Home » FAW could earn over £18m at Euros

FAW could earn over £18m at Euros

Quids in: FAW Chief Executive Jonathan Ford will see a huge increase in revenue
Quids in: FAW Chief Executive Jonathan Ford will see a huge increase
in revenue

THE FAW could pocket over £18m if Wales win Euro 2016 in France in the summer of this year. However, even if they do not win the competition they will take home a minimum of €8m (£5.9m), on top of this there will be substantial bonuses for winning and drawing games.

The figures make exciting reading for grassroots football in Wales, with many clubs hoping that the increased revenue to the association from it’s first involvement in a major finals in over 50 years will see benefits throughout the Welsh game and not just at the top.

In total, UEFA has £218.1m to distribute amongst the competing nations in France next summer, a substantial increase from the £156m in 2012 and £145.9m in 2008.

That makes Euro 2016 worth more than even the 2014 FIFA World Cup in Brazil, which had a total prize money pool of £208.6m.

However, the tournament was still more lucrative to the winners, with eventual champions Germany making around £20m.

A perfect Championship-winning tournament, featuring three victories in the group stage, would be worth the equivalent of £18.1m.

online casinos UK

Meanwhile a disastrous campaign with no wins and no draws would still see a team make a minimum of £5.9m.

European football governing body UEFA pays every team a flat participation fee of £5.9m. A win in the group stage is worth around £700,000 and a draw £400,000.

Teams who make it out of the group into the knock-out stages will then earn £1.1m for reaching the round of 16, £1.8m for the quarter-finals and £2.9m for the semi-finals.

In the final, losers will pocket £3.6m while the winners will pick up £5.8m as well as the trophy.

However with the Welsh players recently staging a protest over unpaid bonuses, it would be no surprise to see a large amount of the money swallowed up by players and dignitaries with the general game in Wales missing out, but here’s hoping that won’t be the case!