South African Football Association President, Danny Jordaan believes FIFA's $1 billion plan to ensure every African country has at least one world class stadium could accelerate the commercial environment and value of the African game.
According to FIFA, the African Champions League generates an annual revenue of $20 million while the UEFA Champions League rakes in $2 billion.
Jordaan, who recently attended the symposium on infrastructure development in Rabat, Morocco, is convinced that the intervention from FIFA may have the same effects that World Cup stadia had on South Africa in 2010.
"Before the World Cup stadia our income was $10 million (R150 million) and it is now over $100 million (R1.5 billion) as a result of having quality stadia because there is capacity for broadcast and all other forms of multimedia," Jordaan said.
He revealed that "any medium size club in Europe is generating more money than the total revenue of African football". For that reason, Jordaan fears African clubs will not be able to keep top players in Africa "unless we fix this".
FIFA announced the $1 billion intervention during the infrastructure symposium hosted at the multimillion dollar Mohammed VI Complex in Morocco's capital Rabat. Under the plan, each African country will receive in the region of R300 million to build a stadium that complies with the standards of the world football's governing body.
Jordaan praised Morocco for the strides the north African country has taken in investing in infrastructure.
The Royal Morocco Football Federation recently unveiled the Mohammed VI Complex whose construction cost over $65 million.
Jordaan has said they would propose to replicate what Morocco has done since South Africa has world class stadia that were used during the World Cup in 2010.
"The Mohammed VI Complex is an extraordinary facility, the Moroccan government invested millions of US dollars in this project, you can see the quality of the project – the stand alone hotel," Jordan said.
Among other things, the Mohammed VI Complex boasts four natural turf grass football fields, three artificial turf fields, a covered football field, a hybrid football field, a reathletisation room that can accommodate futsal matches, an outdoor Olympic swimming pool, two tennis courts and a Beach Soccer field.
Jordaan believes having facilities like the Mohammed VI Complex in each province would fast-track the development of football stars across South Africa.