Britain and Ireland have announced plans for a bid to host the 2028 European Championship, the football associations of England, Northern Ireland, Scotland, Wales and the Republic of Ireland said in a joint statement on Monday.
The five associations have dropped plans to bid for the 2030 World Cup and will instead focus on the Euros.
"Hosting a UEFA EURO offers a similar return on investment, with the European tournament carrying a far lower delivery cost and the potential of the benefits being realised sooner," they said in a statement.
"We believe the UK and the Republic of Ireland can offer UEFA and European football something special in 2028 – a compact and unique five-way hosting collaboration that will provide a great experience for the teams and the fans."
The 2020 Euros were held in several host cities across Europe. The 2024 edition will be hosted by Germany.
(Reporting by Rohith Nair in Bengaluru; Editing by Alex Richardson)