Ghana's representatives in this year's CAF inter-club competitions, Samatex and Nsoatreman FC, will receive $50,000 each for participating in the preliminary rounds of the Champions League and Confederation Cup, respectively.
Samatex, the Ghana Premier League champions, will face Cameroon's Victoria United over two legs, while Nsoatreman FC, winners of Ghana's FA Cup, will square off against Elect Sport FC of Chad.
Previously, there was no prize money for the preliminary rounds. However, on Friday, 16th August 2024, CAF announced that $50,000 has been made available for clubs in the first phase of the competitions.
"In line with the Confédération Africaine de Football (CAF) President, Dr Patrice Motsepe’s promise to improve club competitions and provide more financial assistance to clubs, those participating in the Preliminary Stages of the TotalEnergies CAF Champions League and TotalEnergies CAF Confederation Cup will receive USD 50,000 each," a statement on the CAF website said.
The statement added: "This is the first time CAF has offered financial assistance to clubs at this stage of the competition. Previously, clubs needed to reach the group stages to be eligible to share the overall prize money."
There has also been an increase in prize money across the board, with the winner of the Champions League now receiving $4 million, up from the $2.5 million awarded in 2022.
"Winners of the TotalEnergies CAF Champions League will now take home USD 4,000,000 – compared to the USD 2,500,000 they received in 2022. Winners of the TotalEnergies CAF Confederation Cup will now take home USD 2,000,000 – compared to the USD 1,200,000 they received in 2022.
"Last year, clubs benefited from the financial injection provided by the African Football League, which offered a total prize money of USD 8,000,000.
TOTALENERGIES CAF CHAMPIONS LEAGUE
Position | Prize Money
Winner | USD 4,000,000
Runner-up | USD 2,000,000
Semi-Finalists | USD 1,200,000
Quarter-finalists | USD 900,000
3rd in Group | USD 700,000
4th in Group | USD 700,000
TOTALENERGIES CAF CONFEDERATION CUP
Position | Prize Money
Winner | USD 2,000,000
Runner-up | USD 1,000,000
Semi-finalists | USD 750,000
Quarter-finalists | USD 550,000
3rd in Group | USD 400,000
4th in Group | USD 400,000
"This significant step by CAF addresses the long-standing concerns from clubs regarding the escalating travelling and logistical costs associated with playing in continental club football.
"This financial boost for preliminary round participants complements the existing prize money structure for the later stages of both competitions.
"This move is expected to incentivise more clubs to participate in continental competitions and raise the overall standard of club football in Africa.
"Prize Money Structure: Preliminary Round (Both Competitions): USD 50,000 per club."
The return legs of the preliminary round will be played from 23-25 August 2024.
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