$34M prize available for Euro 2012 winner

$34M prize available for Euro 2012 winner

Published Jun. 17, 2011 5:24 p.m. ET

The winner of the 2012 European Championship will receive up to ?23.5 million ($33.6 million).

UEFA agreed at its executive committee meeting to put aside ?196 million ($280.4 million) to split between the 16 finalists, an increase of ?12 million ($17.2 million) from Euro 2008.

Each team will receive ?8 million ($11.4 million) for qualifying. In the group stage, UEFA will give teams ?1 million ($1.4 million) for wins and ?500,000 ($715,000) for draws, while the third-place team picks up a ?1 million bonus ($1.4 million).

The quarterfinalists will receive ?2 million ($2.9 million), the semifinalists ?3 million ($4.3 million), the runners-up ?4.5 million ($6.4 million) and the winner ?7.5 million ($10.7 million).

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UEFA also announced Friday that players who have made 100 appearances for their countries will receive a commemorative cap and medal.

The executive committee also decided to extend the ban for players who deliberately incur yellow cards in UEFA competitions to two matches.

''Up to now, this kind of conduct has been penalized with a fine, but now there will be an additional match of suspension on top of the one automatically given after an accumulation of yellow cards,'' UEFA general secretary Gianni Infantino said.

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