HomeSportSoccerCaf owes Dynamos $288 000

Caf owes Dynamos $288 000

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Dynamos have not received $288 000 for finishing fourth in the 2010 edition of the Confederation of African Football (Caf) Orange Champions League.

This is despite the fact that the 2011 edition of the same competition has started and the former Zimbabwean champions have received just $100 000 from the continental mother body.

Dynamos secretary-general Oliver Manyau confirmed on Monday that they had sought the assistance of Zifa in getting the money as it impacts heavily on their preparations for both the local league and the 2011 Champions League campaign.

Dynamos have a bye into the first round of the competition.

“We have not received the money as yet and we have advised Zifa on that. The players are still expecting their share from the campaign because we had agreement with them to share whatever will come from there.

“So $288 000 is still outstanding and they (Caf) will deduct money for television production and fines which should not be more than $10 000. So now, they have not been paid and we are going into another campaign again; it’s not good at all,” Manyau said.

Zifa acting chief executive Jonathan Mashingaidze later confirmed: “We have since written to Caf asking them to expedite the release of the funds to Dynamos and we await their response.”

Dynamos finished fourth in 2010 edition after winning just one match from six and losing five, leaving them to get $400 000.

They money came down to $388 000 after deduction of some fees and fines and $100 000 has been released.

The Harare giants lost 2-0 to eventual champions TP Mazembe of the Democratic Republic of Congo and then 2-1 in the reverse leg, 1-0 to Espérance of Tunisia in both matches, 3-0 to Etente Setif of Algeria, the only team they managed to beat 1-0 at home.

According to Caf, winners of the competition get $1,5 million, runners-up walk away with $1 million, semi-finalists get $700 000 each, third place finisher in group matches takes home $500 000 while the last team in the group stages gets $400 000.

On Monday night, Caf had not responded to questions mailed by NewsDay Sport on the issue.

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