2006 World Cup - Germany
German government reported $400 million extra spend from tourists over the month.
They made $3 billion more in retail sales, merchandise etc.
50,00 new short term jobs prior to the event.
15 million more tourists than expected during the tournament.
The 2006 World Cup had an operating budget, for staging the event, of €430 million (not including capital infrastructure spend).
German F.A. reported a pre tax profit of €135 million. After paying tax and FIFA their €40.8 million fee the German F.A. reported total profit at €56.6 million.
God bless those Germans and their fastidiousness regarding accounting.
(can anyone explain why in a recession it helps to host an event which costs you the best part of £5 billion?)
German government reported $400 million extra spend from tourists over the month.
They made $3 billion more in retail sales, merchandise etc.
50,00 new short term jobs prior to the event.
15 million more tourists than expected during the tournament.
The 2006 World Cup had an operating budget, for staging the event, of €430 million (not including capital infrastructure spend).
German F.A. reported a pre tax profit of €135 million. After paying tax and FIFA their €40.8 million fee the German F.A. reported total profit at €56.6 million.
God bless those Germans and their fastidiousness regarding accounting.
(can anyone explain why in a recession it helps to host an event which costs you the best part of £5 billion?)
so without the benefits of a fortune teller there was no way to know there was going to be a worldwide crash
