October 11 – With UEFA’s 55 nations entering their second and third rounds of Nations League fixtures the European governing body has announced a 50% increase in solidarity fees and a similar boost in prize money for group winners.
For League A sides that is a €750,000 increase to €2.25 million in solidarity fees with the same again if they win their group. For League D sides the increases are €250,000 to €750,000.
UEFA said the increases were “made possible by the UEFA’s solid financial situation, which was helped in part by earnings from UEFA EURO 2016 being set aside for future investment.”
With the inaugural Nations League immediately proving a hit with fans in the stadium and television audiences as the previously and generally meaningless friendly matches are replaced with games that have a real competitive edge, member associations can similarly expect revenues to continue to edge upwards as the Nations League proves its commercial value.
The group winners in League A who will play for the title in June will get a further revenue boost of an extra €1.5 million to €6 million for the winners and an added €1 million in prize money for the other top four positions.
In total the overall winner of the UEFA Nations leaguewill receive €10.5 million in solidarity and prize money. In comparison, Portugal who won the 2016 Euros, received €27 million in prize money.
Contact the writer of this story at [email protected]all.com