Yanga Africans redefining financial success with unforgettable season

FOOTBALL Yanga Africans redefining financial success with unforgettable season

Shafic Kiyaga 15:53 - 25.05.2023

In what could be a monumental year for Yanga who are chasing an unprecedented treble including the Tanzania Premier League title, the Tanzanian Cup and the CAF Confederations Cup, the Tanzanian football club finds itself on the cusp of an extraordinary financial windfall.

Tanzanian Giants Yanga Africans is on the brink of redefining financial success within the East African region with its awe-inspiring season that has captivated fans and experts alike.

In what could be a monumental year for Yanga who are chasing an unprecedented treble including the Tanzania Premier League title, the Tanzanian Cup and the CAF Confederation Cup, the Tanzanian football club finds itself on the cusp of an extraordinary financial windfall.

With several cash prizes awaiting them, the club stands to potentially pocket an astonishing UGX 18.44 billion [USD 4.94 million].

This staggering sum, garnered from various competitions and sponsorships, signifies not only their success on the field but also promises to elevate them to new heights, both on and off the field.

Yanga's extraordinary campaign has already seen them secure a resounding victory in the Tanzania Premier League, securing them a cash prize of UGX 157.7 million.

The prize money for winning the league comes with an additional UGX 788.9 million [ approx. USD 212,000] bonus from Azam Media as per the contract signed with the Tanzania Football Federation (TFF).

Their unprecedented continental voyage that has seen them reach the final of the Confederation Cup where they are set to face off against Algerian powerhouse USM Alger could bring Yanga a handsome reward of two million dollars [approx. UGX 7.46 billion].

Even if they fall short, the runners-up will still receive a substantial one million dollars [approx. UGX 3.73 billion] as a testament to their remarkable campaign.

The Wananchi have already earned UGX 2.05 billion [USD 550,000] from the CAF for the quarterfinal and a further UGX 2.79 billion [USD 750,000] for reaching the semi-final.

Following Yanga’s 1-0 semi-final win over Singida on Sunday, they will have a shot at the Tanzania Cup against Azam FC next month, with the winner pocketing UGX 78.8 million.

Additionally, the lucrative partnership between Yanga and Azam Media Limited continues to pay dividends.

The decade-long contract, valued at a staggering UGX 64.6 billion [approx. USD 17.3 million], secures an additional UGX 4.88 billion [approx. USD 1.31] million for the club.

Not to be outdone, Yanga's main sponsor, SportPesa, has pledged a generous contribution of UGX 236 million into the club.

This injection of funds further solidifies the Jangwani Street men’s financial stability and underscores the support they receive from their corporate partners.

While the exact figures from their other sponsors, including Hier, GSM, and others, remain undisclosed, their involvement is sure to add even more zeros to Yanga's growing coffers.

The projected sponsorship and prize money revenue does not include those offered by Tanzanian President Samia Suluhu Hassan for every goal scored.

The anticipated total cash prizes could surpass an incredible UGX 18.44 billion an unprecedented feat for a sports club in East Africa, with the success Yanga is poised to achieve potentially signifying a turning point in regional football.