UEFA allocates 240 million euros for clubs in 2020-24 benefits programme

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

UEFA announced on Friday that it has set aside 240 million euros ($260 million) as part of its rewards scheme to compensate clubs for releasing their players for national team events in the 2020-24 cycle.

The club benefits programme is funded by the proceeds from the European Championship final tournament and is distributed to clubs who have helped UEFA stage all of its national team competitions successfully.
According to UEFA, a total of 200 million euros was distributed to 697 clubs from all 55 member associations following Euro 2020.
On Thursday, the assigned budget for the next cycle was agreed upon by UEFA’s executive committee.

The UEFA Nations League 2020-21 and 2022-23, as well as the European qualifications for Euro 2024, will receive an additional 100 million euros from UEFA.

“This is a 30 million euro boost over Euro 2020 and will provide greater solidarity to a big number of European clubs,” UEFA stated in a statement. “In addition, the money guaranteed for player release to the Euro 2024 final competition will be enhanced from 130 million euros to 140 million euros.”The 2024 European Championships will be held in Germany.

Subscribe to our newsletter
Subscribe to our newsletter
Sign up here to get the latest news delivered directly to your inbox.
You can unsubscribe at any time