ENGLAND can win a maximum prize money of £ 24.29 million at Euro 2020 – after the UEFA and the national associations have agreed on a money cut.
The initial prize money budget for the tournament was a total of £ 319 million.
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England will play at Euro 2020 for a reduced price pot of £ 24 millionCredit: EPA
EURO 2020 PRIZE MONEY: Full Breakdown
GROUP STAGE
Scheduled – £ 8m
Currently – £ 8m
BONUS GAME
Planned – £ 1.29m to win, £ 645,000 to draw
Indeed – £ 860,000 for a win, £ 430,000 for a draw
LAST-16
Scheduled – £ 1.72m
Currently – £ 1.29m
QUARTER FINAL
Scheduled – £ 2.8m
Currently – £ 2.15m
SEMIFINALS
Scheduled – £ 4.3m
Currently – £ 3.44m
RUNNER UP
Scheduled – £ 6.02m
In fact – £ 4.3m
WINNER
Scheduled – £ 8.61m
Currently – £ 6.88m
However, as the Covid crisis caused a delay and the crowd was limited due to the pandemic, Uefa has now cut the prize pool to £ 284.55 million.
England, like the other 23 qualified nations, will receive a minimum payment of £ 8 million.
However, the group stage prize pool has been reduced from £ 1.29m per win (half if a tie) to £ 860,000 per win and half if a tie.
Qualifying for the final 16 is now worth £ 1.29m, down from £ 1.72m originally.
The quarter-finalists will now receive an additional £ 2.15m compared to the planned £ 2.8m.
Reaching the semi-finals will earn the FA an additional £ 3.44 million, 25 percent less than the original £ 4.3 million.
The winners and runners-up will now receive £ 6.88m and £ 4.3m, respectively.
These numbers are well below the original prices of £ 8.61m and £ 6.02m.
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Roy Keane believes England has a chance at Euro 2020 glory, with Marcus Rashford and Raheem Sterling trying to “explode” and prove their doubters wrong.
Keane said, “Sometimes you look at players who had a quiet spell – quiet because they set such high standards.
“Rashford and Sterling, for example.
“But I think that’s a good thing. You go into the tournament with the motto ‘These guys are ready to explode’.
“Gareth [Southgate] definitely likes Rashford and Sterling. “
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