Confederation of African Football (CAF) has begun the disbursement of financial rewards to Enyimba FC and Enugu Rangers for participating in this season’s continental clubs’ competitions.
The two teams according to report will get $625,000 with Enyimba earning $350,000 while Rangers will pocket $275, 000 for their efforts in the Confederations Cup Club championship.
According to CAF, the early disbursement is to reduce the financial burden carried by the 32 affected clubs during the current trying times occasioned by the COVID-19 pandemic, leading to the suspension of football activities.
CAF stated that the distribution, which has since commenced, is to reduce the financial burden on the 32 clubs that reached the group stages of the CAF Champions League and CAF Confederation Cup, during these trying times.
“Clubs will receive their dues based on the established prize monies for each competition till the quarter-final stage, when the two competitions were suspended indefinitely due to COVID-19”.
The minimum guaranteed for clubs participating in the CAF Champions League is $550,000. That is for the clubs that dropped out after the group stage.
No Nigerian club made it to the group stage in the more lucrative CAF Champions League.