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PRIZE POOL TO DOUBLE FOR 2007 CONCACAF GOLD CUP™

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  • PRIZE POOL TO DOUBLE FOR 2007 CONCACAF GOLD CUP™

    <TABLE cellSpacing=0 cellPadding=10 width="99%" align=center border=0><TBODY><TR><TD vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD colSpan=2>For Immediate Release
    www.CONCACAF.com

    </TD></TR><TR><TD vAlign=top width="8%"><SPAN class=MsoNormal><SPAN class=style1>Contact:</SPAN></SPAN></TD><TD width="92%">Steven Torres, Media Officer
    CONCACAF +1/212 308 0044
    steve.torres@concacaf.org</TD></TR></TBODY></TABLE><DIV align=left></DIV></TD></TR><TR><TD vAlign=top><DIV align=center>
    PRIZE POOL TO DOUBLE FOR
    2007 CONCACAF GOLD CUP™
    </DIV>

    NEW YORK (Thursday, 11 January 2007) — CONCACAF (Confederation of North, Central American and Caribbean Association Football) today announced that the total prize pool for the 12 CONCACAF teams playing in the 2007 CONCACAF Gold Cup™ will be double the prize pool from the 2005 event.

    The prize money to be paid will rise from a total of $330,000 US in 2005 to $660,000 US in 2007 and, while the prize money has gone up for every stage of the event, it is the teams that are eliminated at the earlier stages that will see the biggest increases.

    The four teams eliminated after the first round of play will each receive $30,000 US. That’s three times the $10,000 earned by teams eliminated at the same stage in 2005. The four teams to lose at the quarterfinal stage will each receive $45,000, compared to $20,000 for the same stage in 2005.

    The two losing semifinalists will receive $60,000, double the $30,000 they would have received in 2005. Meanwhile, the tournament runner-up, the losing finalist, will see the prize money increase to $90,000 in 2007, up from $50,000 in 2005.

    The champion, who will represent CONCACAF at the FIFA Confederations Cup South Africa 2009, will also take home $150,000, up from $100,000 in 2005.

    Commenting on the increased prize pool, CONCACAF General Secretary, Chuck Blazer, said, We are pleased to have been able to increase the prize pool for all the teams playing in the next Gold Cup. We were especially eager to better recognize the achievement of teams reaching the early stages of the event, while obviously also rewarding the success of those that make it through to the end. I think the prize structure we have announced today achieves this balance.

    Blazer added, That the prize pool has doubled overall is a reflection of the growth of the event itself. The Gold Cup has now, unquestionably, become one of international football’s most important events and at CONCACAF we remain committed to its continued growth and ongoing success. The increased prize pool is the latest in a series of innovations that have already seen the tournament format change, the number of host cities grow and, most recently, the elimination of guest teams making this a CONCACAF-only event.

    The 2007 CONCACAF Gold Cup™ will consist exclusively of 12 CONCACAF teams comprising of previous cha
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