Euro 2024 winner will pocket £24m in UEFA prize money if they win every game en route to glory, with £283m on offer in total… as qualified teams await their group stage fate in Hamburg

• CLICK HERE for our complete guide to Saturday night’s Euro 2024 draw 
• The UEFA prize pot of £283million remains the same as Euro 2020 
• Why it’s NEVER OK to cheer in the press box (even if England win the World Cup!) – Listen here to It’s All Kicking Off! 

The champions of Euro 2024 will pocket £24million in prize money if they win every game at the tournament.

UEFA has revealed the prize pot will remain the same as at Euro 2020 with £283.5m to be distributed among the 24 teams who qualify for the competition in Germany.

Each of the participants takes home a guaranteed £7.9m with £856,000 paid out for a group stage win and £428,000 for a draw.

It means that if the champion wins all three of their group games they’ll pick up the jackpot of £24m, with a payment of £6.85m set aside just for the winner.

The 21 teams who have already qualified for Euro 2024 will discover who they’ll face in the group stage when the draw takes place in Hamburg on Saturday evening.

UEFA has revealed there will be a prize pot of £283.5million on offer for the Euro 2024 teams

The official Euro 2024 matchball on display in Hamburg ahead of Saturday evening’s draw

Italy go into next summer’s tournament as defending champions after beating England in the final of Euro 2020 – the winner can earn up to £24m in prize money

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The final three places will be determined by play-offs in March. Germany qualified automatically as hosts.

Euro 2024 prize money 

Total prize fund: £283.5million

Participating fee: £7.9m

Group stage victory: £856,000

Group stage draw: £428,000

Reach last-16: £1.28m

Reach quarter-finals: £2.14m

Reach semi-finals: £3.42m

Losing finalist: £4.28m

Winner bonus: £6.85m

Getting through to the last-16 next summer will earn a team £1.28m, the quarter-finals £2.14m and the semi-finals £3.42m. The losing finalist will receive £4.28m.

At the last Euros, played in 2021 following a Covid-19 delay, Italy beat England on penalties to lift the trophy at Wembley.

Gareth Southgate’s side are the bookmakers’ favourites to win Euro 2024 with France, Germany and Spain also among the fancied teams.

The draw, which gets underway at 5pm UK time, will see the teams divided into four pots of six. One nation from each pot will go into each of the groups.

Pot one features the top seeds based on qualifying performance with hosts Germany joined by Portugal, France, Spain, Belgium and England.

Pot two features Hungary, Turkey, Romania, Denmark, Albania and Austria.

Pot three sees Scotland joined by Netherlands, Croatia, Slovenia, Slovakia and the Czech Republic.

Pot four contains Italy, Serbia and Switzerland accompanied by the three play-off qualifiers to be determined in March.

England are the bookmakers’ favourites to go all the way and win the tournament in Germany

Scotland are in pot three for Saturday night’s Euro 2024 draw having qualified comfortably

Euro 2024 pots

Pot 1

Germany (Host)

Portugal

France

Spain

Belgium

England 

Pot 2

Hungary

Turkey

Romania

Denmark

Albania

Austria 

Pot 3

Netherlands

Scotland

Croatia

Slovenia

Slovakia

Czech Republic 

Pot 4

Italy

Serbia

Switzerland 

Play-off winner A

Play-off winner B

Play-off winner C 

Play-off Path A

Winner of Wales vs Finland to play winner of Poland vs Estonia 

Play-off Path B 

Winner of Bosnia vs Ukraine to play winner of Israel vs Iceland 

Play-off Path C 

Winner of Georgia vs Luxembourg to play winner of Greece vs Kazakhstan 

Wales are in Play-off Path A and will host Finland in the semi-final before taking on the winner of Poland vs Estonia.

Meanwhile, UEFA Executive Committee has signed off on format changes to the Women’s Champions League and the creation of a second competition for women’s clubs from the 2025-26 season.

The new Champions League format will see an 18-team league phase with three home and three away fixtures for each club followed by knockout rounds.

IT’S ALL KICKING OFF! 

It’s All Kicking Off is an exciting new podcast from Mail Sport that promises a different take on Premier League football.

It is available on MailOnline, Mail+, YouTube, Apple Music and Spotify.

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