Qatar's FIFA World Cup 2022 is the most expensive tournament so far.
Currently, nothing can be said about how much Qatar will benefit from the 2022 World Cup, but a large number of football fans are expected to arrive in Qatar.
Doha: Hosting a major tournament like the FIFA World Cup is not an easy goal for any country, which is why the host country (or countries) are announced 8 to 10 years in advance so that they can make their preparations accordingly. Can complete by time. The expenses for each World Cup are usually higher than the previous one, but the question is, what costs more for organizing the World Cup? When FIFA nominates a country to host, the purpose of the nomination several years in advance is to estimate costs. The host country of the global event also has to work on the renovation of the stadium.If the number of stadiums is less then new stadiums have to be built. Accommodation for the large number of tourists has to be managed and the transport system in the city needs to be improved so that the country has a good impression on the tourists who come to watch the matches.
According to a report by Dawn, initial expenses are provided by FIFA to get the work started, but other expenses are borne by the host country. The host country invests with the idea that the World Cup will strengthen its economy. At the same time, other countries also invest in the host country for profit. It should be noted that the total budget also includes the money that is given to teams, players and federations as prizes. It is a separate debate to what extent the host country's economy is strengthened by increased tourism and investment following the hosting of the World Cup. First, it is important for us to know how much budget was allocated for the preparation of the World Cups held in the past. Before the 1990s, FIFA did not disclose the costs of the host countries, but now a list of what is being spent on what is being spent in advance of the event is easily found on the Internet. If we examine the expenditure incurred on the last World Cup, some such figures come before us.
The World Cup of 1990. The budget of the World Cup held in Italy was 4 billion dollars, while Italy also earned huge profits in terms of hotels, kits, ticket sales and tourism. 1994 World Cup. Surprisingly, this World Cup, held in America, cost less than the previous World Cup. The total cost of the event was 50 million dollars. 1998 World Cup. The next FIFA Cup was then hosted by France. A budget of 2 billion 33 million dollars was spent on the 1998 World Cup, including hotels, accommodation of fans and cultural activities, increasing the capacity of the stadium. Matches were played at 10 venues in France, which saw a marked increase in match and flight ticket sales.
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