ENGLAND can win a maximum £24.29m in prize money at Euro 2020 – after Uefa and national associations agreed a cash cut.
The initial prize money budget for the tournament planned a total pot of £319m.
EURO 2020 PRIZE MONEY: Full breakdown
Planned – £8m
Actual – £8m
Planned – £1.29m for win, £645k for draw
Actual – £860k for win, £430k draw
Planned – £1.72m
Actual – £1.29m
Planned – £2.8m
Actual – £2.15m
Planned – £4.3m
Actual – £3.44m
Planned – £6.02m
Actual – £4.3m
Planned – £8.61m
Actual – £6.88m
But with the Covid crisis causing a delay and crowds limited as a result of the pandemic, Uefa has now slashed the prize pool to £284.55m.
England, like the other 23 qualified nations, will get a minimum payment of £8m.
But the group stage prize money has been reduced from £1.29m per win (half that for a draw), to £860,000 for each victory and half for a draw.
Qualifying for the last-16 is now worth £1.29m, down from the original £1.72m.
Quarter-finalists will now receive an additional £2.15m, compared to the planned £2.8m.
Reaching the semis will net the FA an extra £3.44m, 25 per cent less than the initial figure of £4.3m.
And the winners and runners up will now receive £6.88m and £4.3m respectively.
Those figures are way down on the original prizes of £8.61m and £6.02m.
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Roy Keane reckons England have a shot of Euro 2020 glory, with Marcus Rashford and Raheem Sterling looking to ‘explode’ and prove their doubters wrong.
Keane said: “Sometimes you look at players who have had a quiet spell – quiet because they’ve set such high standards.
“Rashford and Sterling, for example.
“But I think that is a good thing. You’re going into the tournament going ‘these lads are ready to explode’.
“Gareth [Southgate] definitely likes Rashford and Sterling.”
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