CAF hands NFF, other member federations $175,000 boost in annual subvention
The Nigerian Football Federation (NFF) will receive $175,000 more in its annual subvention from the Confederation of African Football (CAF). CAF President, Patrice Motsepe, announced the 33% increase in federation subvention on Wednesday, with its members to receive $700,000 annually going forward. The African football governing body revealed that the latest increase in the third […]
The Confederation of African Football (CAF) has announced a $175,000 boost in annual subvention for the Nigerian Football Federation (NFF) and other member federations. CAF President Patrice Motsepe revealed the 33% increase during a press conference, with the new subvention amounting to $700,000 annually. This is the third increase since 2021, when Motsepe assumed leadership of CAF, and the subvention has seen a 250% rise overall, from $200,000 to the current $525,000.
Other regional and club football association bodies also experienced subvention increases, with zonal unions receiving $900,000 from the previous $750,000, and the African Clubs Association getting a $500,000 subvention from the current $400,000. CAF stated that the latest subvention increments demonstrate their commitment to ensuring world-class and self-sustaining football in their 54 member associations.
The financial support is meant to fund various projects, including human development, women and youth football, and improved administration. The announcement represents a significant increase in CAF's financial support for its member associations under Motsepe's leadership, underlining the commitment to investing in football development and strengthening the capacity of member associations.
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