The FIFA World Cup Seen as a Business

[funkie]

Alright so as you may have heard, the FIFA World Cup 2022 is currently going on in Qatar. Now let's take a look at the World Cup as a business model. Let's discuss all the ways that the host country and FIFA make money from the tournament. One way, for example, could be by people staying over in hotels in the host country. What else comes to your mind, drop it down below!

 

[Enxx]

Another is from the sold tickets to watch live matches.

 

[cherry123]

The food sold would also be money for the host country. Same with entertainment and even drinks that would be sold.

 

[Suba]

There are many ways for people from the country of Qatar to make money from FIFA World Cup 2022 matches, such as selling favorite soccer photos, selling shirts with football logos for each country, or if you live far from the match stadium you can open a cafe and watch together on the big screen.

 

[cherry123]

The thing is that the host countries are always making money from the hosting. So it is to find ways to key in and make money

 

[uptrendfinancialsignal]

FIFA world cup is a very wonderful event that is taking as a business.

 

[Reedex]

The FIFA World Cup has been a very big business because it should be one of the biggest event that could ever happen in the world and it was able to bag enough sponsorship.

 

[Niyi Briggs]

I have seen only a couple of international fifa matches played in my location and I can tell you the boost those matches had on economic and business activities in my state. All the hotels in the state were fully booked to start with.

 

[Bisolami]

Alright so as you may have heard, the FIFA World Cup 2022 is currently going on in Qatar. Now let's take a look at the World Cup as a business model. Let's discuss all the ways that the host country and FIFA make money from the tournament. One way, for example, could be by people staying over in hotels in the host country. What else comes to your mind, drop it down below!

It is indeed a business for them and they're even going to have a lot of people who will decide to be living in their country after the World Cup

 

[eldavis]

The host county definitely made lots of profit from this event. There where lots of guest tripping in, definitely they would need hotels to stay, they would also need places to eat, tourist centers as well. These are all ways to make money.

 

[IB D]

Any major sporting tournament hosted in any country is a chance for the commercial activities in that immediate locality to have a boost. The foreigners coming into the country would patronize local businesses.

 

[Bisolami]

The host county definitely made lots of profit from this event. There where lots of guest tripping in, definitely they would need hotels to stay, they would also need places to eat, tourist centers as well. These are all ways to make money.

They will need hotels to stay and they may even visit some tourist centres too

 

[Etini Willie]

Those host countries might not get to have returns on stadia build and repairs. But they gain as the economy of the country would be boosted and the tourism sector would be enhanced.

 

[cherry123]

Yes it is a business, a sporting tournament hosted in any country is a good opportunity for business. it is a chance for the commercial activities in that country to thrive

 

[Passiveearner]

this kind of business generates a lots of revenues because there are already so many businesses and companies that invest as sponsors in such kind of event that makes this event look so special.

 

[aovurevu]

Yes it is a business, a sporting tournament hosted in any country is a good opportunity for business. it is a chance for the commercial activities in that country to thrive

Yeah , it is an opportunity that comes once in a while as the country hosted lot of individuals from different countries and could increase sales for small and large business owners during those periods.

 

[cherry123]

Yes it is always a financial opportunity for any host country. The individuals from different countries would come in to increase sales for both the small and large business of the host country

 

[capri]

A country hosting a World Cup event gains business benefits in that the different airlines flying in people attending such tournament pay some form of tax. In addition, the businesses attending to planes at airports also pay taxes that help to boost the country's revenue.