Monday, 17 March 2014

Brazil 2014: Cabinet cuts GFA budget by half


Ghana’s Cabinet has approved GH¢10,500,000 to the Ghana Football Association (GFA) as budget for the national football team’s participation in the first group stage of the 2014 FIFA World Cup in Brazil.

A statement from Information and Media Relations Minister Mahama Ayariga said an amount of GH¢14,177,025 has also been budgeted to cover the team’s expenses when they qualify for subsequent stages of the competition.

It brings the total amount to GH¢24,677,025. According to the statement, Cabinet also expressed great confidence in the Ghana Black Stars and its technical team and is satisfied with the preparations made so far towards Ghana’s participation in the World Cup in Brazil.

The Ghana Football Association presented a provisional budget of $20 million to the Government for the mundial. The approved GH¢24.6M comes to approximately $10 million dollars - $9.5 million less than the budget used for the team's participation in the 2010 World Cup in South Africa.
 
Nigerian is going to the same World Cup with a budget of $12 million. The US soccer Federation’s World Cup budget for Brazil is listed at US$2 million although the amount may increase. Algeria has proposed US$5.8 million; One million of the mount will be received from sponsorship. Belgium on December 12 announced an allocation of €4.5 million for the national team for Brazil 2014.

Ghana’s Black Stars are also demanding $100,000 apiece as appearance fee for the 2014 World Cup. A letter submitted to the Ghana Football Association by Captain Asamoah Gyan on behalf of the national team players, justified the demand.

Each player was given $50,000 as appearance fee in the 2006 World Cup in Germany and $70,000 in the 2010 mundial in South Africa.

If the Stars’ demand for Brazil 2014 is granted, they would be taking 30 percent more than they took for the 2006 tournament. The 23-man Ghana squad will thus bag $2.3 million just for appearing. The amount is tax-free.

 
Source: Ghana I RadioXYZonline.com

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