Gareth Southgate and the England squad would receive a hefty windfall if they were to overcome Spain in the Euro 2024 final on Sunday evening… or at least, they would, if they didn’t usually donate their match fees and bonuses to charity instead.
Not that it will be England’s primary motivator as they look to claim their first-ever European Championship trophy and their only major title besides the 1966 World Cup, but hey, it’s literally a nice bonus.
The total amount of prize money would run into eight figures, which is officially more money than any of the FourFourTwo writers have in their bank accounts.
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England would get bonus windfall from Euro 2024 triumph
According to Grosvenor Sport, the FA would receive £24m in prize money should they win the tournament, over half of which would be split between the coaching staff and the playing squad.
Gareth Southgate would pocket a cool £4m bonus for winning the tournament, while the players would take home an extra £370,000 apiece for a combined £9.6m.
The England squad that reached the Euro 2020 final were reportedly paid £300,000 a head in bonuses, though they had to wait a few months for it as the FA were still paying off government loans from the coronavirus pandemic.
England got through their group with a game to spare before edging past Slovakia, Switzerland, and the Netherlands to reach Sunday’s final in Berlin, coming from behind in all three of their knockout games.
Standing in their way are Spain, who have been the most impressive side in Germany throughout the summer and have generally looked comfortable on their way to winning every single one of their games.
They did however have to fight back from behind to beat Georgia in the round of 16 and France in the semi-finals, while their victory over Germany in the quarters came deep into extra time after the hosts equalised in the 89th minute.
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