Additionally, 20.46% of the total received by the organization has an unknown destination
The report details that 64.09% of the funds received by AFA correspond directly to "Conmebol Cup Revenues," that is, transfers linked to the Copa Libertadores (37.39%) and the Copa Sudamericana (26.70%).
In addition, there are revenues from:
According to the latest 2024 Conmebol Finance Report, the Argentine Football Association (AFA), led by Claudio "Chiqui" Tapia, receives around 76 million dollars annually from the organization that regulates South American football.
This amount includes funds derived from the Copa Libertadores, the Copa Sudamericana, the Copa América, South American football development programs, and other minor revenues. However, of the total received, only 1% is allocated to the winners of the national competitions organized by AFA itself, such as the Primera División or the Copa Argentina.
That 1% represents approximately USD 1.1 million, a minimal figure in relation to the total amounts transferred by Conmebol. According to the analysis of a percentage-based scheme from the report, the bulk of the income corresponds to allocations for clubs participating in continental competitions, contributions that AFA must transfer as an intermediary, and other administrative concepts.
Nevertheless, the report reveals a fact that raises questions about the final allocation of the funds: there is a 20.46% of the total received by AFA whose destination is unknown. In absolute terms, this is equivalent to a remainder of approximately USD 15.7 million that doesn't have a clear allocation, at least according to the documentation published by Conmebol.
To make matters worse, it is not possible to cross-check this information by reviewing AFA's official financial statements, since the last one available for public consultation corresponds to 2022, so there is no recent data to verify how resources are distributed internally during the 2023 and 2024 fiscal years.
On the expenditure or allocation side of these funds, Conmebol identifies three main categories:
However, what is most striking is that there is an impressive 20.46% of the expenditure whose destination is unknown, amounting to a total of 15.7 million dollars.
Based on what was published by Conmebol, more than 20% of the income received by AFA is not allocated to prizes or professional competitions, a situation that rekindles criticism about the lack of transparency in the financial management of the organization led by Chiqui Tapia.
Moreover, despite receiving USD 76 million, AFA allocates just USD 1.1 million to reward the champion clubs of its local tournaments. This means that Argentine professional football receives only 1% of the total, an extremely low percentage compared to the volume of resources coming in from Conmebol.
