Bafana to receive R1.3million for CHAN

By Drum Digital
22 January 2014

Despite crashing out the African Nations Championship (Chan) at the first hurdle, Bafana Bafana will pocket $125 000 (R1.3m) in prize money for finishing third in their group, it was announced.

Despite crashing out the African Nations Championship (Chan) at the first hurdle, Bafana Bafana will pocket $125 000 in prize money for finishing third in their group, it was announced.

The prize money for Chan would total $3.2 million (about R34m) the Local Organising Committee (LOC) said.

The winner of the tournament would earn $750 000 (about R8.1m), the runner-up $400 000 (about R4.3m), and the third and fourth placed teams $250 000 (about R2.7m) each.

The losing quarter finalists would take home $175 000 (about R1.9m) each, the teams placed third in the group stage $125 000 each, and those placed fourth in the group stage $100 000 (about R1m) each.

The tournament, which is being hosted by South Africa, ends on 1 February.

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