Tottenham set for £119m Euro 2024 boost with Ange Postecoglou transfer window plans in place

Nathan Ake of Holland, Micky van de Ven of Holland celebrating the victory during the International Friendly match between Holland  v Canada at the Stadium de Kuip on June 6, 2024 in Rotterdam Netherlands
-Credit: (Image: Photo by Rico Brouwer/Soccrates/Getty Images)

Tottenham could be set for a new boost to their war chest ahead of this summer's transfer window following the 2024 UEFA European Championships which kicks-off next week in Germany.

Spurs have seen four of their stars selected for the tournament by their respective nations, despite James Maddison failing to make it as part of Gareth Southgate's 26-man England squad earlier this week. Pierre-Emile Højbjerg has been called up by Denmark, whilst defenders Radu Dragusin and Micky Van De Ven will be representing Romania and The Netherlands respectively.

Guglielmo Vicario has also been selected by Italy but is widely considered to be the number two choice behind Gianluigi Donnarumma, the shot-stopper that saved penalties from Jadon Sancho and Bukayo Saka in the Euro 2020 final at Wembley that secured the Azzurri their second Euros title.

Since they've had some of their players called up for international duty this summer, Ange Postecoglou's side 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 since the 2018 World Cup and acts as compensation for clubs that have their players selected 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, Category 1 clubs like Spurs received €8,700 (£7,400) per player per day.

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It means that, with four players in the group stage of the tournament, Tottenham will receive between £650,000 and £1.5 million - but could find themselves receiving more if those stars go further on into the tournament. For that to happen, Denmark would need to get into the knockout stages, potentially over England in Group C, whilst Romania would have to finish either first or second in Group E as they share a tournament start with Belgium, Slovakia and Ukraine.

Italy are another of the pre-tournament favourites to go all the way and lift the trophy and they'd only have to finish at the top or as runners-up of Group B but their group has Spain, Albania and Croatia in what could be a very difficult first three matches for them.

As for Van de Ven and the Netherlands, they're in what many are calling the 'Group of Death' with France, Austria and Poland all posing threats to a potential group stage exit.

After the 2022 World Cup in Qatar, which took place mid-season during the winter, Spurs were given an extra £2m after they sent 12 stars to the competition.

With Ange Postecoglou promising change towards the backend of their 2023/24 campaign following their failure to break into the top four, and therefore qualify for the Champions League, it may not seem like a lot of money but any extra funds could go a long way into bolstering the squad for next season's charge.