Qualifying for the group stage of the Caf Confederation Cup earns a club a prize money of $275,000 (Ksh27,500,000) on paper. In reality, however, clubs take home just about half of the total sum.
Gor Mahia, who became the first Kenyan club to qualify for the round of 16 last year, actually pocketed $183,365 (Ksh18, 336,500) against a budget of over Ksh30,000,000 they needed to finance the continental campaign.
According to breakdown from CAF in possession of Kahawa Tungu sports desk, after sending half of the money (Ksh13,750,000) to clubs, the continental football body retains the other half where they make several deductions before releasing the remainder.
K’Ogalo for example only banked Ksh4,586,700 from the second installment paid in December last year.
Some of the deductions includes, TV technical costs, marketing technical cost, subscription and fines.
Gor Mahia was fined Ksh600,000 for two different violations. This season they are already liable for a fine of Ksh1 million after defenders Joash Onyango and Harun Shakava were found guilty of misconduct.
The club is also likely to be fined further after a section of their fans threw missiles into the field after conceding the second goal against Zamalek on Sunday at the Kasarani Stadium.
Kahawa Tungu can confirm that the day’s match commissioner jotted down the incident in his book.
Below is the financial breakdown from CAF:
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