International

UEFA increases prize money for Euro 2016

2015-12-11 22:19
UEFA (Getty Images)

Paris - UEFA announced on Friday that there will be a substantial increase in prize money for the nations competing at the Euro 2016 finals in France.

Ahead of Saturday's draw in Paris for the first ever 24-team finals, European football's governing body said the total prize fund had gone up to 301 million from the 196 million shared by the 16 nations at the 2012 finals in Poland and Ukraine.

Every competing nation will receive €8 million just for taking part, with performance bonuses of €1 million for a win and 500 000 for a draw in the group stage.

After that, teams reaching the knockout phase will each get 1.5 million in the last 16, 2.5 million for reaching the quarter-finals and an extra €4 million for getting to the semi-finals.

For the final, which will be played at the Stade de France on July 10, the winners will receive 8 million while the runners-up will pocked €5 million.

"This means that, if the winners of the title have also won all three of their group matches, the total prize money they earn will amount to 27 million, compared with 23.5 million in 2012," said a UEFA statement.

Read more on:    uefa  |  euro 2016  |  soccer
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Live scoring

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

English Premiership flutter

Take Sport24's "expert" tips at your peril...

Featured

The 2017/18 Absa Premiership season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs
Vote

Do you think SAFA made the right choice in appointing Stuart Baxter as head coach of Bafana Bafana?

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.