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[bumbleblue]

Cheers for that tricky and hello, hope we get it now , didn't give a shit before.. funny innit that Eddie swung it for me thought he was excellent.

 

[lloydie]

The 'economy boost' line is rubbish, all you can ever hope for from hosting a major tournament is prestige and breaking even.

I'd still love it though.

You sure?


<a class="postlink" href="http://www.timesonline.co.uk/tol/sport/football/international/article6945377.ece" onclick="window.open(this.href);return false;">http://www.timesonline.co.uk/tol/sport/ ... 945377.ece</a>

<a class="postlink" href="http://www.dailymail.co.uk/money/article-1285959/World-Cup-score-1-6bn-boost-Britain-s-economy.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/money/articl ... onomy.html</a>

<a class="postlink" href="http://www.infosurhoy.com/cocoon/saii/xhtml/en_GB/features/saii/features/main/2010/05/24/feature-03" onclick="window.open(this.href);return false;">http://www.infosurhoy.com/cocoon/saii/x ... feature-03</a>

<a class="postlink" href="http://www.marketresearchworld.net/index.php?option=com_content&task=view&id=3508&Itemid=77" onclick="window.open(this.href);return false;">http://www.marketresearchworld.net/inde ... &Itemid=77</a>

<a class="postlink" href="http://www.thisisplymouth.co.uk/sport/Risk-chance-door/article-2956324-detail/article.html" onclick="window.open(this.href);return false;">http://www.thisisplymouth.co.uk/sport/R ... ticle.html</a>

<a class="postlink" href="http://www.mg.co.za/article/2010-04-22-foreigners-to-boost-sa-economy-during-world-cup" onclick="window.open(this.href);return false;">http://www.mg.co.za/article/2010-04-22- ... -world-cup</a>

<a class="postlink" href="http://uk.ibtimes.com/articles/28748/20100615/south-africa.htm" onclick="window.open(this.href);return false;">http://uk.ibtimes.com/articles/28748/20 ... africa.htm</a>

<a class="postlink" href="http://www.thisislondon.co.uk/markets/article-23843846-dont-believe-the-hype---economic-benefits-of-world-cup-fever-are-overrated.do" onclick="window.open(this.href);return false;">http://www.thisislondon.co.uk/markets/a ... errated.do</a>

 

[kippaxwarrior]

Its in the bag

Paul the Octopus said so before he died!!!

 

[SWP's back]

You sure?


<a class="postlink" href="http://www.timesonline.co.uk/tol/sport/football/international/article6945377.ece" onclick="window.open(this.href);return false;">http://www.timesonline.co.uk/tol/sport/ ... 945377.ece</a>

<a class="postlink" href="http://www.dailymail.co.uk/money/article-1285959/World-Cup-score-1-6bn-boost-Britain-s-economy.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/money/articl ... onomy.html</a>

<a class="postlink" href="http://www.infosurhoy.com/cocoon/saii/xhtml/en_GB/features/saii/features/main/2010/05/24/feature-03" onclick="window.open(this.href);return false;">http://www.infosurhoy.com/cocoon/saii/x ... feature-03</a>

<a class="postlink" href="http://www.marketresearchworld.net/index.php?option=com_content&task=view&id=3508&Itemid=77" onclick="window.open(this.href);return false;">http://www.marketresearchworld.net/inde ... &Itemid=77</a>

<a class="postlink" href="http://www.thisisplymouth.co.uk/sport/Risk-chance-door/article-2956324-detail/article.html" onclick="window.open(this.href);return false;">http://www.thisisplymouth.co.uk/sport/R ... ticle.html</a>

<a class="postlink" href="http://www.mg.co.za/article/2010-04-22-foreigners-to-boost-sa-economy-during-world-cup" onclick="window.open(this.href);return false;">http://www.mg.co.za/article/2010-04-22- ... -world-cup</a>

<a class="postlink" href="http://uk.ibtimes.com/articles/28748/20100615/south-africa.htm" onclick="window.open(this.href);return false;">http://uk.ibtimes.com/articles/28748/20 ... africa.htm</a>

A report by UBS Investment Research (from February 2010) estimated that preparation for the World Cup – which commenced four years ago – has added between 0.5% and 2.2% to South African GDP (depending on which infrastructure projects one considers); and overall had created in excess of 300,000 jobs since 2006 – a 2.7% contribution to employment figures.

UBS research also indicated that the three previous World Cup hosting-countries saw their GDP grow by 1.8% on average during the year of the tournament – although determining how much of the growth was associated with the tournament itself is very difficult to ascertain and likely falls well below this number.

As an emerging market, the economic backdrop in South Africa remains fragile and somewhat risky, but filled with great potential.

<a class="postlink" href="http://www.thisislondon.co.uk/markets/article-23843846-dont-believe-the-hype---economic-benefits-of-world-cup-fever-are-overrated.do" onclick="window.open(this.href);return false;">http://www.thisislondon.co.uk/markets/a ... errated.do</a>

I have actually quoted from your first source above. Looks ok to me.

The second source you have is an opinion piece with no facts and figures and uses terms and passages such as :

This might be good for individual businesses as a whole but is not doing much for UK productivity (if you hadn't guessed already, then no, there is no evidence that productivity is affected by the World Cup either).

for most businesses, the truth is probably that the Cup will have no effect at all

Purchase of high-definition TV sets may have been accelerated by the World Cup, but these are mostly purchases that would have been made anyway within a year or so..

Thanks for the read lloydie but neither really puts me off or changes the facts in the half dozen articles I linked.

 

[without a dream]

You sure?


<a class="postlink" href="http://www.timesonline.co.uk/tol/sport/football/international/article6945377.ece" onclick="window.open(this.href);return false;">http://www.timesonline.co.uk/tol/sport/ ... 945377.ece</a>

<a class="postlink" href="http://www.dailymail.co.uk/money/article-1285959/World-Cup-score-1-6bn-boost-Britain-s-economy.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/money/articl ... onomy.html</a>

<a class="postlink" href="http://www.infosurhoy.com/cocoon/saii/xhtml/en_GB/features/saii/features/main/2010/05/24/feature-03" onclick="window.open(this.href);return false;">http://www.infosurhoy.com/cocoon/saii/x ... feature-03</a>

<a class="postlink" href="http://www.marketresearchworld.net/index.php?option=com_content&task=view&id=3508&Itemid=77" onclick="window.open(this.href);return false;">http://www.marketresearchworld.net/inde ... &Itemid=77</a>

<a class="postlink" href="http://www.thisisplymouth.co.uk/sport/Risk-chance-door/article-2956324-detail/article.html" onclick="window.open(this.href);return false;">http://www.thisisplymouth.co.uk/sport/R ... ticle.html</a>

<a class="postlink" href="http://www.mg.co.za/article/2010-04-22-foreigners-to-boost-sa-economy-during-world-cup" onclick="window.open(this.href);return false;">http://www.mg.co.za/article/2010-04-22- ... -world-cup</a>

<a class="postlink" href="http://uk.ibtimes.com/articles/28748/20100615/south-africa.htm" onclick="window.open(this.href);return false;">http://uk.ibtimes.com/articles/28748/20 ... africa.htm</a>

<a class="postlink" href="http://www.thisislondon.co.uk/markets/article-23843846-dont-believe-the-hype---economic-benefits-of-world-cup-fever-are-overrated.do" onclick="window.open(this.href);return false;">http://www.thisislondon.co.uk/markets/a ... errated.do</a>

I attended some lectures last year as part of a shitty module I was forced to do at Uni and they had a fella in who was involved at a pretty high level in the IOC and he gave us a talk on organising major sporting events. Clearly his experience is with the Olympics but I would say it's reasonable to compare and he said that the financial goal of any bid, whether publically stated or not, was to break even. I may well be wrong though.

I can't imagine 'Dave' would be getting quite the support he is if he was chasing a loss/break even in Zurich.

 

[SWP's back]

<a class="postlink" href="http://uk.ibtimes.com/articles/28748/20100615/south-africa.htm" onclick="window.open(this.href);return false;">http://uk.ibtimes.com/articles/28748/20 ... africa.htm</a>

<a class="postlink" href="http://www.thisislondon.co.uk/markets/article-23843846-dont-believe-the-hype---economic-benefits-of-world-cup-fever-are-overrated.do" onclick="window.open(this.href);return false;">http://www.thisislondon.co.uk/markets/a ... errated.do</a>

I attended some lectures last year as part of a shitty module I was forced to do at Uni and they had a fella in who was involved at a pretty high level in the IOC and he gave us a talk on organising major sporting events. Clearly his experience is with the Olympics but I would say it's reasonable to compare and he said that the financial goal of any bid, whether publically stated or not, was to break even. I may well be wrong though.

I can't imagine 'Dave' would be getting quite the support he is if he was chasing a loss/break even in Zurich.

Yeah mate, to break even from the event in terms of costs Vs income.

But that is totally seperate to jobs creation and the impact on the wider economy as a whole in terms of tourism, foreign monies etc is something else. Read the above sources in terms of the last 3 hosts:

A report by UBS Investment Research (from February 2010) estimated that preparation for the World Cup – which commenced four years ago – has added between 0.5% and 2.2% to South African GDP (depending on which infrastructure projects one considers); and overall had created in excess of 300,000 jobs since 2006 – a 2.7% contribution to employment figures.

UBS research also indicated that the three previous World Cup hosting-countries saw their GDP grow by 1.8% on average during the year of the tournament – although determining how much of the growth was associated with the tournament itself is very difficult to ascertain and likely falls well below this number.

 

[lloydie]

tbh SWP I didn't read them myself, just put them up for a bit of balance, and it is all about opinions of course, the bits from my links you quoted are also open to interpretation and do not consider or compare with other economic activity, I put them up because those you quoted have a vested interest in hyping the benefits, I'm pretty neutral on the issue tbh but retain some scepticism if only because expectations have been raised and legacy promises made that have not been fulfilled for previous international sporting events. Certain parties will certainly benefit, it would be helpful if we took a closer look at exactly who those parties are.

On the plus side for me, on a selfish basis, if it dovetails with our owners plans, heck why not!

 

[JoeMercer'sWay]

England won't win.

 

[SWP's back]

tbh SWP I didn't read them myself, just put them up for a bit of balance, and it is all about opinions of course, the bits from my links you quoted are also open to interpretation and do not consider or compare with other economic activity, I put them up because those you quoted have a vested interest in hyping the benefits, I'm pretty neutral on the issue tbh but retain some scepticism if only because expectations have been raised and legacy promises made that have not been fulfilled for previous international sporting events. Certain parties will certainly benefit, it would be helpful if we took a closer look at exactly who those parties are.

On the plus side for me, on a selfish basis, if it dovetails with our owners plans, heck why not!

Fully agree fella, the bits you quoted are interesting though, you should give them a read.

I want a spanking new stadium with £15 tickets (not gonna happen but we can all wish I guess)

 

[without a dream]

I attended some lectures last year as part of a shitty module I was forced to do at Uni and they had a fella in who was involved at a pretty high level in the IOC and he gave us a talk on organising major sporting events. Clearly his experience is with the Olympics but I would say it's reasonable to compare and he said that the financial goal of any bid, whether publically stated or not, was to break even. I may well be wrong though.

I can't imagine 'Dave' would be getting quite the support he is if he was chasing a loss/break even in Zurich.

Yeah mate, to break even from the event in terms of costs Vs income.

But that is totally seperate to jobs creation and the impact on the wider economy as a whole in terms of tourism, foreign monies etc is something else. Read the above sources in terms of the last 3 hosts:

A report by UBS Investment Research (from February 2010) estimated that preparation for the World Cup – which commenced four years ago – has added between 0.5% and 2.2% to South African GDP (depending on which infrastructure projects one considers); and overall had created in excess of 300,000 jobs since 2006 – a 2.7% contribution to employment figures.

UBS research also indicated that the three previous World Cup hosting-countries saw their GDP grow by 1.8% on average during the year of the tournament – although determining how much of the growth was associated with the tournament itself is very difficult to ascertain and likely falls well below this number.

?

The last 3 hosts are a developing nation for whom spending $3.5 billion would be a hugely significant and 2 extremely well developed nations in an economic boom time, Britains GDP grew by 2.7% in 2006.