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Man United get slice of £119m windfall in summer transfer window amid Erik ten Hag sack decision

In Europe
June 08, 2024

Manchester United could be set for a handy windfall to their summer transfer window plans following the completion of this year’s 2024 UEFA European Championships, which kick off next week in Germany.

Erik ten Hag’s future at Old Trafford is yet to be decided by the club’s new minority owner Sir Jim Ratcliffe, but it’s apparent that whoever is in charge of the dugout come the end of the Euros, they’ll have received some new funds. The Red Devils have seen eight of their stars selected for the tournament by their respective nations, with Luke Shaw and Kobbie Mainoo both being chosen by Gareth Southgate for the 26-man England squad.

Scott McTominay is a sure-fire selection for Scotland while both Rasmus Hojlund and Christian Eriksen will face off against the Three Lions for Denmark in Group C. Both Bruno Fernandes and Diogo Dalot were called up for international duty by one of the pre-tournament favourites Portugal and Altay Bayindir found himself in Turkey’s 26-man squad.

Because of these players, Man United will receive a slice of the revenue generated by the tournament from UEFA under what is known as the Club Benefits Programme. It’s a scheme that has run during each major tournament since the 2018 World Cup and acts as compensation for clubs that have their players elected during the summer.

UEFA have already confirmed that the distribution system is unlikely to be very different to what it was during Euro 2020, meaning we can already get a good guess as to how much each club is likely to receive. Final details have yet to be confirmed, other than an announcement that the total amount paid to clubs for the finals would rise from €130m (£110m) to €140m (£119m).

The money each club will receive is paid as a fixed amount per player per day, with payments beginning 10 days before a team’s first match at the finals and going on up until a day after they are eliminated. At Euro 2020, a Category 1 club like Man United received €8,700 (£7,400) per player per day.

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It means that with eight players in the group stage, Man United will receive between £1.5 million and £2 million but could find themselves receiving more if more of those stars go further on into the tournament. Given the amount of players playing amongst the competition’s favourites, they could be set for a repeat of their success at the World Cup in 2022.

Following the Qatar tournament, which took place mid-season during the winter two years ago, United were given a massive £21.9 million with each club being paid £8,200 per player per day they were at that tournament with 12 players on duty in that tournament.

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