Showing posts with label Economic impact. Show all posts
Showing posts with label Economic impact. Show all posts

Monday, June 14, 2010

The economics of the World Cup

It's big money, really big but host countries aren't the biggest winners when it comes to direct benefits.
"The only direct funding a host country receives from the proceeds of the World Cup are the ticket sales and the predetermined amount promised by FIFA for hosting. In the past host countries have banked on tourism to compensate for the costs of infrastructure and new stadiums."

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