CAF confirms R20 million prize money at stake for Mamelodi Sundowns
By Mark Herman
Mamelodi Sundowns can look forward to banking around R20-million from CAF if they beat Zamalek in the CAF Champions League final.
The Brazilians are guaranteed to pocket at least $1-million (R13.6-million at the current exchange rate) if they end as runners-up to Zamalek, but will walk away with $1.5-million (R20.4m) if they become African champions.
CAF director of communications Junior Binyam confirms the prize money on offer for the 2016 CAF Champions League finalists.
“The winner of the CAF Champions League will receive 1.5-million and the runner-up 1-million, in US dollars,” Binyam tells KickOff.com.
It means that, should Sundowns win the Champions League and also the MTN8 title when they face Bidvest Wits on Saturday, they will have pocketed close to R30-million already with the Absa Premiership, Telkom Knockout and Nedbank Cup still to play for.
The MTN8 winner receives R8-million, there is R7-million for each of the other domestic cups and R10-million for the league.
Including Q-Innovation incentives (R1.5m per quarter), it is still possible for Sundowns – or any other PSL club that earns entry to the Champions League in future – to win a maximum of R58-million in a single season.
This is excluding the huge incentives at the FIFA Club World Cup, which rewards the winner with $5-million (R68.1-million). The African champions are guaranteed at least $500 000 (R6.81-million) for a seventh-placed finish.
Binyam also reveals that CAF, who recently signed an eight-year headline sponsorship agreement with Total, is entering a new commercial cycle and that prize money for their club competitions is likely to increase as of next year, subject to executive committee approval.
It has been reported that the 2017 Champions League participants could be playing for a grand prize of $3.5-million (R47.7-million at the current exchange rate). – KickOff.com