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Fortune! Outgoing CAF President Issa Hayatou leaves over $150M In Reserve

The 70-year-old Cameroonian who has been president of CAF since 1988, has disclosed that he is leaving the confederation in a healthy state.

“When I came to CAF, there was $1-million in the whole of the CAF accounts – Zurich, Cairo, Paris – in total it was$1-million. Today, in reserve, we have more than $150-million,” Hayatou said in an interview with Kwese Sports, just a week before he lost the presidential election.

He further stated his achievements as CAF boss in the last 29 years.

“When I took over there were three competitions – the Nations Cup, the African Champions Cup and the African Cup Winners Cup – that’s three,” he said.

“We can only be happy to see what the Confederation of African Football have achieved as a programme. CAF has had momentum, we have worked very hard – CAF and the federation chiefs, the chiefs of the exec committee and myself – to make CAF what it is today. It’s among the most important confederations in the world, and these are grounds for satisfaction for us.”

On his biggest failure as CAF president, Hayatou pointed out the inability of an African country to win the FIFA World Cup under his watch.

“My biggest failure is that I never won the World Cup. That’s my biggest failure, that Africa, during my reign, never won the World Cup – that’s my failure,” he added.

The farthest African countries reached in the FIFA World Cup under Hayatou was the quarter-finals

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