MUMBAI: Soccer clubs will get ?100 million for Euro 2012, gaining from the signing of a renewed MoU between the European Club Association (ECA) and Uefa in March 2012.

Around 580 clubs, representing all 53 Uefa national associations, will benefit from the distribution of payments, adding 400 clubs compared to the 180 that received a share in 2008.

Following a proposal of the ECA board, and after thorough discussion between UEFA and the ECA, the Uefa Executive Committee has approved the mechanism that will be applied to distribute payments to clubs from the revenue of Uefa Euro 2012.

This result has been made possible by the decision to reserve ?40 million for all clubs who released players for Uefa Euro 2012 qualification matches. These clubs will receive an equal share per player released for each qualification game.

The remaining ?60 million will be distributed to clubs who released one or more of their players for the Uefa Euro 2012 final tournament. 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. More details of the mechanism will be published at a later stage once the calculations are finalised.

Uefa president Michel Platini said of the agreement, "Thanks to an excellent cooperation between Uefa and the ECA, today?s decision will benefit the whole football family and help shape a good and solid future for football in Europe."

ECA chairman Karl-Heinz Rummenigge said, "The increase from ?55m to ?100m clearly recognises the significant contribution clubs make to the success of the tournament.The new distribution mechanism is the result of the great collaboration between ECA and Uefa. We are pleased with the overall outcome. It will not only benefit around 580 clubs, but football as a whole."

Meanwhile Platin described Euro 2012 as a unique event which has left an important legacy as he looked back on three memorable weeks that, he said, has also emphasised the special nature of national team football.