$3.2m prize money for CHAN 2014

Wednesday, January 22, 2014

Pretoria - The prize money for the 2014 Orange African Nations Championship (CHAN) would total, $3.2 million, about R34 million, the Local Organising Committee (LOC) said on Wednesday.

The winning team of the tournament will walk away with $750 000 (about R8.1 million), while the runners-up will walk away with $400 000 (about R4.3 million).

The third and fourth placed teams will take home $250 000 (about R2.7 million) each, while the losing quarter finalists would take home $175 000 (about R1.9 million) each.

Meanwhile, the teams placed third in the group stage, will take home $125 000 each, and those placed fourth in the group stage, $100 000 each.

The tournament, which is currently underway in the country, will end on 1 February. - SAnews.gov.za