UEFA EURO 2024: UEFA again distributes over 300 million

UEFA EURO 2024

Compared to the last European Championship in 2021, the prize money for the upcoming European Championship in Germany remains unchanged this year. As with the European Championship that took place three years ago in the midst of the CoV pandemic, UEFA is providing a total of 331 million euros in prize money. The ÖFB can expect at least an entry fee of 9.25 million euros. The new European champion can be paid up to 28.25 million euros.

13.06.2024 09.59

Online since today, 9.59 am

As at the European Championships eight years ago in France, a win in the group phase will earn one million euros in addition to the starting bonus, and a draw will earn half a million. UEFA will reward teams reaching the round of 16 with an extra 1.5 million euros, the quarter-finals with 2.5 million euros and the semi-finals with four million euros. The losing finalists will receive a further five million euros, and the final winners eight million. European champions Italy earned the maximum financial prize three years ago.

A record prize money of 371 million euros was originally planned for the 2020 European Championship, but UEFA reduced the payouts for the tournament, which was postponed by a year, due to the CoV losses. Despite ongoing inflation, the only thing that has increased since 2016 is the entry fee, which was eight million euros at the time.

Record sales forecast for this year

In contrast to the 2021 tournament, when Corona led to restrictions, the stadiums in Germany will be almost completely full. UEFA’s annual turnover forecast for 2023/24 is 6.7 billion euros, around one billion more than the previous record from the 2020/21 financial year. The European Championship prize money will remain the same despite ongoing inflation.

Until 2021, the tournament’s endowment had risen continuously. At the 1996 European Championship in England, the first continental tournament with 16 teams, it amounted to the equivalent of 57 million euros. A big jump came with the increase in the tournament to 24 participants in 2016, when 301 million euros were distributed. Since then, the ÖFB team has also been represented at all European Championship tournaments.

2024-06-13 07:59:56
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