THERE ARE AT LEAST TWO SIDES TO EVERY STORY

Hosting the World Cup will be a financial success and a huge benefit to the US, if the joint bid with Canada and Mexico succeeds, argues Ives Galarcep of Goal. He believes that having planned to host 60 out of 80 games strongly favoured the US. Joining forces with Canada and Mexico increases the likelihood of the bid being accepted. Galarcep quotes Sunil Gulati, the president of the US soccer federation, claiming that revenue from hosting the World Cup will be immense, given the large amount of people that will go to see the tournament. The US is having its cake and eating it too with the joint bid, infers Galarcep.

Keep on reading at Goal

To gain another perspective on hosting the World Cup we look at the Economist’s 2015 book review of Circus Maximus, by Andrew Zimbalist, which highlights the extensive hidden costs of international tournaments. These include creating a transport system for all the visitors and building expensive infrastructure that runs up long-term maintenance bills. Any arguments that these expenses are won back over time are misleading according to Zimbalist’s findings. He suggests that federations like FIFA end up pocketing a vast portion of the profits while leaving host countries with the most significant costs, most of which are unforeseen.

Keep on reading at the Economist
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