The prize money for the Ghana Premier League has been significantly increased, according to the Ghana Football Association (GFA), with the 2023–24 season’s champion likely to receive nearly $100,000 in total benefits.
This information was made public on Tuesday at the Koforidua Eastern Premier Hotel during the inauguration of the upcoming Ghanaian league season. This event was monitored by 1Family Radio.
The prize money has been increased from GHC 300,000 ($26,320) to GHC 500,000 ($43,868), a huge 67% increase. While the FA promised at the 29th Ordinary Congress that all 18 clubs would equally receive GHC 330,000 for TV rights, GHC 275,000 in sponsorship from BetPawa, and GHC 50,000 for Colts development, doing so would bring the next Ghana Premier League champion’s total benefits to GHC 1,1550,000 ($105,000).
The first runner-up would get GHC 200,000 and the second runner-up GHC 100,000, in addition to the winner receiving GHC 100,000. All teams finishing second through tenth would also receive financial recognition.
“To increase the competitiveness of the league, the Ghana Football Association will reward from the first to the 10th place in the 2023/24 BetPawa Premier League,” Kurt Okraku said.
On September 15, the league will begin, with Medeama SC looking to defend its title against the likes of Asante Kotoko, Hearts of Oak, and Aduana Stars, who almost missed out the previous year but are seeking to make a comeback.
Heart of Lions, Bofoakwa Tano, and Nations FC will all be returning, which is expected to increase the competition’s level of competition.