Connect with us

Sports

Winner €8m, runners up €5m: Breakdown of Euro 2024 prize money

Published

on

Winner €8m, runners up €5m: Breakdown of Euro 2024 prize money

Spain will on Sunday, at the Olympiastadion in Berlin, Germany take on England in the 2024 European Championship final, with the La Roja standing a chance to accumulate £28.25m in prize money should they beat the Three Lions.

The tournament, which started on June 14, has featured 51 games, including 36 in the group stage and 15 in the knockout rounds.

England is looking to end their 58-year trophy drought, while Spain hopes to add to their collection with a fourth Euro Championship title.

News continues after this Advertisement

In December 2023, the UEFA Executive Committee approved the prize money distribution system for the teams participating in the tournament.

The prize money for the participating teams is set at the same level as UEFA EURO 2020, totalling €331 million.

The distribution key, as contained in UEFA’s website, is as follows:

Participating fee: €9.25m
Match bonus: €1.0m for a win and €500,000 for a draw
Qualification to the round of 16: €1.5m
Qualification to the quarter-finals: €2.5m
Qualification to the semi-finals: €4m
The runners-up will receive an additional payment of €5m
The 2024 European champions will receive an extra payment of €8m
The champion team could earn a maximum of €28.25 million if they won all three of their group matches.

On Monday, UEFA revealed that the tournament’s revenue comes from media rights, global sponsorships, ticketing, hospitality, and licensing.

 

News continues after this Advertisement
News continues after this Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *