CAF has declared financial profits for the first time in many years following organisational turn-around adopted in 2021.
The continental football governing body made the announcement at its 47th Ordinary General Assembly in Kinshasha, Democratic Republic of Congo.
CAR reported a net profit of 9.48m dollars for the 2023-2024 financial year with continued revenue growth of up to 166.42m dollars.
The report marks a return to profitability, reevrsing several years of financial deficits and achieving significant growth as part of the organisation’s turnaround strategy adopted in 2021.
This achievement reflects a strong increase in commercial revenues,driven by the growing appeal of African football, the addition of new sponsors,and the implementation of strict financial controls by the CAF leadership.
Four years ago,when CAF was facing a significant financial deficit and multiple challenges including several legal disputes President Motsepe initiated a strategic
turnaround plan aimed at making CAF and African football globally competitive and financially self sustaining.
Aside declaration of profit, CAF has significantly increased the investment in competitions, prize monies,financial support for zonal unions and member associations, and spending through development programmes.
Expenditure priorities are aligned to football growth-prize mone,$81m, tournamnet organisation $19m, football developemnt $35m and governance and administration $21m. CAF has strengthened its global positioning through high profile partnership agreements, ensuring that African football remains a premier platform for global brands. CAF sponsors and partners have now grown to 16 in 2024-25
CAF President , Patrice Motsepe said “We have been enormously successful in the last five years. The revenues have been quadrupled.’
He stated ‘It’s important for me: zero tolerance of bribery and corruption. All the monies go into football development.’
Motsepe also pointed out ‘We have doubled what the Member Associations get.
We spent $400 million on competitions and investing in youth football.’
He stressed ‘We want to pay players more money and help our national teams too.
Football must develop and grow in Africa.”
Presenting the budget for next year, CAF 1st Vice President Fouzi Lekjaa highlighted key projections for the upcoming financial year:
Revenue: $312.85 million
Expenditure: $284.39 million
Projected Surplus: $28.45 million
He further broken down the figures on revenue and expenditure for 2025-26:
Revenue:
* Sponsorship: $111.2 million
* TV & Media Rights: $81.2 million
* Marketing Agency: $77.5 million
* Ticketing & Hospitality: $20 million
* FIFA Forward 3.0: $22.5 million
* Other Income: $0.5 million
Expenditure:
* Prize Money: $125.4 million
* Tournament Organization: $47.0 million
* Development Cost: $57.0 million
* Solidarity per Club: $100,000
* African Club Association: $400,000
* Governance: $43.5 million
CAF stated that 85% of total revenue will be reinvested into football development across the continent.
CAF MEDIA
