The Euro 2024 is just around the corner, with 24 nations set to compete for the coveted title of European champions. England is considered one of the favorites to win, but they will face stiff competition from the likes of France, Portugal, Spain, the Netherlands, Italy, and host nation Germany.
The tournament will feature a total of 51 games, including 36 group-stage matches, before 16 teams advance to the knockout rounds. The final will take place on July 14 at the Olympiastadion in Berlin.
Euro 2024 Prize Money: How much will winners get?
While the ultimate goal for each team is to lift the Henri Delaunay Cup, there is also a significant amount of prize money on the line. The UEFA Executive Committee has confirmed that the total prize money for Euro 2024 will be €331m (£282.87m), the same as Euro 2020.
Each of the 24 qualified nations will automatically receive €9.25m (£7.93m) before the tournament even begins. Teams will also earn a match bonus of €1m (£860,000) for a group-stage win and €500,000 (£429,000) for a draw. There is no prize money awarded for a defeat.
The rewards for advancing to the knockout rounds will increase with each round. Teams that reach the round of 16 will receive €1.5m (£1.29m), while those that advance to the quarter-finals will earn €2.5m (£2.14m). Teams that make it to the semi-finals will receive €4m (£3.43m), and the champions of Euro 2024 will earn €8m (£6.86m). The losing finalist will receive €5m (£4.29m).
The maximum amount a team could earn from Euro 2024 is €28.25m (£24.23m) if they win every game en route to the championship.
EURO 2024 Prize Money Breakdown
- Participation fee: €9.25m (£7.93m)
- Round of 16: €1.5m (£1.29m)
- Quarter-finals: €2.5m (£2.14m)
- Semi-finals: €4m (£3.43m)
- Runner-up: €5m (£4.29m)
- Winner: €8m (£6.86m)
How much money do players make at the Euros?
The amount of money that players make at the Euros varies depending on the agreements that their national teams have in place. While international footballers do not receive wages in the same way as they do at club level, they can still earn significant bonuses for their performances at major tournaments.
The Euro 2024 tournament is not just about the glory of lifting the trophy, but also about the significant amount of prize money that is up for grabs.
