I was reading ACCA member magazine June 2014 edition.
There was write up on cost to organise world cup football.
Here's the list:
2010 (South Africa) - USD 12 billion
2014 (Brazil) - USD 13.3 billion
2018 (Russia) - USD 20 billion (estimation)
2022 (Qatar) - USD 65 billion (estimation)
Though, the host gets sponsorships from sportswear, tv rights, beverages, textitles etc. Nevertheless, there's a big chunk of amount need to be spent as organising cost.
Some countries do it to get more tourist, but what is it's already a country whom always gets tourist like russia and brazil. Anyway, it's something to consider for malaysia before they bid for 2030 world cup.
There was write up on cost to organise world cup football.
Here's the list:
2010 (South Africa) - USD 12 billion
2014 (Brazil) - USD 13.3 billion
2018 (Russia) - USD 20 billion (estimation)
2022 (Qatar) - USD 65 billion (estimation)
Though, the host gets sponsorships from sportswear, tv rights, beverages, textitles etc. Nevertheless, there's a big chunk of amount need to be spent as organising cost.
Some countries do it to get more tourist, but what is it's already a country whom always gets tourist like russia and brazil. Anyway, it's something to consider for malaysia before they bid for 2030 world cup.
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