UEFA boss Michel Platini is finally starting to spread the wealth. After causing an uproar due to costly ticket prices at the recent Champions League Final between Barcelona and Manchester United at Londons Wembley Stadium, UEFA said the winners of next years Euro 2012, which will be held in Poland and Ukraine between June 8th and July 1st, will be eligible to win a total of 23.5 million euros (US $33.76 million) if they win all of their matches.

UEFA announced the prize money on June 17th after holding a two-day long executive meeting. The organization also called on FIFA to make some reforms in the next three months due to constant allegations of corruption in the world soccer governing body.

The total prize money offered by UEFA for the 16 teams at Euro 2012 now stands at 196 million euros (US $281.55 million). In the last tournament (Euro 2008), which was won by Spain, the total prize money was 184 million euros. All 16 teams will be guaranteed eight million euros for just making it to the championship tournament. A million euros will be earned for every win in the group stage while a draw is worth 500,000 euros.

A win in the tournaments quarter-final stage will net teams two million euros, and a win in the semi-finals will be worth three million. The championship-winning team will win an additional 7.5 million euros and the runners-up will be paid 4.5 million euros.

UEFA also announced the third-place teams in the group stage will make a million euros bonus money. A UEFA spokesman said this will motivate teams if the top two places in the group have already been decided before the group games have been completed. FIFA also said that players who reach 100 caps for their national teams will be awarded an official medal and commemorative cap by them. In addition, the 2013 European Champions League final will be held in England to commemorate the 150th birthday of the countrys football association, which was the fi! rst to b e launched in the world.

In related news, FIFA vice president Jack Warner resigned on June 20th, and all bribery investigations against him have been dropped. However, critics have said this further implicates FIFA as it appears Warner will be left alone as long as he resigned from the organization. Warner and executive member Mohamed Bin Hamman were under suspension over bribery allegations and Chuck Blazer is also being investigated by the organizations ethics committee.

Warners resignation comes after UEFA urged FIFA to reform the organization by September following the worst corruption crisis in the organization since Sepp Blatter took over as president 13-years ago. Blatter has now promised to clean up FIFA, and it appears Warners resignation could be a start. Blatter has also extended invitations to singer Placido Domingo and American statesman Henry Kissinger to join a new type of ethics committee.

UEFA released a statement which said its following the FIFA bribery scandal closely and expects them to keep its promises and to show some positive results or action by September of this year.