Do You Know What Are the Economic Roles of the World Cup
Issued at:2018-07-10 Views:1596Reports show that as the world's 17th largest economy industry, the football industry in GDP of $500 billion, more than many countries and regions of the world. Released by Forbes the world's most valuable brand of sports, ranks third in the World Cup. Therefore, for the host country, host a World Cup tournament means reap dividends.
Nearly 20 years of previous World Cup, for example. The 2014 World Cup in
Brazil attendance reached their highest level in nearly 20 years, created a $15
billion for Brazil's economic benefits.
After the 2010 World Cup in South Africa, South African finance minister,
announced that the World Cup to bring $4.9 billion in revenue, and nearly
130000 jobs.
For the 2006 World Cup host nation Germany more than $20 billion in revenues,
but Germany for the World Cup in less than half that number.
2002 korea-japan World Cup and 1998 World Cup in France, also brought
considerable economic benefits for the host country. Data show that before the
1998 World Cup, France's gross national product (GNP) is negative. After the
World Cup, especially the French historic victory after a year, French GDP
turned negative to positive, up 4%.
Host is, of course, not every World Cup will make, behind the high yield tends
to be high investment, different countries of the World Cup in, pull on the
economy of the World Cup also have high low. But behind the World Cup winner
forever, I'm afraid is the FIFA.
By FIFA before results can be found, as an organizer of the World Cup, FIFA
gains in every World Cup has been made, "a one-way ticket.
The World Cup above as an example. The World Cup in Brazil in 2014, FIFA's
spending about $2 billion, including first prize, event organization,
broadcasting facilities costs. Income up to $4.8 billion at the same time, the
broadcast rights income accounted for half of $2.428 billion.
For FIFA's income, the most popular theory is "721" : 70% of its
revenue from all competitions, including the World Cup, the media copyright
income, 20% from the market, including commercial sponsorship revenue, the
remaining 10% for tickets and franchising sales revenue.