[1] A total of eight teams were originally to play in the tournament, with players born on or after 1 January 2002 eligible to participate.

[3] Same as previous editions held in odd-numbered years, the tournament would have acted as the UEFA qualifiers for the FIFA U-20 Women's World Cup.

The top four teams of the tournament would have qualified for the 2022 FIFA U-20 Women's World Cup in Costa Rica as the UEFA representatives.

With the cancellation of the tournament, the UEFA Executive Committee nominated the four teams with the highest coefficient ranking at the time for the qualifying draw (Spain, France, Germany and the Netherlands) as UEFA representatives for the World Cup.

France would have been the defending champions, having won the last tournament held in 2019, with the 2020 edition cancelled due to the COVID-19 pandemic in Europe.