After flooding, iron reduction in riverine wetlands may cause the release of large quantities of phosphorus. As phosphorus is an important nutrient causing eutrophication in aquatic systems, it is important to have a tool to predict this potential release. In this study we examined the P release to the soil pore water in soil cores from floodplains in the Netherlands and from less anthropogenically influenced floodplains from Poland. During the inundation experiment, concentrations of P in the pore water rose to 2–90 times the initial concentrations. P release was not directly related to the geographic origin of the soils. An important predictor variable of P release was found in the ratio between the concentration of iron-bound P and amorphous iron. This ratio may provide a practical tool for the selection of new areas for wetland creation, and for impact assessment of plans for riverine wetland restoration and floodwater storage.