Consumer Expenditure During the Semi-Final Stage of The Men’s Euros 2024 Is Expected to Hit £491.4 million
During the semi-final stage of the Men’s Euros 2024, consumer spending is anticipated to reach £491.4 million.
- 26m Brits will watch at least one Semi-Final game, spending £491.4m
- Sales of food and drinks will hit £259.5m as 19m fans tune into the games from home generating £352.7m from retail spending
- 15.7m supporters will visit hospitality venues, spending £138.7m
- 15.4m pints are set to be consumed during England’s Semi-Final clash against The Netherlands
London, UK, 8th July 2024: British football enthusiasts are poised to inject £491.4 million into the UK economy during the Semi-Finals of the Men’s UEFA Euro 2024 tournament, according to a recent report.
The Men’s UEFA Euro 2024 Spending Report by VoucherCodes.co.uk, the UK’s leading discount site, forecasts that 26 million Brits will rally behind the Three Lions during the Semi-Finals on Wednesday, marking it as the tournament’s most watched stage to date.
Of these viewers, 19 million are expected to watch one or more games from home, driving total retail spending during this phase to £352.7 million as fans prepare for watch parties. Food and drink purchases will dominate, with approximately £259.5 million earmarked for snacks like pizzas, burgers, chicken wings, and crisps.
Capitalizing on favorable game times, an estimated £12.1 million will be spent on outdoor cooking products such as BBQs and pizza ovens. In anticipation of the matches, Brits are also projected to spend £39.6 million on sportswear, £16.3 million on electronics, and £8.2 million on decorations to enhance their viewing experience and cheer on the Three Lions.
Whilst retailers are expected to receive the largest boost, hospitality venues are set to welcome 15.7m new and returning visitors during the Semi-Finals, generating £138.7m. With supporters looking to soak up the atmosphere at their local, an estimated £78.1m will be spent on drinks and £60.6m on food.
A whopping 15.4m pints are also set to be consumed during England’s Semi-Final clash against The Netherlands alone, with 1.3m fans expected to flock to fan zones to watch the game.
England v The Netherlands, Wednesday 10th July
When it comes to the England v The Netherlands match specifically, 26.8m fans are expected to tune in, spending £358.4m across retail and hospitality venues.
17.5m spectators are set to watch England’s big game from home, with retail spend expected to reach £256.5m, comprised primarily of £186.7m worth of food and drink.
With 9.2m fans flocking to their local pub, hospitality sales during the game are set to reach £101.9m. This equates to £59.3m in drink sales, and a further £42.6m in food sales during the game.
Anita Naik, Savings Expert at VoucherCodes.co.uk commented: “There is a massive buzz around the nation as England get set to face The Netherlands in their huge Semi-Finals clash on Wednesday 10th July. Support for the Three Lions has been amazing throughout the whole tournament and it’s brilliant to see that the team have once again delivered under Gareth Southgate, as 26m fans tune into the penultimate stage of the competition.
“Whether you’re watching at home or at your local, check out VoucherCodes.co.uk for the best deals to make your money go further. If you plan on watching the games from the comfort of your own home, there are plenty of discounts available on the site from leading supermarkets like Asda, Sainsburys, and Morrisons. For example, you can currently get an exclusive £14 off your first Sainsbury’s order over £60 – perfect for stocking up on burgers and buns.”
