NYON, Switzerland — UEFA says it has created a 76.25 million euro ($94 million) prize fund for the inaugural Nations League.

The first champion will earn 7.5 million euros ($9.25 million).

The Nations League is replacing most international friendlies. All 55 UEFA members will play group matches in four tiers through November. The Final Four will be in June 2019.

UEFA says 12 top-ranked teams in League A will each get 1.5 million euros ($1.85 million). Group winners will get 1.5 million euros ($1.85 million) extra and advance to the final tournament, and the winner will get another 4.5 million euros ($5.55 million).

League B will pay 1 million euros ($1.23 million) per team, while in League C it’s 750,000 euros ($925,000) and in League D it’s 500,000 euros ($617,000). Group winners will double their money.

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