Accra: Government, through the Ministry of Finance, has authorised the release of Seventy-Six Million, Four Hundred and Sixty-Six Thousand, Nine Hundred and Nineteen Ghana Cedis and Twenty Pesewas (GHS76,466,919.20) to support the Senior National Football Team, the Black Stars.
According to Ghana Web, this financial commitment is divided into two key disbursements to ensure the team's successful participation in the 2026 FIFA World Cup, currently underway in the United States, Canada, and Mexico.
The Government has released Fifty-Eight Million, Nine Hundred and Twenty-Nine Thousand, Five Hundred Ghana Cedis (GHS58,929,500.00), the cedi equivalent of US$5,000,000.00, as an advance payment to facilitate preparations and cover costs associated with the team's participation in the group stage of the World Cup. This proactive funding underscores the Government's commitment to providing the team with the resources needed to compete at the highest level and make the nation proud on the global stage.
Additionally, the Government has released Seventeen Million, Five Hundred and Thirty-Seven Thousand, Four Hundred and Nineteen Ghana Cedis and Twenty Pesewas (GHS17,537,419.20), the cedi equivalent of US$1,488,000.00, to settle outstanding bonuses owed to the team. These payments are in fulfilment of the performance-based agreement established during the qualifying campaign. Under that arrangement, the team received 50 percent of their bonuses during the qualifiers, with the remaining 50 percent payable upon successful qualification for the tournament.
The Government remains steadfast in its support for the Black Stars and the development of sports in the country. "We believe this timely release of funds will provide the stability and motivation needed for the technical team and players to focus on their core mandate: delivering success for the people of Ghana. We call on all Ghanaians to continue offering their unwavering support to the Black Stars as they embark on this prestigious World Cup journey," the statement said.