2018 CHAN: Home-based Eagles To Get $400k, Not $750k, CAF Prize Money...

2018 CHAN: Home-based Eagles To Get $400k, Not $750k, CAF Prize Money – NFF

CHAN Eagles
CHAN Eagles

The Confederation of African Football (CAF) have officially released the cash payments of all teams that participated at the 2018 African Nations Championship (CHAN) in Morocco, with second-placed Nigeria to earn the sum of $400,000 and not $750,000 as widely reported, the Nigeria Football Federation explained in a press release on Wednesday.

Official figures have now shown that hosts and champions Morocco will pocket the sum of $750,000, with silver medallists Nigeria to earn $400,000 and semi finalists Sudan (eventual bronze medallists) and Libya to pocket the sum of $250,000 each.

The four teams that crashed out at the quarter-final stage Namibia, Zambia, Angola and Congo will each earn $175,000, while the third-placed teams in each of the four preliminary groups will get $125,000 each.

The fourth-placed teams in each of the four groups will each get $100,000.

“CAF has spread the monies in such a way that each of the 16 participating teams at the finals would benefit. No team has received its share yet, but once the finance and audit people conclude their work in a number of weeks, the teams will be paid,” NFF President Amaju Pinnick, a member of both the CAF Executive Committee and the CAF Emergency Committee, told thenff.com on Wednesday.

This means Home Eagles’ players and officials, who have been promised 30 per cent of the bonus by the Nigeria Football Federation, will have to wait to get their money.

Packaged by Lanre Olabisi