Euro 2020 prize money : How much will the winner earn
The winner of Euro 2020 could earn up to €34m in prize money.
UEFA have significantly increased the financial rewards on offer for success at this summer’s showpiece event.
All 24 teams competing will scoop a €9.25m tournament participation fee. There is €2m on offer to each of the sides who manage to progress from their groups. Also read Benefits of using a credit card
As an added incentive in the early stages of the tournament, teams were able to bank €1.5m for each group stage victory. There is €750,000 on offer for securing a draw in the group stage.
As you would expect, progress in the competition comes with significant rewards.
Teams who reached the quarter-finals are set to have earned €3.25m in prize money while a further €5m is given to each of the four countries who reached the semi-finals: Italy, Spain, England and Denmark.
As for the final itself, the runner-up will add €7m to their total prize pot while the eventual champions take home €10m for lifting the trophy.
It means that, if the champions have also won all three of their group matches, the total prize money they earn will amount to €34m (around £29.2m), compared with a maximum of €27m in 2016.
A total of €371 million, up from €304 million at Euro 2016, will be split between the 24 competing teams this summer.
Given that Wales won one and drew one of their group stages matches, Rob Page’s men have already earned €13.5m (£11.6m) at the Euros (€9.25m participation fee + €1.5m for beating Turkey + €750,000 for drawing with Switzerland + €2m for reaching the last 16).
How much is the Euro 2020 prize money?
- Winner – €10m
- Runner-up – €7m
- Semi-finals – €5m
- Quarter-finals – €3.25m
- Last 16 – €2m
- Group stage win – €1.5m
- Group stage draw – €750,000
- Tournament participation fee – €9.25m