New Asian champions to earn $12 million in prize money in club competition revamp

The competition, which kicks off with a preliminary round in August, is at the heart of a major revamp of club football across the continent. (VIA @theafcdotcom)
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HONG KONG: The winners of the new Asian Champions League Elite will pocket a minimum of $12 million, the Asian Football Confederation said on Wednesday in a major boost to club football in the region.

The competition, which kicks off with a preliminary round in August, is at the heart of a major revamp of club football across the continent and involves 27 clubs from 12 nations including Japan, South Korea, Australia and Saudi Arabia.