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Official: Jordaan & Co. Poised To Receive Massive CAF Salary

Official: Jordaan & Co. Poised To Receive Massive CAF Salary

With each CAF member association set to receive an annual contribution increase, it has also been confirmed presidents such as Danny Jordaan will take home a massive annual salary.

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This past weekend, African football's governing body confirmed that all 54 of its member associations will see a significant increase in their annual grants.

What was previously a $250 000 (R4.3 million) cash injection from the Cairo-based institution has now gone up by more than 50%, with football federations across the continent now set to receive $400 000 (R7 million) every year.

Earlier this week, representatives from all of CAF's member associations met in the Ethiopian capital Addis Ababa for the 46th CAF Ordinary General Assembly.

The proceedings were led by president Patrice Motsepe and multiple topics were discussed.

The chiefs from the football associations voted on various amendments to CAF statutes, and one of those that were approved was that, of the $400 000 that each nation will be receiving, its president will be paid an annual salary of $50 000 (bout R879 000).

Motsepe also stated that while they have made significant strides in increasing the grant money, he wants each member association to be receiving $1 million (R17.5 million) annually by 2026.

The former Mamelodi Sundowns president is expected to stand for re-election as CAF president next year, and is perhaps planting the seeds for his campaign with initiatives such as these.

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A second term from the Pretoria native would likely be welcomed as, under his reign, CAF witnessed the most profitable Africa Cup of Nations in the Ivory Coast earlier this year, with the South African philanthropist telling the congress that the continental showpiece generated $72 million (R1.2 billion) profit, a massive increase on the $4 million (R70.3 million) the previous edition in Cameroon made.

By Kamogelo Motecwane

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