Ghana Football Association President, Kurt Okraku has announced an increase in the prize money for the champions of the Ghana Premier League in the upcoming 2023/24 league season.
He made this announcement at the launch of the new league campaign, held at the Eastern Premier Hotel in Koforidua, Eastern Region.
Medeama Sporting Club are the reigning champions and were awarded GH¢300,000 last season for emerging Champions of the competition, a development which sparked criticism from the football community.
Most people felt the amount was too small and was not befitting of the best team in Ghana.
With this latest announcement by Kurt Okraku, the winner of the 2023/24 league season will receive GH¢500,000 as the prize money for topping the table, together with a trophy and 40 medals.
The second-placed team will be awarded GH¢200,000, and the third-placed team will receive GH¢100,000.
Kurt Okraku added that this season’s campaign will see the clubs that finish from 4th to 10th also awarded some cash at the end of the campaign.
According to him, this is to increase the competitiveness of the league in the upcoming campaign.
Accra Hearts of Oak received a cash prize of GH¢250,000 for winning the league in the 2020/21 season.
In the subsequent season, Kumasi Asante Kotoko were awarded the same amount of prize money for placing first.
A slight increase was seen last season when Medeama SC emerged as champions of the competition and were awarded GH¢300,000 for their efforts.
