>> |
SSG Posted Here
Hey guys, I am back again. I decided to look at this through the financial point of view. I know this is flawed, but considering I have spent times researching the financial gain a city makes/loses with a major sporting event/franchise, I know a little bit more then most do on the impace of sports on the economy, and the willingness of investors in these sorts of things.
First, you all need to remember that other European nations were (and still are) willing to invest in a different European country getting the WC/Olympics, due both to more tourists going all over the continent, and the fact that more fans from their nation(s) can be able to attend the games and cheer on their nation. However, who in Africa has money to invest in South Africa? And would people from any nation out of Africa want to invest in South Africa hosting these events? No, because there is little to no chance they will earn money from it, and little chance their fans can come to (hopefully) improve their performance at these events.
Now, you also must remember that (almost) all the nations around Spain and Greece were developed (in a European sense) by the time they hosted the Olympics, so those nations hosting the Olympics basically allowed them to catch up to the other nations. On the other hand, what nations are developed in Africa? I can only count one or two, and even those aren't in great shape. This creates a hole of oen nation being able to back up another with what gets through the borders, and in peoples willingness to stay in other countries before and after these big events.
Now, this doesn't mean that these games could be a rare exception, but my bet is on the South Africa games getting way lower support from other nations then most WC/Olympics kind of things, and possibly making South Africa not gain as much as most nations would for these things. Now I could be wrong, but the odds are on my side in this case. Here is hoping that I am wrong, though..............
|