Asempa: CAF’s stimulus package to soon hit GFA’s account

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Football in Ghana has been at standstill since mid March due to the coronavirus pandemic.

The unanticipated circumstance has had a major impact on the finances of local clubs, with these clubs calling the Ghana Football Association (GFA) to come to their aid.

With the GFA expecting a stimulus package from the Confederation of African Football (CAF), the President of the federation Mr. Kurt Okraku earlier this month in a jointly hosted program by Happy FM and GTV Sports Plus revealed that the association will come to the aid of clubs once the stimulus package from CAF hit it account.

The good news coming in is that, the CAF Emergency Committee on Thursday (28th May, 2020) in a video-conference has approved the immediate distribution of stimulus package.

CAF announced that a total of USD 10.8 Million will be transferred to it 54 members on the continent as part of a relief plan to ease the financial burden on the African football community during these unprecedented times.

“Due to the fast-spread of COVID-19, African Member Associations (MA) have suspended all domestic competitions, which has brought about huge financial burdens on their shoulders. CAF has thus decided to wave the eligibility requirements to access the annual grants, so all MA’s can benefit during this difficult period,” said CAF President Ahmad Ahmad.

CAF also announced that it is assessing the opportunity of additional financial support to it members for the resumption and organisation of their domestic competitions.

With this news coming in, GFA and other football governing bodies in the other countries will receive US$200,000 each. The financial package is to mitigate the financial burden on all members of CAF during this tempestuous time.

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