Paper Title
How does hosting the FIFA World Cup economically impact the Federation Internationale de Football Association (FIFA) and the host country?
Article Identifiers
Authors
Shaurya Anand
Keywords
FIFA, Football, Economic growth
Abstract
FIFA is one of the biggest if not the biggest football organizations in the world and that is mainly due to the FIFA World Cup, the largest and most viewed football tournament in the world where country’s all over the world compete for the biggest sporting prize, the World Cup. Given the immensity of the World Cup, there are a lot of economic implications of hosting the event for both the federation and the host country. In terms of monetary values, there are expenses of around $2 billion incurred by FIFA but an even more sizable and attractive revenue generation of $5 billion through varying sources including and mainly pertaining to the selling of TV rights. With regards to the host country, there are also many benefits and drawbacks which are to be considered. While the main benefit of hosting the event is the economic expansion that it can facilitate, there are many questions regarding if this growth is truly sustainable in the long run. This paper will be analyzing all of the above within the scope of economics.
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How To Cite (APA)
Shaurya Anand (July-2022). How does hosting the FIFA World Cup economically impact the Federation Internationale de Football Association (FIFA) and the host country?. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(7), 770-779. https://ijnrd.org/papers/IJNRD2207093.pdf
Issue
Volume 7 Issue 7, July-2022
Pages : 770-779
Other Publication Details
Paper Reg. ID: IJNRD_182101
Published Paper Id: IJNRD2207093
Downloads: 000121986
Research Area: Arts
Country: New Delhi, Delhi, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2207093.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2207093
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
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