{"id":300912,"date":"2011-03-11T10:30:30","date_gmt":"2011-03-11T10:30:30","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/11\/cash-boost-for-african-football\/"},"modified":"2011-03-11T10:30:30","modified_gmt":"2011-03-11T10:30:30","slug":"cash-boost-for-african-football","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/11\/cash-boost-for-african-football\/","title":{"rendered":"Cash boost for African football"},"content":{"rendered":"
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\n\t\t\t\t\"Caf<\/p>\n

All of Caf’s main competitions will be sponsored by Orange<\/p>\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n

<\/p>\n

African football will earn almost $140m in television and marketing revenue from its competitions over the seven years to 2017.<\/b><\/p>\n

The Confederation of African Football (Caf) financial statements show a jump of more than 100 percent in revenue. <\/p>\n

All the money is from sports agency Sportfive, which has blanket rights to the major African competitions. <\/p>\n

The French firm is providing a minimum guarantee of $137m for the rights to six different competitions. <\/p>\n

There will be $46.8 million for four successive editions of the Africa Cup of Nations, starting with last year’s tournament in Angola to the 2015 finals in Morocco. <\/p>\n

Up to 2008, Caf earned $5.5 million every two years for Nations Cup rights. <\/p>\n

A seven-year deal for the rights to the African Champions League and the African Confederation Cup, the two annual club competitions, will earn Caf $71.4 million through to 2017. <\/p>\n

African football’s governing body was previously paid $5 million annually for the club competition rights although before 1997 they did not generate any money. <\/p>\n

Caf will earn a further $17 million until 2015 for the African Nations Championship, a new tournament for national sides held every two years made up of locally-based players. <\/p>\n

Sportfive, part of Lagardere Sports, has also paid $2.25 million for the rights until 2016 to the African Youth Championships at under-20 level and the African Under-17 Championship, both of which are held every two years. <\/p>\n

The Caf financial report for 2010, released to reporters on Thursday, showed a surplus of $15.53 million, a big jump on the operating profit of under $1 million announced one year ago.\n<\/p>\n

<\/p>\n<\/div>\n

<\/p>\n

See the original post here:
\nCash boost for African football<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

All of Caf’s main competitions will be sponsored by Orange African football will earn almost $140m in television and marketing revenue from its competitions over the seven years to 2017. The Confederation of African Football (Caf) financial statements show a jump of more than 100 percent in revenue. All the money is from sports agency Sportfive, which has blanket rights to the major African competitions<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-300912","post","type-post","status-publish","format-standard"],"yoast_head":"\nCash boost for African football - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/11\/cash-boost-for-african-football\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cash boost for African football - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"All of Caf's main competitions will be sponsored by Orange African football will earn almost $140m in television and marketing revenue from its competitions over the seven years to 2017. 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