Re:FIFA Officials Arrested on Corruption Charges; Face Extra...
by slg on Wednesday May 27, 2015 @12:19PM
(#9612413)
This is highly dependent on the host nation. The biggest factor is that they have already invested a large amount in infrastructure and/or will continue to make use of the facilities after the event. The 94 Cup in the US and the 2006 Cup in Germany are the two most recent examples. It is very hard for developing nations like South Africa, Brazil, or Qatar to have any chance of turning a net profit.
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Re:FIFA Officials Arrested on Corruption Charges; Face Extra...
by mikeryan on Wednesday May 27, 2015 @12:35PM
(#9612534)
Brazil at least also has the Olympics coming up so one would hope some of the infrastructure put in place for the World Cup will transfer over.
Who knows though.
Re:FIFA Officials Arrested on Corruption Charges; Face Extra...
by slg on Wednesday May 27, 2015 @12:59PM
(#9612732)
I'm not so sure how beneficial that will be. Some of the previous investments will carry over, but it will be more limited than one might first expect. The Olympics is a different kind of event and is focused on a single metro area or region while the World Cup is nationwide. Any money spent outside Rio and the surrounding area for the World Cup will be of little use for hosting The Olympics.
Re:FIFA Officials Arrested on Corruption Charges; Face Extra...
by wldcordeiro on Wednesday May 27, 2015 @01:24PM
(#9612907)
Who knows, I saw something recently about some of the stadiums built for the world cup being used as parking lots.