Germany players will receive €300,000 each if they win the title at next year’s European Championship in Poland and Ukraine.

The German Football Federation (DFB) says the deal was reached in talks with captain Philipp Lahm and other senior members of the team.

The bonus for the title is €50,000 more than the players would have earned for winning the 2010 World Cup. Germany finished third. The DFB says more money will be distributed among the teams by the UEFA.

Reaching the quarterfinals will be worth €50,000, semifinals €100,000 and the final €150,000.