- The prize money budget for Euro 2024 is being distributed.
- Answer the question of how much prize money the champion, Spain, received from this tournament.
- Including the clarification of whether or not the players will receive compensation for serving the nation.
When it comes to compensation, many people may be more interested in the prize money in club level games. However, few people know that in national level games like this, where famous players want and dream of playing, seeing it as the highest honor of their football career, there is also prize money.
And here’s what you might not know about the prize money at Euro 2024
Prize money system in EURO 2024
The UEFA Executive Committee has decided to use the same prize money system as the previous Euros, with an initial budget of 331 million euros, with each country that entered the final round receiving 9.25 million euros immediately. After
that, each game that won the competition received an additional bonus of 1 million euros per game. If there was a draw, it would receive 500,000 euros. There was also an additional prize money of 1.5 million euros immediately for reaching the round of 16, 2.5 million euros for reaching the quarter-finals, 4 million euros for the semi-finals, and 8 million euros for the ทางเข้า ufabet https://ufabet999.app champions. Considering the results of the Spanish national team winning every game in this tournament, they will receive a total of 28.25 million euros in prize money.
Who gets the prize money?
The governing body or football association of each participating country will receive the prize money from UEFA. Then it is the duty and right of each association to decide how to use the prize money. As
for the players, generally, the players will not receive this money because it is considered a service to the country without any wages. However, some countries may have conditions to receive wages based on the opportunity to play or may have an agreed bonus. As for the people’s favorite team, the England national team, they have a tradition of donating all the income to charity. And of course, the amount of money received depends on the results in the tournament.
Popularity that leads to inequality
More Comparison of Men’s and Women’s Competitions For the Women’s Euro 2026. The prize money budget has not been disclosed at this time. However, if we compare the prize money budget of the Women’s Euro 2022. It is a small figure of only 16 million euros. Which is only 5% of the prize money budget for men in Euro 2020 and Euro 2024. This is a direct result of the popularity of women’s football being far from that of the men’s side. As a result, sponsorships and the value of various things related to the competition are still not comparable to the men’s tournaments, even though they are the same tournament.