New Era for African Women’s Football: CAF Unveils Lucrative Prize Money for 2023 Winners
The Confederation of African Football (CAF) has lifted the curtain on the prize money for this year’s CAF Women’s Champions League, promising a significant financial boost for the top women’s football teams on the continent.
This year’s competition is marked by a record-breaking prize for the champions, with the winning team securing a massive $600,000, solidifying the league’s growing reputation and prestige. The runners-up will receive a substantial $400,000, while the teams finishing in third and fourth places will pocket $350,000 and $300,000, respectively.
What’s more, CAF’s innovative prize structure will incentivize teams to strive for excellence and recognizes the growing importance of women’s football in Africa. This bold move by CAF is a testament to the organization’s commitment to empowering women’s football across the continent.
Every team participating in the tournament will receive a minimum participation fee of $150,000, ensuring that even teams that don’t make it to the later stages of the competition will benefit financially from their participation.
The Edo Queens, Nigerian champions, are set to make their debut in the coveted tournament, marking a historic milestone for the club as they take on the best teams in Africa. This competition promises to showcase exceptional talent, while also fostering greater interest and investment in the sport across the continent.
The tournament is scheduled to take place from November 9 to November 23, with matches being held in the vibrant cities of El Jadida and Casablanca, Morocco. This year’s event is poised to be a defining moment for women’s football in Africa, solidifying its place in the hearts of millions of fans across the continent.