Home Sports CAF Nears $1 Billion Broadcast Deal to Transform African Football
Sports

CAF Nears $1 Billion Broadcast Deal to Transform African Football

Share
Share

The Confederation of African Football (CAF) is on the verge of finalising a landmark eight-year broadcast deal valued at one billion US dollars, aimed at reshaping the financial future of African football.

CAF President Patrice Motsepe made the announcement in Nairobi on Saturday following a meeting of the CAF Executive Committee. He also engaged with presidents of all 54 member associations across the continent.

The deal, centred on broadcast rights for CAF’s flagship competitions, is expected to provide a significant boost to revenue streams and strengthen the organisation’s ability to develop football infrastructure and talent across Africa.

“CAF is about to conclude a historic agreement that will change the fortunes of African football for generations to come,” Motsepe said.

The announcement coincided with the closing stages of the Africa Nations Championship (CHAN), which Kenya co-hosted with Uganda and Tanzania. The tournament, hailed as the most successful edition in CAF’s history, concludes Saturday evening with a final showdown between Morocco and Madagascar at Nairobi’s main stadium.

If sealed, the billion-dollar deal will mark one of the most lucrative commercial agreements in the history of African sport.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Sports

CAF President Motsepe Holds Media Briefing in Nairobi

Confederation of African Football (CAF) President, Dr. Patrice Motsepe, on Saturday addressed...

Sports

Premier League Sets New Record with £3bn Summer Transfer Spending

Premier League clubs shattered records in the summer transfer window, spending a...

Sports

Bafana Bafana Suffer Double Blow as Okon, Maswanganyi Withdraw from Squad

South Africa’s preparations for the 2026 FIFA World Cup qualifiers have suffered...

Sports

Super Eagles Camp Swells to 13 Ahead of World Cup Qualifiers Against Rwanda, South Africa

The Super Eagles’ training camp in Ikot Ekpene has grown to 13...