GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Sports

CAF Secures $10m Advance From FIFA For African World Cup Teams For Player Bonuses

April 30, 2018
in Sports
Share on FacebookShare on Twitter

An initiative by the new leadership of CAF has secured $10 million advance payment from FIFA to help the five African countries playing at the World Cup in June.

You Might Also Like

The Top Young Players to Watch in the Premier League

Ghana Forward Caleb Ekuban Scores for Trabzonspor’s in Loss Against Denizlispor

African NFL Players You Need to Know

FIFA will give five countries a $2 million advance each on World Cup prize money to pay player bonuses before the tournament in Russia after an approach by the Ahmad Ahmad led body.

This means each African side will have will have $4m to prepare for the World Cup and give the players the sound mind to concentrate on the competition.

Five months ago Ahmad set up a committee, led by his deputy Kwesi Nyantakyi, to examine ways African countries can avert problems that bedevil their participation at the World Cup.

The committee came up with ways of addressing problems of African sides at the global tournament with financial advance payments as one of the key recommendations to stop bonus rows.

Ahmad led CAF to make an appeal to FIFA to make advance payments to the African countries so that players can be paid ahead of the tournament to ensure they focus on the competition.

FIFA has now agreed for Egypt, Morocco, Nigeria, Senegal and Tunisia to be paid $10m in advance to help “settle beforehand the question of bonuses,” says CAF.

This comes as a massive boost for the countries representing the continent at the tournament in Russia after the bold move by the new leader of CAF Ahmad Ahmad.

The timely financial boost from FIFA adds to the $2.5m grant CAF will give the five countries representing the continent – the first time CAF is supporting its sides at the World Cup.

The 32 federations sending teams to the World Cup get $1.5 million each from FIFA to prepare, plus at least $8 million in prize money after the tournament.

The winner pf the World Cup gets $38 million.

Ahmad’s initiative is the first time CAF is directly involved in trying to help African countries excel at the tournament as various problems in the past affected the teams from Africa.

Money disputes at previous World Cups “badly affected the image of African football, with a considerable impact on team performances,” CAF says. At the 2014 World Cup: Cameroon arrived late, Ghana’s government flew in $3 million cash to avert a strike, and Nigeria players canceled a team practice.

Nyantakyi, who was in charge of Ghana as the federation president at the 2014 World Cup as well as the 2006 and 2010, was tasked by Ahmad to use his first hand experiences together with the FA Presidents of the five countries to help prevent such occurrences.

This comes as another major achievement for Ahmad who is embarking on major reforms of the continental governing body since taking charge one year ago.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: africaAhmad AhmadAssociation footballCameroonConfederation of African FootballegyptfifaFIFA World Cup qualificationghanaGhana's governmentKwesi NyantakyiMorocconigeriaplayerpresidentRussiaSenegalsportsthe 2014 World Cupthe World CupTunisiaworld cup

Related News

The Top Young Players to Watch in the Premier League

The Top Young Players to Watch in the Premier League

by ghanastar
July 14, 2020
0

The 2019/20 English Premier League season comes to an end this July, with Liverpool already confirmed champions. Despite the unprecedented...

Ghana Forward Caleb Ekuban Scores for Trabzonspor’s in Loss Against Denizlispor

Ghana Forward Caleb Ekuban Scores for Trabzonspor’s in Loss Against Denizlispor

by ghanastar
July 14, 2020
0

Ghana forward Caleb Ekuban scored in the match with Denizlispor but it was not enough as Trabzonspor succumbed to a...

African NFL Players You Need to Know

African NFL Players You Need to Know

by ghanastar
June 12, 2020
0

The National Football League is the pinnacle of American football and a massive industry in the United States. The league...

Jerome Boateng Will Be a Part in Bayern Munich’s Winning Future

Jerome Boateng Will Be a Part in Bayern Munich’s Winning Future

by ghanastar
June 1, 2020
0

As rumours circulated surrounding the future of Bayern Munich’s key central defender Jerome Boateng, the man himself sets the record...

Next Post

Ghanaian Striker Callum Hudson Odoi Scores A Brace As Chelsea Lift FA Youth Cup Title

[Cartoon] General Mosquito Smoked Out

Trending News

Emma M’eni Nwu, Emma M’atamfo Nsere Me(Kyere Me W’akwan)

August 20, 2016

Kept By The Power Of God

August 20, 2016

My Hands Are Blessed

August 20, 2016

About

Read today's latest news headlines from Ghana and Africa. Stay up to date on local business, sports, crime, politics, arts, culture, and more.

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Suicide at Aburi Botanical Gardens: Man Found Dead
  • Ghanaian-American Family Suspects Cover-up in Son’s Death at Fort Rucker Military Base in Alabama US
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com