Confederation of African Football (CAF) president Patrice Motsepe has confirmed his intention to seek re-election in the elections scheduled for March 2025.
Motsepe had been mum over whether he would go for a second term amid pressure from federation heads on the continent but he has now yielded to their push which makes him an overwhelming favourite to retain his seat.
The South African’s tenure has been marked with major transformation on the continent that has elevated African football with increased revenue as well as prize money in various competitions with the success of the 2023 Africa Cup of Nations down to his policies.
Patrice Motsepe yielded to pressure from FA heads
“CAF President Dr Patrice Motsepe finally agrees to stand as candidate at CAF presidential elections in March 2025,” read a CAF statement.
“Following requests from numerous CAF Member Association presidents, Zonal Union presidents, and key stakeholders, the CAF president, Dr Patrice Motsepe, has finally agreed to stand as a candidate.”
The confirmation comes just days after CAF released healthy financial figures for the 2022/23 financial year in Addis Ababa, Ethiopia on Tuesday.
CAF reduced their losses from R507 million to R162 million in the previous year and is projecting a net profit of R205 million in the coming financial year.
What is CAF projecting in the next eight years?
“A presentation was made to the CAF Exco yesterday [Monday], which was about the plan to get African football to $1 billion revenue over the next eight years,” said Motsepe, as quoted by SABC.
“What's going to happen is that there will be an open tender, and we've had many discussions with potential sponsors and partners, and good progress has been made.
“We're going to pass an Exco resolution in the next few days, open a tender and invite many of the private companies and enterprises to bid and be part of this plan for CAF.”