The men's European Championship will remain on free-to-air TV in the foreseeable future.
There will be a 24 team tournament in Germany in 2024, but the format and hosts have not been decided.
Both broadcasters will show the finals of the tournaments.
England was defeated in the final of the European Championship by Italy.
The biggest sporting events can be seen by the widest audience according to the director of BBC Sport.
The previous Uefa European Championships were a huge success, so we're delighted that we've completed this deal for the next two tournaments that we hope will provide even more unforgettable moments for viewers.
The Euros will remain on free-to-air television for viewers for the next few years.
Last year's Euros saw the biggest ever UK single channel football audience of 28.6 million, and we're looking forward to bringing the very best coverage of tournaments that have such broad appeal.
The Euro 2020 final was watched by an audience of over 300 million.
The UK audience peaked at over 30 million for the match.
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