The Confederation of African Football (CAF) has announced an increment in prize money for the teams starting this year.
The new increment sees a 52% rise in the cash prize for all teams who qualified for the 2024 edition to be held in Morocco this month.
CAF first introduced prize money for the competition in 2022 after the inaugural edition, which did not offer cash prizes to the competing teams.
In the last two editions, each team walked away with a cash prize of $100,000. While the eventual winners got $400,000.00, the runners-up and semifinalists took home $250,000.00 and $200,000.00 respectively.
With the new increment, each team is assured at least $150,000.00 while the winner is expected to claim $600,000.00 as prize money.
Here is the full statement from CAF:
The 2024 CAF Women's Champions League will start on Saturday, November 9, with the final scheduled for November 23.
Latest Stories
-
Top 20 Ghanaian songs released in 2024
13 minutes -
Beating Messi’s Inter Miami to MLS Cup feels amazing – Joseph Paintsil
27 minutes -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
38 minutes -
Kudus sights ‘authority and kingship’ for elephant stool celebration
39 minutes -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
1 hour -
Nana Aba Anamoah, Cwesi Oteng special guests for Philip Nai and Friends’ charity event
1 hour -
Environmental protection officers receive training on how to tackle climate change
1 hour -
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
2 hours -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
3 hours -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
3 hours -
Ban on smoking in public: FDA engages food service establishments on compliance
3 hours -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
3 hours -
GEPA commits to building robust systems that empower MSMEs
3 hours -
Twifo Atti-Morkwa poultry farmers in distress due to high cost of feed
3 hours -
Central Region PURC assures residents of constant water, power supply during yuletide
3 hours