The organisers of the annual Nigeria Premier Football League preseason tournament, Valuejet Cup have announced the prize monies for the tournament set to begin in two days, Nigeriasoccernet.com reports.
According to a statement released on Saturday, the total money that will be received at the end of the tournament is sixteen million naira.
The Chairman of the ValueJet Cup, Otunba Tade Azeez has confirmed the prize monies for this year’s edition of the off-season football tournament.
“Our objective is to create a top-level tournament for clubs preparing for their CAF games and League season. We are also injecting funds into the tournament and we have sustained the policy of increasing prize monies every season.
“The poll for this year's prize monies is up to Sixteen Million Naira (N16 Million), about a 300% increment in the prize and participation monies.
“We want to appreciate our Premium and title sponsor, ValueJet Airline for supporting our vision and objective. We have recorded a lot of positive post-tournament stories from the clubs and players,” said Azeez.
The winner of this year’s tournament will cart home Five Million Naira (N5 Million), last season’s winning prize was Two Million Naira (N2 Million).
The Runners-up prize money has been increased from One Million and Five Hundred Thousand Naira (N1.5 Million) to Two Million and Five Hundred Thousand Naira (N2.5 Million).
However, there will be a 100% increment in the participation fees for the clubs.
The 2024 edition of the tournament will take a international look following the invitation of Sudanese giants, Al Merrikh with seven other NPFL teams - Shooting Stars Sports Club, Ikorodu City, Remo Stars, Beyond Limit, Kwara United, Rivers United and Abia Warriors.
Uche Dozie