubs are commercially viable. The AFL will also contribute to the development and growth of Youth football talent on the African Continent.
CAF's intention, is that all the 54 CAF Member Associations including the countries that may not have football Clubs in the AFL should benefit and receive financial contributions from the commercial viability and success of the AFL.
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