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Conmebol once again increased the amount of prizes for the Libertadores and Sudamericana cups

Conmebol once again increased the amount of prizes for the Libertadores and Sudamericana cups

He Council of the South American Football Confederation (CONMEBOL) announced that it will allocate more money in prizes for the tournaments that will be organized this year, reaching a record amount of US$312,000,000.

This sum does not include participation or sporting merits in the CONMEBOL Copa América USA 2024. Since 2016, the year President Alejandro Domínguez took office, the amount has quadrupled, increasing the figure by 438% until 2024.

To these new prize-giving policies, major efforts can be added such as monetary recognition to world champions, the commitment to improving the competitiveness of local tournaments, the establishment of sporting merit in the Copa Libertadores and the Copa Sudamericanathe positioning of the Women’s Libertadores Cup and the Cup Winners’ Cup, as well as the support to the Member Associations on the dates FIFA to be held in 2024.

The president of Conmebol, Alejandro Dominguez, noted: “We are committed to South American football, so in our different competitions we seek to provide a spectacle that unites all fans of this sport. In our management, transparency has been the main pillar that we have strengthened, as we are convinced that this way we can continue developing and consolidating world-class clubs and tournaments.

“We have established strict policies that go hand in hand with these great results that we have reported in these eight years of management,” added the manager.

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The table marks the ascending curve of the prizes distributed by Conmebol from 2015 to 2024. Since 2016, the year Alejandro Domínguez took office, the figure has quadrupled.

@Conmebol

“We are going to continue working so that South American football grows and develops with the highest quality standards. We have established strict policies that go hand in hand with these great results that we have reported in the eight years of management,” concluded Alejandro Domínguez.

The prize delivery plans are added to other measures taken by the Confederation such as the monetary recognition of the world champions, the commitment to improve the competitiveness of the tournaments, the establishment of sporting merit in the Libertadores and Sudamericana cups, the positioning of the Women’s Libertadores and the Cup Winners’ Cup and support for the Member Associations on this year’s FIFA dates.

Buenos Aires will host

The Argentine Football Association (AFA) announced that Argentina will host the final of the 2024 Copa Libertadores and Buenos Aires will be the venue for the defining match.

“It’s official: Buenos Aires will host the final of the @Libertadores 2024 Cup. What a joy to welcome you in our country @CONMEBOL!” expressed the mother house of Argentine football on the social network “X” (ex Twitter).

Although it has not yet been announced which stadium will be chosen for the match that will define the new continental champion, The venue with the greatest chances would be River.

The renovated Monumental stadium has a capacity for more than 80,000 spectators and is one of the most prominent in South America, since the other is the Maracaná, but the legendary Brazilian stadium was the venue for the 2023 edition, in which Fluminense was crowned against Mouth.

The River venue became the main candidate due to the statements of its president, Jorge Brito, some time ago: “I would love for the final on the 24th to be here. I think River deserves it. It is the best stadium in South America. “Argentina deserves it.” And he continued: “We have a renovated stadium to be able to host the Copa Libertadores, but it does not depend only on River, although I am optimistic. I think it can happen,” he said.

The president referred to the issue again days later and gave details of the negotiations: “We have been having conversations for about three months with Conmebol. It is our desire to offer the stadium so that the Libertadores final can be played. We believe we have all the credentials to make that possible.”

“There are issues that also have to do with the State, with the City and many other factors that do not reach River. I hope it can happen, we are convinced that this is the year, because it is the inaugural one. It would be very good,” he highlighted.

This will be the sixth edition of a unique Libertadores final and the first to be held in Argentina, taking into account that in 2019 it was played at the Monumental stadium in Lima, Peru (Flamengo defeated River), in 2020 it was at the Maracaná in Rio de Janeiro (Palmeiras defeated Santos ), in 2021 it was at the Centenario in Montevideo (Palmeiras won against Flamengo), in 2022 it was played at the Monumental in Guayaquil, Ecuador (Flamengo beat Athletico Paranaense), plus the last one repeated at the Maracaná, with Fluminense and Boca as protagonists.

The only Argentine venue in which finals had been played was the Mario Alberto Kempes stadium in Córdoba, which hosted the defining duels of the Copa Sudamericana in 2020 (Defensa y Justicia was champion against Lanús) and 2022 (Independiente del Valle was crowned against Saint Paul).

Source: Ambito

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