CAF: $50m compensation for former company Lagardère Sports after cancellation of contract for 2019
The Confederation of African Football has paid $50m (€46m) - in two instalments - to the former Lagardère marketing company as part of an out-of-court settlement following the cancellation in 2019 of a contract worth $1bn (€893m as at 31/12/2019), confirmed Patrice Motsepe, president of CAF, at the 46th ordinary assembly held in Addis Ababa...