The fall in the U.S. dollar value last year cost UEFA about $55 million. The dollar value dropped about 9% in the first months of 2025, linked to investors’ waning confidence under President Donald Trump. Currency exchange losses of 47 million euros equated to $54.5 million. UEFA’s reserves fell to $605 million.

UEFA cited economic and geopolitical dynamics for the losses. The organization’s reserves were cut to $605 million due to the weakening dollar. UEFA acknowledged a disappointing outcome in asset management compared to previous years. UEFA needs to hold a big U.S. dollar position for hedge transactions.

UEFA’s net result was minus-46.2 million euros, financed from reserves. The dollar-driven losses almost equaled the overall net result. The men’s European Championship earned about 2.5 billion euros for the 2024 edition in Germany. UEFA relies on this revenue to fund member federations.

Read more at Yahoo Finance: UEFA cites fall in US dollar last year for $55 million loss in accounts