The Euros are one of the most prestigious tournaments in football. However, apart from the trophy, teams have a lot of prize money to look forward to if they win the tournament. The total amount of prize money for the 2024 Euros amounts to 331 million euros. The total amount will be distributed among the 24 participating teams based on their performance and how far they can go in the competition.
The winners of the Euro 2024 can win a maximum amount of 28.25 million euros in prize money if they win all three of their matches in the group stages. The winners will take home a guaranteed prize of 8 million euros for winning the tournament. However, the exact amount will depend on the number of matches they win or draw in entirety.
Here’s the amount each team receives as per their performance:
Participation prize for each of the 24 teams: 9.25 million euros
Each win in the group stage: 1 million euros
Each draw in the group stage: 500,000 euros
Qualification to the Round of 16: 1.5 million euros
Qualification to the Quarter finals: 2.5 million euros
Qualification to the semi-finals: 4 million euros
Runners Up prize money: 5 million euros
Winner’s Prize money: 8 million euros
Euro winners or the FIFA World Cup winners - Who earns more money as prize amount?
The FIFA World Cup winners earn more prize money than the Euro winners. In the 2022 FIFA World Cup, the champion team Argentina received $42 million (approx 39 million euros) as prize money. In comparison, the champions of the Euro 2024 could take home up to 28.25 million euros if they win all their matches in the tournament, including the group stages.
The total prize money for the 2024 edition of the Euros is 331 million euros, while the FIFA World Cup had a total prize money of $440 million overall.
FAQ's On UEFA Euro prize money
A. According to data available as of writing, Spain is the highest earning team in the Euros since 2000, winning a total of 15 million euros for winning the competition twice (2008 and 2012).