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Dublin: 7 °C Thursday 21 November, 2019

Here's how Iceland chose to spend some of their Euro 2016 money

The figures make for interesting reading from an Irish perspective.

THANKS TO ICELAND’S Euro 2016 heroics, the country’s players earned their Football Association a fee of €14 million for reaching the quarter-finals at Euro 2016.

With smaller football associations such as Iceland’s often having to make do with very limited resources, the Uefa prize money will likely serve as a huge boost to football on the island, which has a population of just over 330,000 people.

Interestingly from the money earned, the Nordic country chose to distribute €3,409,670 (453 million króna – roughly 25% of the total fee) to its football clubs, according to the Football Association of Iceland’s official website.

Some teams received more than others based on their league performances in recent seasons, though each club were given roughly €19,000 at the very minimum, while of the 47 recipients, 13 received six-figure sums (in terms of euros).

The figures make for interesting reading from an Irish perspective, particularly in light of the recent controversy surrounding the FAI’s distribution of €5,000 for each of the 20 SSE Airtricity League clubs to assist in the completion of five-year strategic plans, with St Pat’s and Derry City subsequently saying they would reject the offer, amid widespread suggestions that the funds being made available were derisory.

h/t @BitOForum

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Paul Fennessy

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