An exorbitant sum. What is the potential earnings for the victor of Euro 2024?

The prize fund for Euro 2024 has surged to a record-breaking 371 million euros.

The distribution of the European Championship prize fund is as follows:

• Initial capital of 9.25 million euros for each of the 24 participants.
• 1.5 million euros for a victory in the group stage and 750,000 euros for a draw.
• 2 million euros for each country advancing to the Round of 16.
• 3.25 million euros for each country reaching the quarterfinals.
• 5 million euros for each country making it to the semifinals.
• 7 million euros for the runner-up in the final.
• 10 million euros for the winner of Euro 2024.

This implies that the European champion stands to earn up to 34 million euros in prize money during the tournament.

The draw for the Euro 2024 playoffs has recently taken place. Following the outcomes of the play-off matches, an additional 3 countries will be determined to join the European Championship in Germany.