Benefits of hosting the FIFA World Cup

The FIFA World Cup is an international drug that takes place every four years. Fans around the world descend the host culture has brought an outpouring of color, passion and energy. The world is a wonderful game award the host country as a plus in the case and promised to convey to the world, tourism and inject millions of dollars into the economy.

FIFA, the international governing body of football (soccer)necessary to meet the hosts with detailed requirements and specifications, including security, transportation, housing, training facilities, the opening and closing ceremonies, marketing, sales promotion, ticketing, insurance and other administrative matters.

There are no financial risk to a value hosting an event? Infrastructure issues (such as airports, roads, stadiums and public transport) are to host such an event is usually one of the major complications. When Athens hosted the OlympicsGames in 2004, went to their budget of 1.6 billion U.S. dollars U.S. $ 16,000,000,000 Beijing in 2008 was U.S. $ 1.6 billion to $ 40 billion U.S. Price Tag th London for the 2012 Games will is burned at U.S. $ 5,000,000,000 to about 20 billion U.S. dollars th Until now, Africa is estimated to have spent U.S. $ 5 billion and South FIFA U.S. $ 1.1 billion on preparations before the World Cup kick-off of the 2010th

Potentially millions of dollars from tourists can be injected in small businesses, hotels,Restaurants, gift shops, tours and transportation from the host of the FIFA tournament. However, the costs associated with a significant influx of visitors, ensuring security for all fans and teams, the anti-terrorism activities, police work and racial sensitivity acquisition and installation of high-tech surveillance equipment.

The proceeds from the sale of tickets for games if it had not been reached again to fire the host country, may take years to recoup the costs of hostingas a global event. The story is about the success of hosting the FIFA tournament. country can benefit from this global event global risk and host its local suppliers in the industry in coming years.

The study by an economist at the American historical experience of host countries, since 1954 has shown that in 7 of the 13 tournaments since 1954, economic growth has been slower in World Cup year than two years before the event. On the other hand, 9of the 13 host countries since 1954, economic growth fastest in 2 years after the event showed.

As for the FIFA World Cup is that it brings together the world through the competition to promote cross-cultural interaction and understanding among peoples. In a world plagued by war, intolerance, racism, religion, FIFA World Cup with the universal brotherhood, whose benefits for humanity is impossible to quantify.

Round6 billion people watching the Olympics, but that pales in comparison to the 26 billion that is estimated to see FIFA World Cup.

South Africa hosts the 2010 FIFA World Cup in June-July. The next FIFA World Cup in July 2002 in June 2014 in Brazil, a country that was crowned World Champion 1958, 1962, 1970, 1994, ed.

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