England and Spain will square off in the 2024 European Championship final on Sunday, July 14 at the Olympiastadion in Berlin, Germany. The competition began on June 14 and has consisted of 51 games total—36 in the group stage and 15 in the knockout stages. England is attempting to snap a 58-year trophy drought, while Spain is hoping to add a fourth Euro Championship title to their collection.
In December 2023, the UEFA Executive Committee approved the prize money distribution system for the teams participating in the tournament.
The prize money for the participating teams is set at the same level as UEFA EURO 2020, totalling €331 million.
The distribution key, as contained in UEFA’s website, is as follows:
Participating fee: €9.25m
Match bonus: €1.0m for a win and €500,000 for a draw
Qualification to the round of 16: €1.5m
Qualification to the quarterfinals: €2.5m
Qualification to the semi-finals: €4m
The runners-up will receive an additional payment of €5m
The 2024 European champions will receive an extra payment of €8m
The champion team could earn a maximum of €28.25 million if they won all three of their group matches.
On Monday, UEFA revealed that the tournament’s revenue comes from media rights, global sponsorships, ticketing, hospitality, and licensing.
