The Confederation of African Football has announced that last year's Nations Cup hosted in Ghana generated abnormal revenue.
According to CAF Finance Commission boss, Suketu Patel, the tournament brought in about US$ 4.25 million, surpassing the minimum guarantee of US$ 3.8 million.
Caf also said gate proceeds from the 20 January- 10 February tournament were US$ 800,000, twice what was projected.
This news comes a plus for the local organizing committee which came under a lot of criticism.
Ghana won bronze after beating Ivory Coast in the third-placed match at the Baba Yara Stadium.
Meanwhile the Ghana Football Association will be US$ 35,000 richer as a result of a new sponsorship deal secured for this month's African Nations Championship (CHAN) slated for Ivory Coast.
Caf has also renewed its sponsorship agreement with sports equipment manufacturers, adidas.
An improved deal will earn Caf over 46 million euros for the next eight years.
Source: Ghanasoccernet
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Eight ways to stay happier this year, according to science
19 minutes -
NDC majority cannot do the work of nation building alone – Mahama
23 minutes -
Inside Ofei’s scouting strategy to build Ghana’s next generation of stars
47 minutes -
EC properly declared Ebi Bright winner of Tema Central parliamentary election – Edudzi tells court
1 hour -
Ghana Mineworkers’ Union commends gov’t for issuing mining leases to Heath Goldfields, rejects claims from FGR/Blue Gold
1 hour -
Cradle Care brings Christmas joy to Korle Bu Children’s Block
2 hours -
GPL 2024/25: Kofi Asmah scores as Medeama beat Karela United
2 hours -
High Court concludes hearings on 4 disputed constituencies, judgment set for Jan. 4
2 hours -
Tema ECG loses cables to fire
2 hours -
Make appropriate orders to enable us complete the collation – EC lawyers to court
3 hours -
Transformational daily publication for Ghanaian CEOs launches in January
4 hours -
Frank Pedro Asare: Eulogising the man Sammy Gyamfi
4 hours -
Ghana’s destiny lies in unity, hard work and humility – Rev Emmanuel Wisdom Ashiaby
4 hours -
Embrace the spirit of obedience – Rev Dr Steven Twene
5 hours -
Emmanuel Praise Choir-Atonsu thrills patrons at 5th Altar of Praise concert
5 hours