UEFA announces increased prize pot for Euro 2020

The Euro 2020, which is being held across 12 cities, will have a 23 per cent increase in prize money from the France edition in 2016.

Published : Feb 26, 2018 22:16 IST

The UEFA EURO 2020 host city Saint Petersburg logo is seen on a screen during its launch in Saint Petersburg on January 19, 2017.
The EURO 2020 UEFA European Championship will see matches hosted in 13 cities across Europe, with the semi-finals and final staged at Wembley Stadium in London in July 2020. / AFP PHOTO / Olga MALTSEVA
The UEFA EURO 2020 host city Saint Petersburg logo is seen on a screen during its launch in Saint Petersburg on January 19, 2017. The EURO 2020 UEFA European Championship will see matches hosted in 13 cities across Europe, with the semi-finals and final staged at Wembley Stadium in London in July 2020. / AFP PHOTO / Olga MALTSEVA
lightbox-info

The UEFA EURO 2020 host city Saint Petersburg logo is seen on a screen during its launch in Saint Petersburg on January 19, 2017. The EURO 2020 UEFA European Championship will see matches hosted in 13 cities across Europe, with the semi-finals and final staged at Wembley Stadium in London in July 2020. / AFP PHOTO / Olga MALTSEVA

 

The 24 qualifiers for Euro 2020 will share record total prize money of 371 million euros ($456m, £327m), a considerable increase from the last European Championship, UEFA said at its Congress in Bratislava on Monday.

The total amount is 23 per cent up from Euro 2016 in France, which was the first time 24 countries made up the competition.

Each competing nation will receive 9.25 million euros simply for taking part, plus a further 1.5 million euros per win in the group phase and 750,000 euros for a draw.

There will be further prize money for reaching each round in the knockout phase, meaning the winner will pocket 20.25 million euros on top of earnings from the group stage.

The winner will therefore take away a maximum of 34 million euros, compared to 27 million euros in 2016.

Euro 2020 will be played in 12 different cities across Europe, with Wembley in London hosting the final on July 12.

UEFA also rejected the application by Jersey, a British Crown Dependency in the Channel Islands, to become a member after it failed to acquire votes in favour from two-thirds of the European association's 55 existing members.

Sign in to unlock all user benefits
  • Get notified on top games and events
  • Save stories to read later
  • Access to comment on every story
  • Sign up / manage to our newsletters with a single click
  • Get notified by email for early bird access to discounts & offers to our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide to our community guidelines for posting your comment