The Confederation of African Football (CAF) has officially released the cash entitlements of all teams that participated at the 5th African Nations Championship (CHAN) which recently concluded in Morocco.
The money is spread in such a way that each of the sixteen teams that participated in the tournament would have a share.
According to the official figures revealed, hosts and eventual champions, Morocco will earn $750,000 while second –placed CHAN Eagles of Nigeria will pocket the sum of $400,000 and semi-finalists Sudan (eventual bronze medallists) and Libya are entitled to the sum of $250,000 each.
The four teams that crashed out at the quarter-final stage, viz Namibia, Zambia, Angola and Congo will get $175,000 each, 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 smile to the bank with $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 would be paid,” NFF President Amaju Pinnick, a Member of both the CAF Executive Committee and the CAF Emergency Committee, told thenff.com on Wednesday.