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CAF announces increase of $21.6m in commercial revenues

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The Confederation of African Football (CAF), on Thursday, posted commercial revenues of USD $125.2 million – a 17% year on year increase.

The African football governing body made the disclosure at the its 45th Ordinary General Assembly (“OGA”) in Abidjan, Cote d’Ivoire.

CAF said the significant increase of $21.6 million in revenue growth over the previous financial year was largely driven by an increase in both CAF’s sponsorship and television rights, setting the organisation firmly on a path to financial recovery.

The total competition expenses on prize money and tournaments for the year increased by 26% to $78.9 million, as CAF President Dr Patrice Motsepe made good on the organisation’s promise to invest more money in CAF competitions and in making African football self-sustaining.

The body said it had to take some difficult decisions on the longstanding dispute with some of its partners by settling matters out of court.

This, plus other accounting standards provisions recommended by CAF auditors, it noted were fully provided for in the financials.

In the year under review, CAF stated that it recorded an improved total comprehensive loss position of $15.7 million from prior year position.

The Inter Club competitions (TotalEnergies CAF Champions League and TotalEnergies CAF Confederation Cup) CAF Super Cup, CAF Women’s Champions League, FUTSAL and Africa Schools Program are expected to be delivered in the 2023/2024 financial year with a projected budget of $110 million, dedicated to organisation and prize money of these premier competitions.

The increased financial resources for the delivery of CAF Competitions seeks to increase the global popularity and stature of CAF’s blue chip tournaments.

The continental football body further stated that development expenditure increased from $19.3 million to almost $24 million, on account of an increase in the subvention pay out to Member Associations and Zonal Unions for Football Development on the continent.

According to CAF, its  investment in football development is expected to continue with a focus on Women and Youth competitions, capacity development of referees, investment in Video Assistant Referees (VAR) at the zonal level and strengthening governance and controls around funding to the Member Associations and Zones.

CAF has projected a further revenue increase in this financial year – on the back of the upcoming TotalEnergies Africa Cup of Nations Cote d’Ivoire 2023.

The flagship tournament is scheduled to kick off in January 2024 in Cote d’Ivoire and is expected to provide a considerable boost to CAF’s coffers.

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Kane, Yamal, Mbappe, Messi make 2026 Ballon d’Or shortlist

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Harry Kane, Lamine Yamal, Kylian Mbappe and Lionel Messi are among the 30 players nominated for the 2026 men’s Ballon d’Or, with the race for football’s most prestigious individual award officially underway.

The nominees were unveiled on Tuesday, with several of the biggest names in world football making the shortlist following their performances during the 2025/26 season.

The winner of the award will be announced at a ceremony in London on October 26.

Mbappe, Yamal, Kane and Messi headline a star-studded list that also includes Jude Bellingham, Erling Haaland, Vinicius Junior, Ousmane Dembele, Bruno Fernandes, Luis Diaz and Sadio Mane.

Other notable nominees are Rodri, Declan Rice, Lautaro Martinez, Achraf Hakimi, Nuno Mendes, Vitinha, William Saliba and Gabriel Magalhaes.

The Ballon d’Or is awarded annually to the player judged to have produced the outstanding individual performance over the preceding season.

The women’s category also has 30 nominees, including Barcelona stars Alexia Putellas, Caroline Graham Hansen, Patri Guijarro and Ewa Pajor, as well as Arsenal forward Alessia Russo and Manchester City’s Khadija Shaw.

Zambian forward Barbra Banda, Temwa Chawinga, Rose Lavelle, Vivianne Miedema and Wendie Renard are among the other leading names on the women’s shortlist.

Meanwhile, Yamal is also nominated for the Men’s Young Talent of the Year award alongside Pau Cubarsi, Ayyoub Bouaddi, Warren Zaire-Emery and six other players.

The Women’s Young Talent of the Year category has five nominees, including Vicky Lopez and Lily Yohannes.

The nominees for the Men’s Goalkeeper of the Year award include Thibaut Courtois, Emiliano Martinez, David Raya, Yassine Bounou and Unai Simon, while Cata Coll, Hannah Hampton and Ayaka Yamashita are among the five contenders in the women’s category.

For the Men’s Coach of the Year award, Mikel Arteta, Luis de la Fuente, Unai Emery, Vincent Kompany and Luis Enrique have been shortlisted.

The five nominees for the Women’s Coach of the Year award are Jonatan Giraldez, Andree Jeglertz, Nils Nielsen, Pere Romeu and Elena Sadiku.

In the club categories, Arsenal, Bayern Munich, Bodo/Glimt, Flamengo and Paris Saint-Germain are in contention for the Men’s Club of the Year award.

Barcelona, Bayern Munich, Club America, Manchester City and OL Lyonnes are the nominees for the Women’s Club of the Year award.

All eyes will now turn to London, where the winners of the various categories will be crowned on October 26.

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‎Oseni Mobilises Supporters with Free Tickets for Shooting Stars’ Victory ‎

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The All Progressives Congress (APC) candidate for Oyo South Senatorial District, Engr. Aderemi Oseni, has congratulated Shooting Stars Sports Club of Ibadan on their 2-1 victory over newly promoted Inter Lagos in the opening fixture of the 2026/27 Nigeria Premier Football League (NPFL) season.

‎The Oluyole Warriors began their campaign on a winning note at the Lekan Salami Stadium, Adamasingba, Ibadan, on Friday, securing three points in front of their home supporters.
‎‎Ahead of the encounter, the lawmaker mobilised hundreds of supporters to the stadium and provided free tickets for fans to enable them to watch and cheer the Ibadan-based club.

‎The mobilisation, led by members of his youth wing, contributed to the strong home support for Shooting Stars as the team battled the Lagos-based newcomers in an entertaining opening-day encounter.

‎In a statement issued on Friday by his media aide, Idowu Ayodele, who represents, Ibarapa East/Ido Federal Constituency said he was delighted with the victory and commended the players, coaches, management and supporters of the club for starting the new season on a positive note.

The statement added that the gesture was a reflection of Oseni’s passion for sports and his belief that sustained support from the fans could inspire the team to greater achievements during the season.

“ Oseni is a lover of sports and passionate about Shooting Stars. This is one of the ways, among others, that we can support the team and encourage them in their quest for victory,” the statement stressed.

It further explained that the free tickets were provided to encourage more supporters to fill the stands and give the players the backing they needed, particularly in their first home game of the season.

According to the statement, Oseni believes that sports provide an important platform for youth engagement, development and community pride, stressing that Shooting Stars remains a club with a strong place in the identity of Ibadan and Oyo State.

‎On the pitch, Lucky Emmanuel put Shooting Stars ahead in the 15th minute before Inter Lagos equalised through Uchenna Njoku. Sodiq Ibrahim restored the home side’s lead from the penalty spot in first-half stoppage time, with the score remaining 2-1 until the final whistle.

‎The APC chieftain urged the Oluyole Warriors to build on the victory and maintain their winning mentality throughout the season, assuring the team of his continued support and encouragement.

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Oyo APC Demands Probe of N5.5bn Lekan Salami Stadium Renovation

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The Oyo State chapter of the All Progressives Congress has called on the Economic and Financial Crimes Commission and other anti-graft agencies to investigate the N5.5bn reportedly spent on the renovation of the Lekan Salami Stadium, Ibadan, by the administration of Governor Seyi Makinde.

The party made the call following the reported rejection of the stadium by the Confederation of African Football as a venue for Shooting Stars Sports Club’s continental campaign.

Shooting Stars secured qualification for continental football after about 28 years but will reportedly play its home matches in Abeokuta after the Ibadan stadium failed to meet CAF’s requirements.

In a statement made available to journalists in Ibadan on Tuesday, the Oyo APC Publicity Secretary, Olawale Sadare, described the development as disappointing and embarrassing to the state.

The party alleged that the CAF decision had raised questions about the quality of work carried out at the stadium and the funds reportedly committed to its renovation.

Sadare said the state government should explain why a facility said to have gulped N5.5bn could not secure approval to host a continental competition.

He said, “Everyone in the state should ask Governor Makinde to explain the circumstances surrounding the stadium’s failure to secure approval for the CAF Confederation Cup and provide details of the funds committed to its renovation and upgrading.”

The APC also criticised what it described as the alleged delivery of substandard projects by the Makinde administration, citing the recent erosion that reportedly damaged part of a road project in Bodija shortly after its commissioning.

The party said the stadium’s failure to host Shooting Stars’ continental fixtures was particularly unfortunate because the club’s return to African competition after nearly three decades should have provided Oyo State with an opportunity to showcase its sporting infrastructure to a wider African audience.

The APC therefore urged the EFCC and other relevant anti-graft agencies to investigate the award and execution of the stadium project, establish how the funds were spent and make anyone found culpable to face the law.

It also called on the state government to urgently address the deficiencies identified at the stadium and ensure that the facility is upgraded to meet international standards and capable of hosting major continental competitions in the future.

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