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UEFA make 250m euros profit from Euro 2008

Tuesday, July 29, 2008

ZURICH, July 29 (Reuters) - Euro 2008, co-hosted by Austria and Switzerland, generated a net profit of ¬250 million for UEFA, European soccer's governing body said on Tuesday. UEFA said the money would be used to finance its youth and women's competitions, refereeing and coaching programmes and administrative costs. Martin Kallen, chief operating officer for the event organisers, said that in comparison with the 2004 finals in Portugal the 2008 event had seen improvements 'in almost all areas' ...

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