When talking about compensation, many people may be more interested in the prize money in club matches. Few people know that in a national game like this, all famous players want and dream of playing in it, and consider it the highest honor in their football career in this way and it also came with a prize money.
Here's something you probably didn't know about the prize money at Euro 2024.
The UEFA Executive Committee still decided to use the same prize money distribution system as the last Euro, with an initial budget of €331 million, of which each participating country in the final round will receive €9.25 million immediately.
After that, they will receive an additional bonus of 1 million euros per match, if they draw, they will receive 500,000 euros. There is also a special additional prize money, if they reach the round of 16, they will receive 1.5 million euros immediately, the eight teams that enter the final will receive another 2.5 million euros, the semi-finalists will receive 4 million euros, and the winning team will receive another 8 million euros, if we take into account the performance of the Spanish team that wins each match. In this tournament, they will receive a total prize money of 28.25 million euros.
The governing body or football association of each competing nation will receive the prize money from UEFA, after which it is the duty and right of each association to determine how the prize money is used.
As for the players, generally footballers will not get this money because it is considered a service to the country without any wages, but some countries may have conditions for receiving wages according to the opportunity to play on the field or there may be bonuses according to the agreement. Together while the favorite team of the fans, England, they have a tradition of using all the proceeds for charity. Of course, the amount of money received will depend on your performance in the tournament.
Further comparison between the men's and women's competition As for the Women's Euro 2026, the budget that will be used for the prize money has not been revealed at this time, but if the prize money budget for the Women's Euro 2022 is compared to the past together, it must be said that this is a small figure of just €16 million. This represents only 5% of the men's prize money budget for the Euro 2020 and 2024 tournaments, a direct result of the popularity of women's football still being far behind that of men's football. This makes the sponsors and the value of the various things related to the competition still not comparable to the men's tournament, despite it being the same tournament.
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