Lineker follows Alan Shearer in saying England face a tough challenge in this year's competition.
Gary Lineker: "It might make a pleasant change that our expectations for the team are rather low this year. But I reckon we'll end up disappointed as usual.
"As England invariably let you down it's great to have the Games to look forward to.
"They're an amazing showpiece for the nation and we're really good at putting on a spectacle.
"Also, the host country tends to up its game, so I think we'll break all our records and win a lot of medals."
Lineker took exception to the way the interview was presented in a national newspaper, with the headline: "Lineker: England team are losers".
The former Everton and Tottenham striker tweeted: "If anyone has a recording of me uttering the words 'England team are losers' I'll resign."
EURO 2012 FINALS MATCH SCHEDULE
All match kick-off times are BST.
GROUP STAGES
Friday June 8
Warsaw, Group A: Poland v Greece (1700)
Wroclaw, Group A: Russia v Czech Republic (1945)
Saturday June 9
Kharkiv, Group B: Holland v Denmark (1700)
Lviv, Group B: Germany v Portugal (1945)
Sunday June 10
Gdansk, Group C: Spain v Italy (1700)
Poznan, Group C: Republic of Ireland v Croatia (1945)
Monday June 11
Donetsk, Group D: France v England (1700)
Kiev, Group D: Ukraine v Sweden (1945)
Tuesday June 12
Wroclaw, Group A: Greece v Czech Republic (1700)
Warsaw, Group A: Poland v Russia (1945)
Wednesday June 13
Lviv, Group B: Denmark v Portugal (1700)
Kharkiv, Group B: Holland v Germany (1945)
Thursday June 14
Poznan, Group C: Italy v Croatia (1700)
Gdansk, Group C: Spain v Republic of Ireland (1945)
Friday June 15
Donetsk, Group D: Ukraine v France (1700)
Kiev, Group D: Sweden v England (1945)
Saturday June 16
Wroclaw, Group A: Czech Republic v Poland (1945)
Warsaw, Group A: Greece v Russia (1945)
Sunday June 17
Kharkiv, Group B: Portugal v Holland (1945)
Lviv, Group B: Denmark v Germany (1945)
Monday June 18
Gdansk, Group C: Croatia v Spain (1945)
Poznan, Group C: Italy v Republic of Ireland (1945)
Tuesday June 19
Donetsk, Group D: England v Ukraine (1945)
Kiev, Group D: Sweden v France (1945)
QUARTER-FINALS
Thursday June 21
Warsaw, QF1: Winner A v Runner-up B (1945)
Friday June 22
Gdansk, QF2: Winner B v Runner-up A (1945)
Saturday June 23
Donetsk, QF3: Winner C v Runner-up D (1945)
Sunday June 24
Kiev, QF4: Winner D v Runner-up C (1945)
SEMI-FINALS
Wednesday June 27
Donetsk, SF1: Winner QF1 v Winner QF3 (1945)
Thursday June 28
Warsaw, SF2: Winner QF2 v Winner QF4 (1945)
FINAL
Sunday July 1
Kiev: Winner SF1 v Winner SF2 (1945)