The prize money for the inaugural African Football League (“AFL”) competition, which will comprise the top-ranked and most successful football Clubs on the African Continent, was announced by the Confédération Africaine de Football (“CAF”).
Simba SC (Tanzania) and Al Ahly SC (Egypt) will participate in the AFL, which will begin in Dar es Salaam, Tanzania, on Friday, October 20, 2023.
Due to the Winning Club’s limited opportunity to earn the significant Prize Money of $ 4,000,000, the Prize Money is both attractive and competitive.
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) are among the other well-known and top-ranked football clubs taking part in the inaugural AFL.
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AFL is a CAF event created in collaboration with FIFA. Making African football Clubs commercially viable and ensuring that the level of African Club football is competitive on a worldwide scale are two of the key goals of the AFL. The AFL will also help the continent of Africa’s youth football talent to develop and grow.
The goal of CAF is for all 54 of its member associations, including those from nations that might not have AFL football clubs, to gain from and contribute financially to the AFL’s commercial viability and success.
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