A blow to Zamalek… Revealing the value of the Confederation’s runner-up prize

In a fresh blow to Egypt’s Zamalek’s hopes of solving its crippling financial crisis, an official source at the Confederation of African Football (CAF) has revealed that the African Confederation Cup runners-up’s prize money has not increased to just one million dollars.

A typo…and a dream that evaporated

The Egyptian “Fi Joule” website quotes the words of the source. “What was published on CAF’s official website that the second prize was two million dollars was just a (printing error) and it was later changed in the official report to its original value of just one million dollars.

Zamalek dreamed of $4 million

This is a painful blow to Zamalek, which was hoping to win the title and collect the top prize of $4 million, which will be used to lift the suspension imposed on him and pay the accumulated fines.

But the dreams evaporated after the Whites lost to USM Algiers in the final of the Confederations Cup, losing the first leg in Algeria (1-0) and then winning by the same score in Egypt (1-0) before the Algerians won the title in an exciting penalty shoot-out (8-7).

17 cases… and a suffocating financial crisis

Zamalek is suffering from a severe financial crisis, with the number of cases that have led to its suspension reaching 17, forcing it to urgently need financial liquidity to settle its situation with FIFA.