Nyon, Switzerland - UEFA announced Thursday that it has finalised the financial calculations regarding payments to Europe's national football federations for them to pass on to their clubs for their contribution to Euro 2008. The payments are part of the agreement signed between UEFA and the European Club Association (ECA) in January of this year which allowed for the distribution of 43.5 million euros (55.1 million dollars) of Euro 2008 revenue to the national federations.
A total of 180 clubs are set to benefit from the scheme with the clubs providing the greatest number players for the tournament in Austria and Switzerland last summer receiving the largest sums, meaning Werder Bremen, Olympique Lyon and Bayern Munich will all get over 1 million euros.
German clubs will receive a total of 6.8 million euros, followed by Spain on 5.1 and England on 4.8 million. Moldova are last with 16,800 euros.
The clubs' share was calculated by the per player per day" amount multiplied by the number of days each player was at Euro.
For Euro 2012 the target total amount to be distributed is set at 55 million euros, provided the final financial results are substantially similar to those of this year's European Championships.
