Motsepe re-elected as CAF president promising money for everybody

March 12 – Within the newest soccer election by acclamation, Patrice Motsepe has been re-elected because the president of African soccer for one more 4 years, promising the confederation voters new riches of $1 billion.

The South African mining tycoon wanted solely the Confederation of African Soccer (CAF) members’ applause to safe a second time period because the continent’s soccer chief. He ran unopposed, reflecting a rising development within the sport of ‘elections’ by acclamation. Final October, Motsepe mentioned widespread help among the many membership as the explanation to hunt a renewal of his mandate till 2029.

Motsepe, who got here to energy in 2021 following the ‘Pact of Rabat’ and with the help of FIFA boss Gianni Infantino, promised the membership a cash-rich future.

“The tender is open for the $1 billion contribution to African soccer over the following eight years and it’s going very nicely,” mentioned Motsepe. “We have now to adjust to Comesa, as a result of there are rules in Comesa that you simply can’t conclude an settlement for greater than 4 years. We don’t solely should comply, however we respect these rules. And most of the companions we’re speaking to are saying, however, , president of CAF, you need $1 billion, however we gives you $1 billion, however we want extra years.”

“So the goal is to offer each African nation, each African nation $1 million, beginning round about 2026.”

Earlier this week, CAF started the seek for a advertising and marketing company with the launch of a young for media, broadcast and sponsorship rights for the confederation’s nationwide groups competitions together with the 2027 and 2029 Africa Cup of Nations tournaments.

Motsepe arrived at CAF when the organisation was reeling from the lack of a $1 billion contract with French company Lagardere. Strapped for money, CAF had been pressured to pay a $50 million settlement.

Nevertheless, Motsepe, who has at all times talked up partnerships with the personal sector, first spoke of a brand new mammoth company deal on the final Africa Cup of Nations.

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