What is the Benefit of Hosting a Sporting Event?

[jankren]

People keep saying that hosting a sporting event is a waste of money and the expensive facilities are left picking up dust after the event.

However, if that is truly the case then countries should be competing not to host than the other way around.

So obviously there is a major benefit for hosting a sporting event.

[Jaketh]

they make more money from TV and people attending then they lose from building it

[Voodo chile]

hosting sports events only benefits them if it is major and even more if it is known internationally. Other sectors benefit from the massive increase in people around the area. Supermarkets make a bit more, hotels and motels get customers, taxis and buses and public transport in general, news coverage of the event and if it looks good on tv then people will want to go there in the future and puts the location on the map.

If they don't get enough people or only a few locals go then they dont really benefit at all and could lose money as a result.

[General Brittanicus]

Well in a place like Russia (who just won the right to host the 2018 world cup) they are going to have to upgrade their infrastructure networks and whatnot to host the tournament, so it will be bringing benefits for the people of russia, as will all the extra money that will be spent by all the fans who come to see it.

[k995]

Well in a place like Russia (who just won the right to host the 2018 world cup) they are going to have to upgrade their infrastructure networks and whatnot to host the tournament, so it will be bringing benefits for the people of russia, as will all the extra money that will be spent by all the fans who come to see it.

Russia and Qatar, will both huge loads of money . Both dont have the need for such infrastructure, both have pledge to redice or eleminate all income from taxes on the event itself or on selling any rights (so you just have some extra tourism)

No for the avg russian citizen this will only cost money, but no doubt some rich russian oligarch will make a lot of money out of it.

[Azog 150]

A big rise in tourism and lot more money pumped into the economy for the duration of the event. The opportunity for citizens of that country to go see some world class athletes. The money that subsequently goes into sports helping lead to more sports stars and (Hopefully) a fitter population. The money that goes into infrastructure and new stadiums that will last long after the event. Finally, the prestige of holding such an event and doing a good job of it.

[cupoftea]

And lots of prestige I reckon..

[Exarch]

People keep saying that hosting a sporting event is a waste of money and the expensive facilities are left picking up dust after the event.

However, if that is truly the case then countries should be competing not to host than the other way around.

So obviously there is a major benefit for hosting a sporting event.

investment money, especially if ur a developing country, they can go into infrastructure-look at the beijing olympics and the delhi commonwealth games, or the recent guangzhou asian games

and of course, publicity and tourism

[hellheaven1987]

investment money, especially if ur a developing country, they can go into infrastructure-look at the beijing olympics and the delhi commonwealth games, or the recent guangzhou asian games

and of course, publicity and tourism

Indeed, because Delhi Commonwealth game Indian government finally willing to upgrade part of their police force from WWI equipments (Lee-Enfield) to early Cold War equipments (I saw FNL is been equipped, the older version of course).

Still 60 years short though.

[Exarch]

Indeed, because Delhi Commonwealth game Indian government finally willing to upgrade part of their police force from WWI equipments (Lee-Enfield) to early Cold War equipments (I saw FNL is been equipped, the older version of course).

Still 60 years short though.

lol
i forgot to mention the other benefit is that first world countries get the opportunity to indulge in patronising the rather crappier living conditions and lifestyles of said developing nations who seek such sporting events as avenues of modernisation

[hellheaven1987]

lol
i forgot to mention the other benefit is that first world countries get the opportunity to indulge in patronising the rather crappier living conditions and lifestyles of said developing nations who seek such sporting events as avenues of modernisation

I believe Hitler holding same view when Nazi Germany host Olympic Game in 1936.

[Exarch]

I believe Hitler holding same view when Nazi Germany host Olympic Game in 1936.

reminds me of that bit in 'to kill a mockingbird' when scout talks about how hypocritical her teacher is when she condemns hitler's racism against the jews and yet displays racism against the african americans in louisiana

[Denny Crane!]

Lets just say the benefits are hugely debatable. The money that is spent on infrastructure may be used in ways that aren't beneficial in the long term, or they might be. Tourism might not rise significantly enough to help pay for it in the long term.

I'd say in Russia's case though that they don't have that much to lose, I'd imagine they would see a real increase in tourism in the long term because of the publicity, I doubt the same is true for Qatar.

[k995]

Lets just say the benefits are hugely debatable. The money that is spent on infrastructure may be used in ways that aren't beneficial in the long term, or they might be. Tourism might not rise significantly enough to help pay for it in the long term.

I'd say in Russia's case though that they don't have that much to lose, I'd imagine they would see a real increase in tourism in the long term because of the publicity, I doubt the same is true for Qatar.

I doubt it, seeing the kind of money they are thinking of spending this can never be compensated by just tourism. More likely this will be a huge huge drain on gouv finances wich will disapear for the most part into the pockets of some already insanly rich top .

[Denny Crane!]

I doubt it, seeing the kind of money they are thinking of spending this can never be compensated by just tourism. More likely this will be a huge huge drain on gouv finances wich will disapear for the most part into the pockets of some already insanly rich top .

That is unfortunately likely, it happened in India for the CG.

[Dodge]

Do you agree it is Tabbed Browsing!

[Vizsla]

Spending money on building stuff produces a statistical GDP boost. This makes people think your economy is doing better than it really is. They invest and offer to lend you money for less.
The bread and circuses aspect is also handy, particularly in undemocratic places.

[Manuel I Komnenos]

It is commonly said that one of the reasons for the destruction of the Greek economy were the Olympic Games of 2004..
I think the only benefit is to boost the image of your country so you can attract more tourists in the future, nothing more..

[Ahlerich]

prestige, extended bribary income, tourism

[Big War Bird]

If you build it they will come.