UEFA Euro 2016 Prize Money: UEFA Euro 2016 will kick off on 10, June 2016 in the France. UEFA has introduced few changes in the Format of the Tournament. 24 Teams will be in the next year’s Euro 2016, as UEFA has increased numbers of the team from 16 to 24. With UEFA has signed the new sponsorship deals and lucrative distribution of the television rights will add the total prize money of the Euro 2016. There is a jump in the prize money of Euro 2016 as compared to the previous edition of the competition in the 2012 which was jointly hosted by Ukraine and Poland in 2012.
Increase in the Prize Money of UEFA Euro 2016
With the addition of the eight more teams in the UEFA Euro 2016, the tournament consists of 51 matches. It is due to 65% increase in the games in 2016 than Euro 2012, which make the availability of the tickets more than 80%. With UEFA is expecting of the estimated revenue between €450 million to €500 million for Euro 2016, from the last tournament in 2012 UEFA generated revenue of the nearly €300 million. As the increase in revenue of UEFA from the Euro 2016 will add up to the prize money of the UEFA Euro 2016.
Method of the Prize Money distribution of UEFA Euro 2012
Start with the participation fee which was €8.5 million for the UEFA Euro 2012, plus with the bonuses depend on the team performance. Here is the breakdown of the prize money of Euro 2016.
UEFA Euro 2012 Prize Money Distribution
| Prize Money | |
| Participation Fee | €8 million |
| Drawing Grounp Match | €500,000 |
| Winning Group Match | €1 million |
| Finishing 3rd in Group | €1 million |
| Quarter Finals | €2 million |
| Semifinals | €3 million |
| Runnerups | 4.5 million |
| Champions | €7.5 million (€24 million in total) |
Euro 2016 Prize Money:
UEFA has increased Participation of the fee to €12m for the UEFA Euro 2016 which was €8 million in Euro 2012. The Prize Money of the UEFA Euro 2016 will be estimated €300 million which will be distributed among the 24 teams that will take part in the Euro 2016 which will be held in France.
Prize Money for the Winners of the UEFA Euro 2016:
The winner of the Euro 2016 will pocket the prize money between the €30m to €35m. Last term Champions Spain were awarded with €24 million in total of prize money in 2012.
UEFA Euro Prize Money Distribution:
| PAYMENT | DETAILS | |
| Participation Fee | €8 million | For each and every 16 teams |
| Drawing Grounp Match | €500,000 | For drawing a match in group stage |
| Winning Group Match | €1 million | Every time a team wins a group match |
| Finishing 3rd in Group | €1 million | Awarded to team finishing 3rd in every group |
| Quarter Finals | €2 million | Awarded to all eight teams in QFs |
| Semifinals | €3 million | Awarded to all four teams in SFs |
| Runnerups | €4.5 million | Awarded To Team losing in the final |
| Champions | €7.5 million | Awarded to Final Winners (Spains total earnings were €24 million in Euro 2012) |
