AFC approves biggest prize purse in Asian club football history
(VOVWORLD) - The Asian Football Confederation (AFC) Executive Committee on Monday heralded a new era for Asian club football by unveiling the names of the three new club competitions alongside significant increases in funding for the 76 participating teams.
 AFC representatives meet online on August 14, 2023. (Source: VFF) |
The top tier of Asian club football will be named the AFC Champions League Elite (ACLE), the second tier will be known as the AFC Champions League 2 (ACL2), and the final tier is confirmed as the AFC Challenge League (ACGL).
The AFC Champions League Elite champions are set to be awarded a total of 12 million USD, marking a substantial increase compared to the 4 million USD that the eventual victors of the prestigious continental club prize will receive in the upcoming 2023/24 season.
The losing finalist, on the other hand, will receive 6 million USD, which represents a 4 million USD increase from the forthcoming season in which the runner-up is set to pocket 2 million USD.