The UEFA confirmed that the total price pool will be £301m which will be distributed among 24 national teams.There is more than 50% increase in the previous prize money pool of €194m in 2012 euros.Each contending country will get €9.25 just for participating in addition to a further €1.5 million for every success in the gathering stage and €750,000 for a draw.They will be further prize after arriving in every round in the knockout stage.Every team will be awarded €500,000 for getting atleast a draw in their group match.When a teams wins a group match it will receive £1m.Teams that will proceed to the knockout stage will receive € 2.5m after winning a match.Teams that will manage to win a game in the quarter finals will be awarded 3.5m each for qualifying to the next round.Semi finalist will receive £4m each for playing in the semi finals.Runners up will receive €5m while the winners will receive a total of £8m which is equivalent to 1,155,228,909 Kenyan shillings.Potential earnings of Euro 2016 winners can reach as much as €27 million thats Equivalent to 3,123,124,125 Kenyan shillingsfor runners-up €24 million thats equivalent to 2,890,490,176 kenyan shillings .And losing semifinalists can pocket as much as €19 million thats equivalent to 2, 980,172,791 Kenyan shillings depending on how they perform in group stages.
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