Tanzanian giants Simba SC banked hundreds of millions despite losing in the CAF Confederation Cup final, consequently finishing second.Follow our WhatsApp channel for more newsSimba faced reigning Moroccan champions RS Berkane in a two-legged CAF Confederation Cup final, where they lost 3-1 on aggregate. 2-0 in the first leg away and a 1-1 draw in the second leg at home.TACTICAL ANALYSIS: Mamelodi Sundowns’ flaw that cost them against Pyramids FCDespite losing the coveted trophy, the Tanzanian club earned USD1 million (approximately Ksh129 million/Tsh 2.695 billion).The amount will go a long way in supporting the club’s activities and increasing their financial muscle ahead of the new season, which underscores the importance of the competition.##NAJAVA_MECA_8947836##CAF Confederation Cup winners Berkane, on the other hand, are USD2 million (approximately Ksh258 million) richer courtesy of lifting the trophy.The amounts come after CAF announced an increase in the prize money structure of CAF Competitions in 2024.Harambee Stars duo miss Sunday action in EuropePreviously, CAF Confederation Cup winners pocketed USD1.25 million (approximately Ksh161.25 million) while the runners-up earned USD625,000 (approximately Ksh80 million).Apart from the top two teams, the new structure also sees increased financial benefits to all teams that reach various stages of the competition.##NAJAVA_MECA_8947835##CAF Confederation Cup semi-finalists, in this case Algerian club CS Constantine and Kenya international Brian Mandela’s South African side Stellenbosch, will pocket USD750,000 (approximately Ksh96.75 million).Quarter finalists earn USD550,000 (approximately Ksh70.95 million) while the third and fourth placed teams in the group stage both walk home USD400,000 (approximately Ksh51.6 million) richer.President Ruto’s son George declares loyalty to AFC LeopardsAdditionally, CAF introduced a financial reward for teams participating in the preliminary rounds of both the CAF Confederation Cup and the CAF Champions League.Teams that participate in this stage but fail to reach the group stages of both competitions earn themselves USD50,000 (approximately Ksh6.45 million) ,as was the case with Kenyan clubs Gor Mahia and Kenya Police FC at the start of the season##NAJAVA_MECA_8947834##Simba SC are second in the Tanzanian Premier League table with 69 points, four points shy of league leaders Yanga SC who have played a much more.
