Ghana’s Youth and Sports Minister Mustapha Ussif has revealed that the senior national football team, the Black Stars will need $25m for their respective campaigns in the 2022 Africa Cup of Nations and the 2022 FIFA World Cup qualifiers.
The Minister disclosed this during a presidential breakfast meeting with Chief Executive Officers from State institutions and Corporate Ghana at the Jubilee House in Accra today.
The meeting hosted by President Akufo-Addo at the Jubilee House was targeted at pursuing alternative means of funding the national teams while reducing the financial burden on the Sports Ministry and also providing for other sports disciplines.
“It is the dream of the nation to win the Africa Cup of Nations again in Cameroon next year and to qualify for the 2022 FIFA World Cup."
"These campaigns require a substantial amount of investment to be able to execute this mandate, approximately $25 million and government alone cannot shoulder this responsibility at the expense of other sporting disciplines”, the Sports Minister stated.
He thus made a strong case for support from corporate Ghana as he linked the performance of the national teams and sponsorship from institutions stating that these teams especially the Black Stars have performed very well anytime Corporate Ghana supported the team.
The Minister furthered that Corporate Ghana “supporting the Black Stars will enable the government to use the sports budget to support other disciplines especially as we gear towards the Tokyo Olympic Games”.
Meanwhile, President, Nana Addo Dankwa Akufo-Addo, announced at the meeting that government will provide $10 million of the required amount with a 5-member committee, headed by the Sports Minister, tasked to raise the remaining $15 million.