World Cup: Economics

1. Financial Win or Loss?

2. Key Administration

2.1. FIFA

2.1.1. Gianni Infantino (President)

2.1.2. Salman bin Ibrahim Al Khalifa (AFC) (Senior Vice President)

2.2. Host Country Administration

2.2.1. Political Leaders

2.2.2. Sport Leaders

2.2.3. Social Influencers

3. Host Country

3.1. bids against other nations

3.2. decided by ballot system (FIFA Congress votes)

3.3. countries often withdraw from vote

4. Competitors

4.1. 32 teams

4.2. knockout bracket style of competition

4.3. non host countries often still benefit by hosting viewing parties

5. Host Country Investments

5.1. invests in building stadiums, hotels, transportation and other infrastructure

5.2. receives no share of TV rights or ticket revenue

5.3. Goal: create revenue from tourism

5.4. Reality: infrastructure that is built is never used again, no taxes gained as FIFA has monopoly on the rights