Is the World Cup a giant waste of money?

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Host countries are growing wary

. Organisers insist all the construction will serve a purpose even after the final goals are scored. They should hope so. As an investment, sporting mega-events are almost always a dud .

Almost all the main expenses fall on the host country. FIFA, the sport’s governing body, covers only operational costs. Yet it takes home most of the revenue: ticket sales, sponsorships and broadcasting rights go into its coffers. The last World Cup, for instance, scored FIFA a cool $5.4bn, part of which is then transferred to national teams.

 

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The fight for 'equality and equity' didn't go as planned so now bash FIFA 😂

it bought legitimacy

FuckQatar

Fifa bribes are the reason it still exisits

Prestige of hosting the cup and global brand positioning of country QFA_EN. Excellent branding strategy. Qatar welcomes the world. Great boost to Gulf. CNN nytimes FT NBCNews CBSNews CNBC WSJ SCMPNews khaleejtimes gulf_news saudigazette arabnews DubaiEyeSport

the only winner is FiFA

Too much for 22 men to chase after a ball…

RaniaKisar The money has gone on its infrastructure Much of that to western companies which you won't find anyone blaming for nor the BBC PEDOPHILES

They should have probably entered a joint bid with Saudi Arabia and UAE considering the positive externalities accruing to both

outsidewrite No, the World Cup is not a waste of money. What a bad headline. Also, no one need worry about Qatar (not that anyone is). That country has more money than they know what to do with. They could host ten more World Cups that cost the same amount as this one and still be just fine

For Quarter, yes.

The whole world now knows Qatar

Should’ve sold beer.

For broke nations yes! Qatar takes in around $13 million per hour! $300 billion is a marketing budget!

It clearly not an investment to expect returns in cash but to open her up for tourism and perhaps in the next five years hence they did make that up from tourism and other social economic related investments

It's a future investment to me. They can boost their economy through tourism. They're trying to sell their hidden treasures.

It’s awesome 🤩 thank you QatarWorldCup2022 Qatar2022 soccer sports NFTs Qatar Peace

Speriamo invece che non abbiano il ritorno di entrate che sono state previste BoycottQatar2022

Luckily they can make that up in a few yrs. Let's actually celebrate that they spent part of that 300B on workers' salaries.

Yes. It also has a huge carbon footprint, especially this year's tournament.

When you have your own money, you can spend however you want. The difficult point is when you don’t have any penny, so don’t care much about Qatar and its QatarWorldCup2022 .

Qatar will set a new record. 🙄

Why don’t articles like these come out when countries like US, Switzerland, Germany, Brazil, France and Russia etc hosted it? Why now? How you use journalism to conveniently reinforce bias is applaudable

The next world cup should definitely be played in Turkey. The world's best stadiums are located in Turkey. But qatar is played there because it gives money to uefa.

Is eating food a giant waste of money?

Costs are lower with existing infrastructure - 2026 will be different.

Qatar wc $200bln investment… lucky if they get $5bln back …. Biggest dud ever

It is used as an alibi for mass money printing. It's a racket like most things in this world.

How about a giant waste of human lives? Using slave labor to build that monstrosity is a problem that is dismissed each time the World Cup is discussed.

Is the construction of pyramids a giant waste of money ?

As a Japanese taxpayer who lived through the Covid-lympics, yes, big ol' waste of money. The Olympics & World Cup are great & bring the world together, but the IOC & FIFA are just gangsters.

thousand spring together

Would love to see a chart on the Olympic Games input vs output?

Not for the ppl taking bribes

Yes,it is😔...and there are unacceptable political uses.

The people putting it on don’t care, because the cost is all public funds and the gains are all funneled into their own corporate holdings and pockets. It’s a net win for the corrupt.

How cute. Now do the Olympics

Nobody has ever even contemplated such research about the NFL SuperBowl. American football is clearly a superior game and endeavor, so have your soccer thingy, and then follow our game. We look forward to welcoming you! NFL Browns Giants steelers ChrisPlanteShow

Yep. The league makes a killing while the hosting city suffers. Same with the Olympics.

And only one built on the bodies of so many slaves. Guess which?

Sore heads. For all the money involved it's not about money. It's about glory. Conflicts resolved on the greatest stage human kind has yet conceived.

There is no way the reporter figures from Russia and Brazil are anywhere near correct 😂

Qatar around 220billion cost lol

Perhaps renaming it would bring in more revenues.....'The Universe Cup'.

World cupis a giant waste of everything.

Yea

YES Qatar2022

Strange chart, considering that the FIFA gets the mentioned ticket, broadcasting and sponsorship revenues. Shouldn't the costs for hosts be set in relation to increased tourism etc. instead?

Hosts get too caught up putting on a spectacle. Gimme high school stadiums and thousands of kegs of beer, I'll make a profit.

Is the monarchy or journalists or politicians a fuckin waste of money Yes

Research the 1976 Montreal Olympic games...

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