NAIROBI, Kenya, March 25 –Kenyan Premier League (KPL) has announced a 7.14 percent annual grant increment to clubs participating in the league.
In a statement published by KPL official website, by the end of this season the 16 clubs participating in the top tier league will have received grants of Sh7.5m (USD 81,745) each from the league body.
The increment comes courtesy of the SuperSport broadcast rights deal and Tusker naming rights partnership with KPL.
In total, KPL will disburse Sh120m (USD 1,307,923) to the clubs this season compared to Sh112 m (USD 1,220,728) last season.
The winner of the league title will earn a prize money of Sh4.5m (USD 49,047) up from the previous Sh4m (43,597), runner-ups will receive Sh2m (USD 21,799), while Sh1.5m (USD 16,349) with go towards third finisher as fourth team pockets Sh1m (USD 10,899).
Clubs are also entitled to grants by final rank in amounts according to how the teams are placed at the final league table with the top finisher getting the most and the basement side the least.
The top ranked team will receive Sh705, 920, second ranked will take home Sh661, 800 while third team will earn Sh617, 680.
This means the 2015 KPL champions will pocket a whopping total amount of Sh12.2 m (USD 132,972) from the league body.
The match officials officiating fees has been budgeted for Sh11.9m (USD129, 702) up from last year’s Sh10.9m (USD 118,803) that is an increase of 15 per cent both on the match fees and the travel allowances.
KPL grants per club over the years:
2008: Sh1.4 million
2009: Sh2.1 million
2010: Sh2.6 million
2011: Sh4 million
2012: Sh5.6 million
2013: Sh6.5 million
2014: Sh7 million
2015: Sh7.5 million
-material used to compile story from KPL official website-
