Wales and Scotland have dismissed plans to make a joint bid to host Euro 2016.
With the ever deepening economic crisis, both FA’s came to the conclusion that hosting the 24 team event would be too pricey.
As well as the actual event itself, providing training camps, transport and accommodation, millions of pounds would have to have been found to upgrade and build new stadia, particularly in Wales where the only stadium that currently meets Uefa guidelines is the Millennium Stadium in Cardiff.
As it stands, the only bid Uefa have received to stage the tournament is from France.
Deputy first minister and minister for economy and transport Ieuan Wyn Jones said:
The cost of bringing other venues up to this standard would run into tens of millions of pounds.
In the current economic and financial climate, this is unaffordable.
Meanwhile, a Scottish FA spokesman added:
The Scottish FA can confirm that we will not be pursuing a joint bid for the 2016 European Championships.
The infrastructure required for the new expanded tournament makes it extremely difficult for us to even consider hosting.