England's journey to the Euro 2024 final has not only captured the hearts of fans but also promises a massive financial reward for the team. The prize money for this year's tournament has been revealed, and it's a record-breaking sum.
Record-Breaking Prize Fund
UEFA has allocated a staggering £331 million for the tournament, with the winners set to pocket a cool £24.7 million. Even the runners-up will take home a hefty £18.5 million, making every match a high-stakes battle.
How England Could Benefit
If Gareth Southgate's men lift the trophy, the Football Association could receive up to £28.5 million when including bonuses for group stage performances and knockout round victories. This would be a significant boost for grassroots football and future investments.
Performance-Based Rewards
The prize structure rewards teams at every stage:
- Group stage participation: £7.7 million
- Group stage wins: £1.54 million per victory
- Round of 16: £1.8 million
- Quarter-finals: £2.8 million
- Semi-finals: £4.3 million
With England already guaranteed at least £18.5 million as finalists, the team has already secured their most lucrative tournament performance in history.
Historical Context
This year's prize money represents a significant increase from previous tournaments. The 2020 Euros winners Italy received £8.6 million, showing how the financial rewards of international football continue to grow.
