CAF Officially Launches $100m Africa Super League 

Competition is expected to generate $200m annually
2 years ago
1 min read

 

The Confederation of African Football (CAF) on Wednesday officially launched the Africa Super League reports Prime Business Africa.

The launching was carried during CAF’s Ordinary General Assembly in Tanzania

The competition, the African version of the ill-fated European Super League that put some European clubs like Real Madrid, Barcelona and Juventus on the bad books of FIFA and UEFA is expected to generate about $200m dollars annually.

While half of the amount (100 million dollars) shall be shared between participating clubs, the other half shall be invested in football development across Africa, with each of CAF’s 54 member associations expected to receive at least one million dollars yearly as contribution to youth and football development.

Consequent upon the Super League, CAF shall also be able to increase the prize money of the Men’s and Women’s CAF Champions League.

In launching the Africa Super League, ASL, CAF President, Patrice Mostepe said, “We are excited about the CAF Africa Super League and are confident that it will change the face and competitiveness of CAF and African football.

“The CAF Executive Committee (“EXCO”) took a decision to launch the CAF Africa Super League in August 2022. This League will officially kick-off in August 2023.

“We announced on 3 July 2022 that the total prize money of the CAF Africa Super League will be USD 100 million, with the winner receiving USD 11.5 million.

“We intend paying each Member Association USD 1 million per annum from the CAF Africa Super League funds. We also intend allocating USD 50 million to CAF from these funds for Youth and Women’s football development and for all its other competitions to ensure that they are globally competitive.

“Participating clubs must have a women’s team and an academy,” the CAF President further disclosed.

The competition is set to begin in August 2023 with 24 clubs from 16 countries, with 197 matches to be played

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

In October 2004, Okosi joined Complete Communications Limited, publishers of Complete Sports newspaper and Complete Football magazine as a reporter and later script writer for the Complete Sports studio.

He worked there for 13 years until October 2017.

Okosi also worked various times as Correspondent, Content creator and Editor at Sports Market International Magazine, Opera News, All Nigeria Soccer Media and Iconic Media Watch.

He also undertook freelance writing gigs for some local and international organizations.

Okosi is a member of the Actors Guild of Nigeria (AGN), Association of Movie Producers (AMP), Association of Voiceover Artistes of Nigeria (AVOA), Sports Writers Association of Nigeria (SWAN) and Nigeria Union of Journalists (NUJ).

He has been part of cast in some Nollywood movies and radio dramas including Blood Money 2, Scores To Settle, Dead End 2, Another Campus Tale and Battle Line.

Aside mainstream media and the entertainment industry, he has interests in scouting/unearthing of talents in the sports and creative sectors, exports business and property development.

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

In October 2004, Okosi joined Complete Communications Limited, publishers of Complete Sports newspaper and Complete Football magazine as a reporter and later script writer for the Complete Sports studio.

He worked there for 13 years until October 2017.

Okosi also worked various times as Correspondent, Content creator and Editor at Sports Market International Magazine, Opera News, All Nigeria Soccer Media and Iconic Media Watch.

He also undertook freelance writing gigs for some local and international organizations.

Okosi is a member of the Actors Guild of Nigeria (AGN), Association of Movie Producers (AMP), Association of Voiceover Artistes of Nigeria (AVOA), Sports Writers Association of Nigeria (SWAN) and Nigeria Union of Journalists (NUJ).

He has been part of cast in some Nollywood movies and radio dramas including Blood Money 2, Scores To Settle, Dead End 2, Another Campus Tale and Battle Line.

Aside mainstream media and the entertainment industry, he has interests in scouting/unearthing of talents in the sports and creative sectors, exports business and property development.


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