2018/2022 World Cup Winning Bids
On 2 December 2010, Russia and Qatar were awarded the 2018 and 2022 World Cups, respectively.
The United States was a bidder for the 2018 and 2022 World Cups, although questions were being raised about the US bid and whether its economic impact on the US would in fact be as favorable as promised (http://www.umbc.edu/economics/wpapers/wp_10_121.pdf). A new report argues that the US World Cup in 1994 lost billions of dollars despite a positive economic impact estimate, noted that the same company is creating the estimate for the current bid, and predicts that a 2022 US World Cup could again lose billions of dollars in lost income.
Read more about this topic: Economics Of The FIFA World Cup
Famous quotes containing the words world, cup, winning and/or bids:
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“There’s always something suspect about an intellectual on the winning side.”
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