Cape Town City players receive half of R8 million MTN8 prize money

Cape Town City players receive half of R8 million MTN8 prize money

- Cape Town City FC received a total of R8 million for winning the MTN8 tournament

- The club’s chairman John Comitis said the winnings would be divided half for the club and half for the players

- Each player in the 30 man squad could receive around R130 000 pre-tax if the money is shared equally and not by performance or appearance

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Cape Town City received a total of R8 million in prize money for winning the MTN8 tournament. The club won Saturday night’s final in Durban against SuperSport United 4-1 on penalties. The club’s chairman John Comitis revealed that the winnings would be divided between the club and players.

Comitis said the club would take half of the winnings and the other half would go to the players, he said this was the arrangement which had stood since the club was established.

READ ALSO: Benni McCarthy experiences first taste of success as coach with MTN8 victory

Comitis said the players deserved to get their share because they put in the hard work in the field and likewise the club deserved its part of the prize for the work it put in. gathered that Comitis made the comments in the moments after the club secured the MTN8 trophy. A jubilant Comitis pointed out most of the players didn’t care about prize money and were overjoyed by winning a major piece of silverware.

Comitis said putting the trophy in the cabinet and being written into the history books as the winners of the 2018 MTN8 tournament was more important to most of the players and the club than the financial gain. reported that Cape Town City is believed to have a squad of around 30 players. This means each player would receive around R130 000 of the R4 million prize before tax depending on how the money is split up.

Comitis did not reveal whether the club would give each player in the squad an equal share of the cash or whether performance and appearances would play a role in how the money is split.

Cape Town City head coach Benni McCarthy was overjoyed with his first major piece of silverware as a professional coach, he compared the feeling to that of winning the UEFA Champions League as a player.

McCarthy became the first man to win the trophy as a player and a coach.

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Comitis said he hoped McCarthy would get the opportunity to coach a big European team at some point in the distant future. Comitis made it clear that there were no such discussions as yet and it was simply something he hoped would happen for McCarthy in the future.

Comitis admits it was a gamble to appoint McCarthy as head coach of the club. At the time of his appointment, McCarthy had no head coaching experience, having only served as an assistant coach.

Comitis said right now it looked like his gamble was paying massive dividends. He praised McCarthy for his fresh approach to coaching and constant hard work.

READ ALSO: Ace Magashule confirms joining forces with Cyril Ramaphosa to unite the ANC

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