International

UEFA announce increased prize pot for Euro 2020

2018-02-26 18:18
Euro 2020 logo (Supplied)

Bratislava - The 24 qualifiers for Euro 2020 will share record total prize money of €371 million, a considerable increase from the last European Championship, UEFA said at their Congress in Bratislava on Monday.

The total amount is 23 percent 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 simply for taking part, plus a further €1.5 million per win in the group phase and €750,000 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 on top of earnings from the group stage.

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

Read more on:    uefa  |  euro 2020  |  soccer
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2017/18 Absa Premiership season has wrapped up. For all the season highlights - and lowlights - be sure to visit Sport24!

Latest blogs
Vote

Which country will be crowned 2018 Soccer World Cup winners?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.