AFCON 2023 prize money breakdown revealed

AFCON 2023 prize money breakdown revealed

The overall winner will take home slightly over Ksh 1 Billion

As the Africa Cup of Nations (AFCON) 2023 tournament progresses, the excitement on the field is matched by the anticipation surrounding the prize money awaiting the eventual winners. With millions of dollars up for grabs, teams from across the continent are not only competing for footballing glory but also for a share of the lucrative financial rewards.

The latest figures released outline the breakdown of prize money for the tournament, with the eventual champions set to claim a staggering $7 million (equivalent to approximately 1,123,500,000 Kenyan Shilling). This substantial sum serves as a powerful incentive for teams to push themselves to the limit in pursuit of victory.

Close behind, the runners-up stand to secure a commendable $4 million (approximately 642,000,000 Ksh), providing ample motivation for teams to strive for success even if they fall short of the ultimate prize. Additionally, semi-finalists, quarter-finalists, and teams reaching the round of 16 are all in line for significant financial rewards, reflecting the tournament's commitment to rewarding excellence at every stage.

However, the competition isn't just about the top-performing teams. Even those who do not progress beyond the group stage stand to receive substantial payouts, with teams ranked 3rd in their groups but failing to qualify for the round of 16 set to earn $700,000 each (Approximately 112,350,000 Ksh each). Similarly, the teams ranked 4th in each of the 6 groups will also receive a share of the prize money, highlighting the inclusive nature of the tournament's reward structure.

Here's the breakdown of the figures 

Winner: $7,000,000 (Approximately 1,123,500,000 Ksh )

Runners-up: $4,000,000 (Approximately 642,000,000 Ksh)

Semi-finalists (2 teams): $2,500,000 (Approximately 401,250,000 Ksh each)

Quarter-finalists (4 teams): $1,300,000  (Approximately 208,650,000 each)

Round of 16 (8 teams): $800,000 (Approximately 128,400,000 Ksh each)

The two (2) teams ranked 3rd in their group but fail to qualify for the round of 16 (2 teams):$700,000 (Approximately 112,350,000 Ksh each)

The teams ranked 4th in each of the 6 groups (6 teams): $500,000 (Approximately 80,500,000 Ksh each)

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