President of the Confederation of African football, Issa Hayatou has confirmed that the winner of the Africa Cup of Nations, which kicks off on 14 January in Gabon, will take home 4 million US Dollars compared to the 1.5 Million Dollars for the last four editions.
According to him, the year 2017 starts a new cycle in the marketing of the commercialisation and media rights of CAF competitions, with the premiums paid to the participating teams, in some cases multiplied by three or more.
Delivering a speech at the Glo-CAF Awards 2016 ceremony held in Abuja yesterday, Mr. Issa Hayatou recalled that there were only three (3) competitions when he was elected CAF president but can now count about ten (10) regularly organised competitions which follow a well-planned schedule.
Mr. Hayatou expressed satisfaction at the historic qualification of Guinea-Bissau for to the 2017 AFCON in Gabon and described it as a reassurance that CAF’s actions are enabling a veritable upward movement, as nations hitherto considered as minnows are now joining great nations in the spotlight.
He expressed gratitude to Mr. Mike Adenuga, the founder of Globacom for his multi-facetted support to the development of football in Africa.