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Stanbic Bank
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FUFA gets US$230.000 for AFCON preparations

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The Federation of Uganda Football Associations (FUFA) has received US237.000 to assist the Uganda Cranes in preparations for the 2017 Africa Cup of Nations tournament in Gabon.

Each of the teams that emerged fourth in the group and qualified for Afcon is entitled to US$475.000 from the Confederation of African Football (CAF), meaning that the disbursement to FUFA represents 50 per cent of the CAF grant.

The Cranes qualified for the 2017 prestigious tournament after a 38-year lull, after their last qualification for the continental tourney held in Ghana in 1978, where they emerged runners-up. Efforts to get comment from FUFA about the developments were futile by press time.

The updated CAF Revenue Grid on disbursements.

Meanwhile, in a related development CAF has also released the ‘updated revenue grid for national teams and clubs within the CAF competitions cycle between 2017 and 2020’, a four-year cycle.

According to the updated structure, CAF will now part with US$16.4 million, up from US10 million, to cater for the disbursements to both national teams and clubs participating in its competitions.

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