UEFA has announced the prize money for EURO 2024 as we get ready for the quadrennial continental tournament next year.
The tournament will be played in Germany next year and 24 teams will participate in it. And ahead of the coveted competition, the apex body of European football announced the prize pool.

The total prize money for UEFA Euro 2024 is €331 million, which is the same as Euro 2020. Each 24 teams will be awarded €9.25 million for just participating in the tournament.
For each group stage match, the winning team will be awarded €1 million, whereas a draw means the two teams will get €500,000 each for sharing the spoils.
The teams advancing from their group to the last 16 will be awarded €1.5 million. From there, the money will increase as far as the nation goes into the tournament.
The eight nations reaching the quarter-finals will be awarded with €2.5 million, and the semifinalists will receive €4 million each.
The winning team of Euro 2024 will be awarded €8 million, whereas the runners-up team will receive €5 million.
| Stage | Prize Money in € | Prize Money in INR |
| Participating Fee | 9.25 million | 83.8 crore |
| Group Stage Win | 1 million | 9.065 crore |
| Group Stage Draw | 500k | 4.532 crore |
| Last 16 | 1.5 million | 13.6 crore |
| Quarter Final | 2.5 million | 22.6 crore |
| Semi Final | 4 million | 36.2 crore |
| Runners-Up | 5 million | 45.3 crore |
| Winner | 8 million | 72.5 crore |
The maximum prize money a team can win in the Euro 2024 is €28.25 million, which is INR 256.075 crore.
To win this much amount, the team will have to win all of their group-stage matches and then lift the trophy.