UEFA Euro 2020 Prize Money: How Much do the Winners & Players Get?
UEFA Euro 2020 Prize Money Breakdown: How much do the winners and England, Italy players earn?
Euro 2020, the 16th edition of the UEFA premier competition is finally reached its final. England and Italy are taking on each other for the prestigious title and the Euro 2020 prize money. This season, there is a massive increase in the fund of the event. Each participating team will earn €8 million. Euros has risen beyond all recognition from a money perspective and has grown into a cash cow for the 55-member countries.
The UEFA Euro 2021 prize money has been increased by 24% from the last competition. The runner up team will get €7m while the Euro winners to receive €10m.
Four years ago, in France in 2016, 24 nations were involved for the first time. And despite a warning from some that eight more countries would water down the competition. The tournament turned out to be outstanding and gave some nerve-wracking matches for football fans around the globe.
UEFA Euro 2020 Prize Money Breakdown
|Round of 16||€2,000,000|
|Group match victory||€1,500,000|
|Group match draw||€750,000|
How much will each team earn in Euro 2020?
The top 24 teams from Europe will share a massive amount of prize money, 371 million euros. The overall prize fund for the upcoming Euro 2020 announced in February 2018.
Euro 2020 prize money increased compared to the previous 2016 tournament. The winning team awarded (€8 million) in 2016 this year (€2 million) increase for the winners. The base prize money for qualification to Euro 2020 is €9.25 million for each team.
How much will the UEFA Euro 2020 winner take home?
The winners of the Euro 2020 maximum earn €34 million, which include match-winning and drawn earnings (€1.5 million) and (€750k).
Base fees paid to each team who qualified for the tournament. UEFA Euro 2020, the final winners’ share will be (€10 Million), 20% more than previous matches.
Euro’s Prize money History
In 1992, the competition hosted by Sweden generated revenue of €41M. Revenue grew three times the amount when England hosted in 1996. Joint hosting by the Netherlands and Belgium in 2000 shifted the needle again – this time to €229m but revenue from Portugal 2004 €855m and Austria/Switzerland 2008 €1,351m reached unparalleled levels, and it hasn’t stopped. (US exchange to Euro 1.1).
France 2016 (€1,916m) cultivated 37% more than Ukraine/Poland 2012 (€1,391m), and next year’s European Championships is aiming for €2,500m.
UEFA Euro 2020 Qualified teams
The Euro 2020 qualified teams, along with the playoff winners, formed into six groups are;
Group A: Turkey, Italy, Wales, Switzerland
Group B: Denmark, Finland, Belgium, Russia
Group C: Netherlands, Ukraine, Austria, play-off winner D or A
Group D: England, Croatia, play-off winner C, Czech Republic
Group E: Spain, Sweden, Poland, play-off winner B
Group F: play-off winner A or D, Portugal, France, Germany
For live updates on UEFA Euro 2020, stay tuned with SportingFREE.com
References: Forbes Magazine, The Mail UK, Telegraph, The Sun, Sports Business (FR), Football Finance