How much is Euro 2020 winner prize money? And how much money do the other teams in the tournament get for participating?
The Euro 2020, which is being held in 11 cities in 11 UEFA countries, is the 16th international European men’s championship organized by the Union of European Football Association (UEFA).
Seven of these 11 countries have never hosted the European Championship final before.
Furthermore, only two of the 11 stadiums have hosted the European Championship match before.
One city hosted three group stage matches and one round of 16 or quarter-final games, except for Saint Petersburg, which hosted six group stage matches.
London was scheduled to host two rounds of 16.
For stadiums, The Stadio Olimpico hosted the tournament’s opening game while Wembley Stadium in London has been scheduled to host the final.
The Aviva Stadium, which was supposed to host three group stages and one round of 16, was later abandoned due to a lack of adequate spectators safety from the COVID-19 pandemic.
The scheduled round of 16 games was moved to Wembley while the group stage matches were moved to Krestovsky Stadium.
Euro 2020 was originally scheduled to occur from 12 June to 12 July 2020, it was, however, postponed following the covid-19 pandemic surge around the world.
Changes In Tournament
On 31 March 2021, a maximum of five substitutes was approved for teams participating in the tournament.
However, teams could only make three changes for normal game time and introduced another two substitutes if the game elapsed to extra time.
IFAB permitted five substitutions to minimize the possibilities and effects of players’ burnout due to the unusual congestion of fixtures following the effects of Covid 19.
Also, following the call made by national team managers, UEFA expanded the number of eligible participating players in a team from 23 to 26 to help cushion the effects of a player in a team contracting COVID-19.
However, teams can only name a maximum of 23 players.
Water/cooling breaks were also introduced in this year’s tournament due to the burning summer temperature.
Every team was also allowed to choose a team base camp during their stay for the tournament.
The team trained and resided in these locations throughout their length of participation.
The ongoing tournament has already had a string of surprises, but the one that has dominated headlines was a scare that occurred during the group stage game of Denmark vs. Finland.
The game was suspended following the collapse of Denmark midfielder Christian Eriksen who suffered a sudden cardiac arrest.
He was later stabilized at a nearby clinic.
The Danish teams were given three options following the game disruption: continue the match that same day, continue the next day or forfeit the game in a 0-3 loss.
Denmark agreed to continue the match the following day.
Euro 2020 Winner Prize Money
The 24 qualified teams of the Euro 2020 tournament will share a total of €371 million, which is a 23% up from the prize money of the Euro 2016 tournament in France and a 50% increase from that of the 2012 Euro tournament.
All participating teams competing in the tournament will receive €9.25 million and another €1.5 million reward for every win in the group phase.
They will also win €750,000 for a draw.
Teams that advance gets to a knockout face, which means the winner will pocket a total of €20.25 million plus the earnings from the group stage.
The UEFA Euro 2020 prize money earnings are split as follows:
UEFA Euro 2021 prize money
- Participation fee – €9.25 million
- Drawing a group stage match – €500,000
- Winning a group stage match – €1 million
- Every team in the round of 16 – €1.5 million
- Every team in the quarter-finals – €2.5 million
- Every team in the semi-finals – €4 million
- Losing team in the final -€5million
- Winner of the final – €8 million
This article was most recently revised and updated 3 months ago