UEFA Make Cash Payout To Newcastle From Euros!
The money floating around modern day football is quite mind bending and while a pot of 55m Euros was shared from the 2008 tournament, that has almost doubled this time around.
So Newcastle’s contingent of Cabaye, Ben Arfa and Krul will be bringing in extra cash to St.James’ Park, not fantastic amounts in the grand scheme of things but almost quite literally, money for nothing.
Forty million Euros will be shared between clubs who released players for UEFA EURO 2012 qualification matches, clubs receiving an equal share per player released for each qualification game.
The other sixty million will be distributed to clubs who released one or more of their players for the UEFA EURO 2012 final tournament.
In their statement UEFA have declared the 60m Euros will be split as follows; ‘The global amount will be broken down into a fixed amount per player per day, weighted in accordance with a club categorisation reflecting the different situations in European football’.
So that’s that one cleared up then!
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