European clubs get €240m compensation to release players for Euro 2024

UEFA is offering €240 million over the 2020-2024 cycle as club compensation for releasing players for its national team competitions

UEFA have allocated €240 million to pay clubs for releasing their players for national team competitions in the 2020-24 cycle as part of its benefits programme, European football’s governing body said today.

The club benefits programme is based on the amount generated by the European Championship final tournament and paid to clubs that have contributed to the successful staging of all of UEFA’s national team competitions.

Following Euro 2020, a sum of €200 million was paid to 697 clubs from all 55 member associations. The allocated sum for the new cycle was approved in UEFA’s executive committee meeting yesterday.

UEFA added €100 million will be given for the release of players to the Nations League 2020-21 and 2022-23, as well as the European qualifiers for Euro 2024.

“This represents an increase of €30 million from Euro 2020 and will ensure more solidarity to a very large number of European clubs,” UEFA said in a statement.

“The amount secured for the release of players to the Euro 2024 final tournament will also be increased from €130 million to €140 million.”

Euro 2024 will be held in Germany.

Popular

Football Manager 2022 CDKEY

FIFA 21 CDKEY

Twitter Follow

Related Posts

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.