Come tomorrow morning at 3am Singapore time, England will take on Italy in the Union of European Football Associations (UEFA) Euro 2020 final at Wembley Stadium in London, England.
On top of winning bragging rights, the winner of the Euro 2020 final will receive up to S$54.6 million (€34 million) in prize money according to UEFA.
This prize money is part of the €371 million (S$595.4 million) prize money pool that will be distributed to the teams participating in the final tournament of Euro 2020.
This is 23.3 per cent more compared to the €301 million (S$483 million) distributed at Euro 2016 in France.
TL;DR: UEFA Euro 2020 Prize Money
| Prize Money (Rounded up to $1,000) | England | Italy | |
|---|---|---|---|
| Winner | S$16,048,000 (€10,000,000) | ? | |
| Runner-Up | S$11,234,000 (€7,000,000) | ||
| Semifinalists | S$8,024,000 (€5,000,000) | S$8,024,000 | S$8,024,000 |
| Quarterfinalists | S$5,216,000 (€3,250,000) | S$5,216,000 | S$5,216,000 |
| Round of 16 | S$3,210,000 (€2,000,000) | S$3,210,000 | S$3,210,000 |
| Group Match Win | S$2,407,000 (€1,500,000) | S$4,814,000 | S$7,221,000 |
| Group Match Draw | S$1,204,000 (€750,000) | S$1,204,000 | — |
| Qualifying for Euro 2020 | S$14,845,000 (€9,250,000) | S$14,845,000 | S$14,845,000 |
| Total: | $37,313,000 | S$38,516,000 | |
Source: UEFA
How to Watch the Euro 2020 Final in Singapore: England vs Italy Euro 2020 Final
Unfortunately, you will not be able to legally watch the UEFA Euro 2020 final for free in Singapore.
To catch the final, you will have to subscribe to one of the official Euro 2020 content providers in Singapore.
Also, the match will be played this Monday, 12 July 2021 at 3am Singapore time.
How Much Prize Money Will the Euro 2020 Winners Receive?
Like most other football tournaments, the team that advances the furthest in Euro 2020 will receive the most prize money.
On top of winning this trophy, the winners of Euro 2020 will net S$16.0 million (€10 million) on the day of the final alone.
Whereas the runner-ups will only get S$11.2 million (€7 million).
But, both teams would have accumulated a substantial amount on the road to the final.
| Prize Money (Rounded up to $1,000) | England | Italy | |
|---|---|---|---|
| Winner | S$16,048,000 (€10,000,000) | ? | |
| Runner-Up | S$11,234,000 (€7,000,000) | ||
| Semifinalists | S$8,024,000 (€5,000,000) | S$8,024,000 | S$8,024,000 |
| Quarterfinalists | S$5,216,000 (€3,250,000) | S$5,216,000 | S$5,216,000 |
| Round of 16 | S$3,210,000 (€2,000,000) | S$3,210,000 | S$3,210,000 |
| Group Match Win | S$2,407,000 (€1,500,000) | S$4,814,000 | S$7,221,000 |
| Group Match Draw | S$1,204,000 (€750,000) | S$1,204,000 | — |
| Qualifying for Euro 2020 | S$14,845,000 (€9,250,000) | S$14,845,000 | S$14,845,000 |
| Total: | $37,313,000 | S$38,516,000 | |
Source: UEFA
As mentioned above, the most a team could receive in prize money from Euro 2020 is S$54.6 million (€34 million).
But to get this amount, the winners of Euro 2020 will have to win all three qualifying group-stage matches and all the knockout games.
Even the participation trophy is quite decent as each team in Euro 2020 will receive about S$14.8 million (€9.3 million) just for qualifying.
Also, all Euro 2020 teams will receive S$2.4 million (€1.5 million) for each group-stage win and S$1.2 million (€750,000) for each group stage draw.
When teams progress further in Euro 2020, they will earn substantially more for making it deeper into the tournament.
Here is how England and Italy are faring so far in terms of Euro 2020 prize money.
England Euro 2020 Prize Money
Since England won two and drew one match in the group stages, they currently qualify for about S$37.3 million in prize money.
If they win the final, they will stand to win about S$16 million more for a total of S$53.3 million.
Italy Euro 2020 Prize Money
Whereas for Italy, their team won all three matches in the group stages. This means that they currently qualify for S$38.5 million in prize money.
If they win the final, they will stand to win S$16 million more for a total of S$54.6 million.
England vs Italy Euro 2020: Who Will Win Based on Squad Value
But who will win the final?
The folks over at Transermarkt might have a clue.
England Euro 202 Squad Worth
England Squad (Total Market Value): S$2.02 billion (€1.26 billion)
Median Player Worth: S$68.2 million (€42.5 million)
Most Valuable Player: Captain and Striker Harry KaneS$192.6 million (€120 million)
Italy Euro 2020 Squad Worth
Italy Squad (Total Market Value): S$1.2 billion (€751 million)
Median Player Worth: S$35.3 million (€22 million)
Most Valuable Player: Central Midfielder S$104.3 million (€65 million)
Based on the value of their squads, England look like the favourites.
But football is never that simple.
Anything can happen during the game.
We don’t have to look too far for an example as in the Euro 2020 round of 16, underdogs Switzerland (population of about 8.6 million) managed to beat tournament favourites France.
Although Italy has a lower-valued squad, they have a spine of experienced and proven winners like Juventus defenders Giorgio Chiellini and
Whereas England has a younger and hungrier squad with exciting young attacking talents like Raheem Sterling, Mason Mount and Jadon Sancho.
Whatever the case, I am super excited for the Euro 2020 final and will be watching and cheering England on.
