Euro 2020 prize money – What England stand to make if they win the competition

Every team which headed into Euro 2020 this summer had the ultimate hopes of winning the competition – but there can be only one champion.

Gareth Southgate and his men will be especially confident after a stellar year for most of the Three Lions’ key stars, especially after progressing top of the group, unbeaten and with three consecutive clean sheets.

England certainly haven’t been firing on all cylinders just yet, but after falling into a favourable side of the draw for the knockout, they will no doubt fancy their chances of success.

And it is not just glory on the pitch that the teams stand to gain from the competition or a shiny new medal, as there are also hefty financial rewards to be gained too.

Every nation that has qualified for the finals will take home at least some kind of cash sum, with more than €400million up for grabs across the tournament.

Here’s what each nation can win.

Gareth Southgate will be looking to lead England to glory at Euro 2020
Gareth Southgate will be looking to lead England to glory at Euro 2020

How much is at stake?

The tournament began on June 11 and is due to end a month later on July 11.

The Covid-19 pandemic and the year-long delay put a dent in preparations, but the winners can still expect to receive a tidy financial reward once they’ve lifted the trophy.

And even with the impacts of the pandemic, the Euro 2020 prize money has actually seen a considerable increase of 24% since the last tournament in 2016.

The winners will receive €10m (£8.6m), while the runners-up are each expected to bank €7m (£6m).

This would be simply for the final game and does not take into account the other performance-based earnings at the tournament.

Earning breakdown

Qualified for Tournament – €9.25 million (All 24 Teams)

Group Stage – €1.5 million (per win) & €750,000 (draw)

Round of 16 – €2 million (16 Teams)

Quarter-Finals – €3.25 million (8 Teams)

Semi-Finals – €5 Million (4 teams)

Runner-up – €7 Million

Winners – €10 Million

Total Prize Money – €456 Million

Can Southgate and his men do it?

Even though England have never won the competition, they now have a superb opportunity ahead of them to reach the final.

After battling through a difficult group stage draw against Croatia, Scotland and the Czech Republic, they now face Germany in the last 16.

Beyond that they will have to meet Sweden or Ukraine to make it to the semis, where any of Holland, Wales, Denmark or the Czechs again, will be waiting.

With France, Spain, Italy, Portugal and Belgium all on the other side of the draw, England have arguably never had a better chance of reaching a major final.

Do you believe England can win the tournament this summer? Leave your comments below.


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