How much will England or Italy earn if they win Euro 2020?
Participation alone earned England just under 8 million. Seven points and qualification from Group D then added another 3.44 million. Getting past Germany and Ukraine in the first two knockout rounds assured England of another 5.6 million and took their total earnings to about 17 million. Beating Denmark has allowed England to secure a further windfall of either 4.3 million as runners-up or 6.9 million as winners. England will earn 27.75 million (almost 24 million) in cumulative prize money from UEFA if they win Sunday nights final. That is roughly a third of the sum banked by Chelsea for winning last seasons Champions League. That does not include any earnings from commercial partners, who would also pay substantial dividends if England do lift the trophy. A cut of the winning figure  previously reported to be 40 per cent  will be passed on to the players as bonuses, resulting in a pot of about 9.5 million to be shared out among the 26. Each member of Southgates squad would be eligible for about 370,000 to accompany any winners medal. Englands players have also traditionally been paid 2,000 for every international game played, a sum then passed on to charity through the England Footballers Foundation, which was established in 2007. The prize money itself, offered up by UEFA, is not what it could have been after minor reductions were made owing to the impact of COVID-19 on revenue streams. The total funds that will be distributed fell from an initial 319 million to 285 million, with all 24 participating nations agreeing to a revised payment structure at the beginning of May. The lower figure is still significantly up on the 259 million prize pot that was up for grabs at the previous Euros in 2016. (Photo: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)