None
EN
Afcon’s biennial switch cost African governing body deal worth more than $1bn
['Osasu Obayiuwana']
The Guardian
A deal worth at least $1bn in secured income over eight years was abandoned by the Confederation of African Football (Caf) because the governing body decided to switch the Africa Cup of Nations from a biennial to a four-yearly event, the Guardian can reveal.
“We announced in Addis Ababa this $1bn partnership that we are looking at over the next eight years.
View image in fullscreen Patrice Motsepe (left) said in 2025 that ‘good progress’ was being made over a $1bn deal for Caf.
Photograph: Angela Weiss/AFP/Getty ImagesIt has been seven years since Caf has had a long-term deal to secure its financial future.
But that agreement was unilaterally terminated in December 2019 during the tenure of Ahmad Ahmad, Hayatou’s successor as Caf president.