Euro 2016 prize money: Eventual winners could earn £18m from Uefa

 
Joe Hall
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Spain v Italy - UEFA EURO 2012 Final
Uefa have increased the potential prize money for a champions by £2.3m (Source: Getty)

The winners of next year's Euro 2016 tournament could earn over £18m after Uefa decided to increase the amount of cash it allocates for prize money.

A perfect Championship-winning tournament, featuring three victories in the group stage, would be worth the equivalent of £18.1m.

Meanwhile a disastrous campaign with no wins and no draws would still see a team make a minimum of £5.8m.

European football governing body Uefa pays every team a flat participation fee of £5.8m. A win in the group stage is worth around £700,000 and a draw £400,000.

Teams who make it out of the group into the knock-out stages will then earn £1.1m for reaching the round of 16, £1.8m for the quarter-finals and £2.9m for the semi-finals.

In the final, losers will pocket £3.6m while the winners will pick up £5.8m as well as the trophy.

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In total, Uefa has £218.1m to distribute amongst the competing nations in France next summer, a substantial increase from the £156m in 2012 and £145.9m in 2008.

That makes Euro 2016 worth more than even the 2014 Fifa World Cup in Brazil, which had a total prize money pool of £208.6m.

However, the tournament was still more lucrative to the winners, with eventual champions Germany making around £20m.

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