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Euro 2012 winners stand to earn big money

The winners of next year's Euro 2012 championships in Poland and Ukraine could earn 23.5 million euros ($33.76 million) if they lift the trophy by winning all six matches in the group stage and knockout rounds, reports Reuters. UEFA fixed the total prize money for the 16 finalists at the European championships at 196.0 million euros ($281.55 million), compared to 184 million for Euro 2008.

Each of the 16 finalists will receive 8.0 million euros for reaching the championship, with 1.0 million euros on offer for a win in the group stage and 500,000 euros for a group stage draw.

Victory in the quarterfinals will be worth 2.0 million euros, a semi-final victory will add another 3.0 million euros to their pot, while the team winning the final will land another 7.5 million euro. The runner-up will collect 4.5 million euros.

UEFA have also decided to give a 1.0 million euro bonus to the team finishing third in the group. "This will act as an incentive if the top two qualifying places are already decided." a spokesman said.

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