By Anye Nde Nsoh
Football Writer Kick442.com-Cameroon
Contrary to the normal routine of the Confederation of African Football CAF paying financial entitlements to clubs participating in the CAF Champions league and Confederation cup at the end of the season, the football body has decided to make an advanced payment to clubs.
This is due to the persistence of the coronavirus pandemic which has led to the halting of leagues across the continent. Some countries have eventually cancelled their leagues with champions declared while in some cases countries are hoping to continue when the virus is contained.
Due to the growing financial needs of clubs and the difficult times players and staff are undergoing, CAF has commenced distributing the final tranche of financial rewards to the 32 participating clubs that reached the group stages of the Total CAF Champions League and Total CAF Confederation Cup, 2019/2020, during these trying times.
Ahmad Ahmad, CAF president said:
“The world of football and for that matter African football is going through unprecedented difficulties. The current situation has had a telling effect on African football stakeholders, and CAF is being responsive to the needs of our Clubs, one of our key stakeholders, by facilitating the payment of their prize monies well ahead of time.”
Clubs will receive their entitlements till the quarter finals level when competitions were suspended based on the establised dues. The minimum payment for CAF Champions league is USD550,000 while that of the Confederation Cup is USD 275,000. The final payment will be made at the end of the interclub season.
The body is still monitoring the situation of the virus in the continent while working with the World Health Organisation on the future of activities.
Players are all called upon to stay safe and prepare for the future.
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