The tournament also served as a qualifier for the 2011 EuroHockey Championship, with the finalists Ireland and Russia qualifying. Ireland won their second EuroHockey Nations Trophy title by defeating Russia 2–1 in the final and the hosts Wales won the bronze medal by defeating the Czech Republic 5–2.
The eight teams were split into two groups of four teams. The top two teams advanced to the semifinals to determine the winner in a knockout system. The bottom two teams played in a new group with the teams they did not play against in the group stage. The last two teams were relegated to the 2011 EuroHockey Championship III.