According to French media outlet RMC Sport, the total prize pool for this year’s European Championship is €331 million. The 24 participating teams will receive a minimum of €9.25 million, with the champions taking home a maximum of €28.25 million.
UEFA has confirmed that, similar to Euro 2021, the teams participating in the European Championship will share a total of €331 million in prize money. Each of the 24 teams participating will receive an initial €9.25 million. In addition, extra prize money will be awarded based on the teams’ performance in the tournament.
Each win in the group stage will earn an additional €1 million in prize money, while draws will earn €500,000. Then, teams that advance to the round of 16 will receive an additional €1.5 million, and reaching the quarterfinals will earn them €2.5 million. Reaching the semi-finals will bring another €4 million in funds. Teams that reach the final will receive an additional €5 million in prize money, and the overall champion will receive €8 million in prize money. Thus, the champion of this year’s European Championship will receive a total of €28.25 million.
Here is a specific breakdown of the prize money distribution:
① €9.25 million for each participating team;
② Additional €1 million/€500,000 for each win/draw in the group stage;
③ Additional €1.5 million for reaching the round of 16;
④ Additional €2.5 million for reaching the quarter-finals;
⑤ Additional €4 million for reaching the semi-finals;
⑥ Additional €5 million for reaching the final;
⑦ Additional €8 million for winning the championship;
According to RMC Sport, if France wins the championship, the French Football Federation will distribute 30% of the total prize money to Deschamps’ team. This means that each French player will receive €297,368.
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