The Confederation of African Football (CAF) congress has approved a proposal to award each association president an annual salary of $50,000 (approximately Shs183 million). In Uganda, this boost will go to Federation of Uganda Football Associations (FUFA) president Moses Magogo.
This initiative is part of CAF’s broader financial plan, with the funds coming from a $400,000 (about Shs1.4 billion) annual budget set aside for member contributions. The financial growth of the organization was highlighted by CAF president Patrice Motsepe, who announced that CAF had made a substantial profit of $72 million (around Shs263 billion) from the 2023 Africa Cup of Nations in Côte d’Ivoire. This marked a dramatic increase from the $4 million (Shs15 billion) profit made during the 2021 tournament in Cameroon.
Looking ahead, CAF projects revenue of almost $150 million (about Shs549 billion) for the 2024-2025 financial year, with estimated expenses of $138.2 million (Shs505 billion). Around 30% of this budget will be allocated to development programs and contributions for CAF’s 54 member associations, reflecting the organization’s focus on growth at the grassroots level.
Motsepe, who is expected to seek re-election next year, outlined his ambitious vision for African football, aiming to boost the sport’s revenue to $1 billion over the next eight years. “We are having extensive discussions with potential sponsors,” he revealed to the congress.
In addition, Motsepe announced plans to provide $1 million (about Shs3.7 billion) annually to each member association by 2026, further emphasizing CAF’s commitment to strengthening football across the continent.
