Euro 2008 generated a net profit of €250 million for UEFA, the organisation has revealed.
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, said that in comparison with the 2004 finals in Portugal the 2008 event had seen improvements “in almost all areas”, including television viewing figures, high public transport usage and the lack of any major security incidents.
Organisers said the black market resale of tickets had been among the less satisfactory aspects of the competition.
More than 1.7 million ticket applications were cancelled before the event in connection with the black market.
“Clearly the black market remains a problem though,” Kallen said. “Despite all our efforts there were many, many tickets that ended up on the black market.
“We will have to look into what we can do about that in the future, although we know it is not something we can ever control one hundred percent.”