The AFC Asian Cup is an international association football tournament by AFC. The AFC Asian Cup 2023 will be the 18th edition of the AFC Asian Cup. The Asian Cup was held once every four years. The AFC Asian Cup China 2023 will take place from June 16 to July 16, 2023, across ten cities after the Asian Football Confederation (AFC) and the Local Organising Committee (LOC) confirmed the decision.
The final tournament is played in two stages. The group stage and the knockout stage. Since 2019, each team plays three games in a group of four, with the winners and runners-up from each group advancing to the knockout stage along with the four best third-placed teams. the sixteen teams compete in a single-elimination tournament in the knockout stage beginning with the round of 16 and ending with the final match of the tournament.
It is the second oldest continental football championship in the world after Copa América. Asia’s top 24 national teams compete for the most desirable prize in Asian football in the 18th edition of the tournament. The AFC Asian Cup China 2023 will be held across 31 days which will also be the longest in history with three more days than the 28-day showpiece in the United Arab Emirates in 2019. With each edition surpassing all expectations and we are confident that the upcoming tournament in China will be the biggest and greatest in Asian football history.
Here’s the prize money list of AFC Asian Cup 2023.
AFC Asian Cup 2023 Prize Money
||1M USD (Each)
|All Participating Teams
The Champion of the AFC Asian Cup will bag $5m. The runners-up of the competition will receive $3m. Semi-finalists of the competition will bag $1m each. and all participating teams will receive $200,000.
The prize money is just a host of enhancements introduced to strengthen the stature of Asia’s most prestigious competition, which also has a new trophy for the first time since the inaugural edition in 1956. The prize money for the 2023 AFC Asian Cup can be changed depending on the situation.
Prize money of 2019 :
The total prize money pool for the tournament was 14,800,000 USD. The champions received USD$5 million, the runners-up received USD$3 million, and the losing semi-finalists received USD$1 million. All 24 participating teams will also receive USD$200,000.
The 17th edition of the AFC Asian Cup was the first time that this tournament contested by 24 teams. Which was 16 in the previous tournament.