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AFCON 2023: Black Stars to receive $700,000 share of prize money

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Black Stars budget will be made public – President Mahama

Black Stars budget will be made public – President Mahama

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Ghana’s Black Stars are one of two teams set to receive a $700,000 consolation prize following their third-place finish in Group B of the 2023 Africa Cup of Nations (AFCON).

Despite falling short of qualification for the knockout stages, their performance secured a share of the tournament’s $34.6 million prize money.

The Black Stars’ journey in the tournament included a 2-1 loss to eventual Group B winners, Cape Verde, followed by two 2-2 draws against Egypt and Mozambique. This positioned them third in the group, behind Cape Verde and Egypt but ahead of Mozambique.

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They were accompanied by Zambia as one of the two teams finishing third but missing out on the opportunity to qualify, as only four of the third-best-placed teams could progress in the competition.

Breakdown

On Wednesday, the Confederation of African Football (CAF), in a statement, provided details on how the entire $34.6 million prize money would be distributed among the 24 participating teams.
According to the breakdown, the six teams finishing at the bottom (fourth) of the six groups will receive $500,000 each, while the eight teams exiting at the round of 16 will be awarded $800,000 each.

The four losing quarterfinalists will each receive $1,300,000 and the two losing semi-finalists will be granted $2.5 million for their efforts.

The losing finalist, determined after the final on Sunday, February 11, 2024, will receive $4 million and the winner of the competition will claim $7 million.

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