CAF have officially announced the prize money for the Inaugural African Football League, which gets underway later this month.
The eight-team tournament will begin on 20 October in Dar es Salaam, with Tanzanian side Simba SC taking on African champions Al Ahly.
Read: Al Ahly African Football League 'Resolve' Money Dispute
The African football governing body have confirmed that the win of the Football League will walk away with a mammoth $4 000 000.
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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