England is often the favorite team but often fails to achieve high achievements, especially in the European Cup after decades ago its best performance was ranked 3rd, only after that it made it to the final only to lose again, so even in the European Cup this time there will still be doubts about them being able to reach final because other teams look more solid when playing in an international tournament which England often doesn't have, and France will be the most favorite and also host team Germany which doesn't look good at the World Cup.
Right now, there is a large gap between France and other UEFA teams. And I would say that in case all of their players are fit, then France will lift the trophy without any effort in 2024. England comes close, but they have issues with consistency. Italy and Spain do have some promising younger players, but they are not performing well at international level. I don't want to talk too much about the dying teams such as Germany, Danmark and Netherlands. They are going down the drain, and I don't think that they will stay relevant to international football in the long term.
@Sithara007 France definitely have one of the best squad, but I won’t say that they’ll lift the trophy without much effort because they’ll need their star player’s to be injury free and only then will they have any chance of winning this tournament.
Also if Kane moves to Manchester United then he and Rashford could develop a strong bond, and this could be used by Southgate to help England win this tournament thus you see it’s too soon to pick a winner as there’re multiple scenarios which can play out leading to the start of this tournament.