The Confederation of African Football (CAF) has confirmed that the African Super League which FIFA says will be a $200 million league is set to kick off in August 2023.
This was disclosed by the President of the Confederation of African Football (CAF), Patrice Motsepe, on Sunday, at the confederation’s Executive Committee.
Motsepe explained that the league would be launched in Tanzania this August, adding that other details of the competition, including the official name, would be unveiled at the launch event.
According to him, the league will be an economic generator for African football, as winners and participating association will receive significant prize monies.
Also, proceeds from the tournament will include substantial solidarity payments to all 54 CAF Member-Associations.
The CAF President further disclosed that investors and sponsors for the Super League have shown interest.
“The decision has now been taken to implement the CAF Super League. It will start in August 2023 and we will launch it during CAF’s 44th Ordinary Assembly in Tanzania on August 10,”
“We have been inundated with investors and sponsors, who are anxious to partner with us on the CAF Super League. It has huge potential to significantly uplift African football and to make it even more powerful.”
“We will be engaging with stakeholders over the next few weeks to discuss the mechanics of the tournament and will release further details shortly.
“A significant amount of the money from the CAF Super League will be invested back into African football and part of the process involves giving $1 million every year to every one of CAF’s 54 Member Associations as a contribution to football and youth development.
“We also want to look to increase the prize money for the men’s and women’s CAF Champions Leagues.”