CAF Set To Post First Profit In Eight Years

CAF Set To Post First Profit In Eight Years

Sampson Adedeji

The Confederation of African Football (CAF) is set to declare a profit for the first time in eight years following sweeping financial reforms under the leadership of its president, Patrice Motsepe, BSNSports.com.ng reports.

According to reports, CAF was in serious financial distress before Motsepe assumed office in March 2021, with debts estimated at $140 million.

The body’s inability to manage its resources effectively had left it struggling to meet obligations, and concerns were raised about the long-term sustainability of African football administration.

Since taking charge, Motsepe, who is also a South African billionaire businessman, has overseen measures aimed at restoring transparency, improving revenue generation, and strengthening CAF’s commercial partnerships.

Those reforms are now yielding results, with CAF projected to post an $11.7 million profit for the current financial year.

This marks the first time since 2015 that the organization will report a surplus.

In addition, CAF’s annual revenue has now reached $150 million, a major improvement that signals renewed confidence from sponsors and partners in African football. 

Motsepe has repeatedly emphasized that one of his priorities was to make CAF financially stable and credible.

He has also highlighted the importance of investing the surplus back into developing competitions, grassroots programs, and infrastructure across the continent.

The remarkable turnaround stands as one of the key achievements of his tenure, offering renewed hope for African football governance and its ability to compete globally in terms of commercial value.