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English FA lose over £18M from Euro2008 failure

The English FA have potentially lost over £18 million from missing out on Euro2008.

All 16 teams receive a €7.5m starting bonus, €1m for a win and €500,000 for a draw.

It's €2m for a quarterfinal, €3m for a semi. The runners-up get an additional €4.5m, with €7.5m for the winners.

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