Connect with us
Euro 2024 Prize Money - [See Full Breakdown Of Money For, Winners, Participating Teams] Euro 2024 Prize Money - [See Full Breakdown Of Money For, Winners, Participating Teams]

News

Euro 2024 Prize Money – [See Full Breakdown Of Money For, Winners, Participating Teams]

Published

on

The ongoing Euro 2024 tournament in Germany is almost over, with teams set to be rewarded for their participation and qualifications.

Sportxparte reports that the UEFA Executive Committee had, in December 2023, approved the prize money distribution system for all participating teams in the European Championship title.

The UEFA Euro 2024 final, a momentous event in the world of football, is set to take place on Sunday, July 14th, 2024, at the Olympiastadion in Berlin, Germany.

The historic stadium is set to host a showdown between Spain and England as both teams compete for the prestigious European Championship title and prize.

Spain, a team with a rich history in the tournament, reaches their fifth final.

Read Also  EPL: Liverpool Hires New Coach To Assist Arne Slot

They will be looking to add another trophy to their impressive collection, having previously triumphed in 1964, 2008, 2012, and 2020.

For England, this marks their second consecutive Euro final appearance.

They will be hungry to erase the disappointment of the 2020 final and finally bring home their first major trophy since the 1966 World Cup.

Interestingly, this will be their first-ever appearance in a major tournament final played on foreign soil.

The Olympiastadion in Berlin will be buzzing with anticipation as 71,000 fans eagerly await this epic encounter.

This iconic stadium, steeped in football history, has hosted some of the most significant matches, including the 2006 World Cup and 2015 Champions League final.

Read Also  Super Eagles Drop In Latest FIFA World Ranking

A Clash Of Titans

Both Spain and England boast talented squads with a good mix of experience and youthful exuberance.

The outcome will likely hinge on tactical brilliance, individual moments of magic, and a touch of luck.

According to UEFA, the prize money for the participating teams is set at the same level as the Euro 2020 tournament, totalling €331 million.

In a publication earlier this week, UEFA revealed that the tournament’s revenue comes from media rights, global sponsorships, ticketing, hospitality, and licensing.

See the breakdown of the Euro 2024 prize money distribution below:

    • 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 group matches.