Portugal are the reigning champions after seeing off France in 2016 but who are the frontrunners to lift the trophy next time?
Euro 2020 is just around the corner and it promises to be an exceptional tournament.
There were no automatic qualifying berths for this tournament due to a variety of different countries set to host matches, meaning every side had to get there in the usual ways of winning the group or a play-off.
So, who are the contenders for the crown? Goal takes a look at the odds.
Who are the favourites to win Euro 2020?
England are 5/1 favourites with bet365 to win the European Championship for the first time ever after finishing fourth at the World Cup in 2018.
Gareth Southgate guided the Three Lions to their joint-best finish and will now have his sights set on winning Euro 2020.
The final is being held at Wembley, which would certainly be a storybook ending to the tournament for a side that have previously never reached the showpiece.
World champions France are 5/1 with bet365 to win Euro 2020. A win would mark the second time they have held both the World Cup and the European Championship simultaneously, having also done so in 2000.
Les Bleus have won the European Championship twice in their history and were runners-up in 2016. Victory in the summer would move them level with Germany and Spain on three championships.
Didier Deschamps’ men won six and drew one of their matches on the way to winning the World Cup in 2018, beating Croatia 4-2 in the final to lift the iconic trophy for the second time.
Belgium are at 6/1 to win Euro 2020 and claim their first major trophy in history, having previously lost the final in 1980 and finished third at the 2018 World Cup.
The Red Devils are certainly one of the most talented squads in the world, boasting the likes of Eden Hazard, Kevin De Bruyne and Romelu Lukaku, and have been tipped by many to finally make their golden generation count.
Who are the Euro 2020 underdogs?
Spain are available at 7/1 to become the most successful team at the European Championship by winning their fourth title.
La Roja won the competition in 2008 and 2012, becoming the first side to retain the title in the process, and will be aiming to make up for a disappointing showing at the 2018 World Cup.
Bet365 offer 7/1 on Germany casting aside the ignominy of a group stage exit at the World Cup by winning Euro 2020.
Despite going into that tournament as champions, Joachim Low’s men lost twice and then were relegated from their Nations League after failing to win any of their four games, although they reached Euro 2020 with seven wins from eight games in qualifying.
Holders and Nations League champions Portugal are 8/1 to repeat their success of 2016, which would see them become the second side to win consecutive championships after Spain achieved the feat in 2012.
Who are the Euro 2020 outsiders?
Italy are available at 9/1 to bounce back from their own failure to reach the last World Cup by claiming their second European Championship title.
The Azzurri have never missed consecutive major tournaments and had few problems qualifying for this with 10 wins from 10 games as they search for a first continental title since 1968.
Netherlands failed to qualify for the last two major tournaments but are 12/1 to win Euro 2020 after seemingly turning around their fortunes.
The Oranje won their Nations League group and then reached this competition by taking 19 points from a possible 24, although the loss of Virgil van Dijk is a significant blow to their chances.
Bet365 price Croatia at 33/1 , with Denmark quoted at 33/1 whilst Turkey and Ukraine are both available at 50/1 .
Odds correct at the time of writing. Please gamble responsibly.