CAF President Dr Patrice Motsepe announces a 33% increase in annual funding to USD 700,000 for each of CAF’s 54 Member Associations, alongside USD 900,000 annually for CAF Zonal Unions.
As part of the new structure, each of the CAF Member Association will now receive up to USD 700 000 annually from CAF.
CAF Zonal Unions will also now receive USD 900 000 – an increase from the USD 750 000 representing a 20% increase.
The announcement represents another significant increase in CAF’s financial support for its Member Associations under the leadership of CAF President Dr Motsepe and the CAF Executive Committee, as part of his commitment to making football in each of Africa’s 54 Member Associations world-class and self-sustaining.
In 2021, CAF Member Associations received annual subventions of USD 200,000. This was subsequently doubled to USD 400,000 before increasing to USD 525,000 and now USD 700,000.
Source:Mybrytfmonline.com
