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Does participating in football tournaments improve a nation's economy? - Sports - Nairaland

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Does participating in football tournaments improve a nation's economy? by lordtosan(m): 9:48am On Jun 12, 2015
I have often wondered about the above question. Every tourney see footballing nations frantically pumping huge chunk of their hard-earned national incomes into their respective teams with the sole view of making their teams sure-footed and going all the way to clinch 'a conveted trophy' in the last resort. Over 20 players and technical crew are paid huge remunerations by these nations. Needless to talk about the money spent on Jerseys, training venues, hotels, match bonus, flight-tickets, supporters' clubs etc. And very often, most of these nations after incuring such extortionate expenses, fail to go pass the group stage and return home without the trophy. And even the nation that eventually wins it have got zilch to show such win impacted on their economic positively. Brazil's economy, 5 times winners of the fifa world cup, comes to mind. One would think brasil's economy should have been leap-frogged after such many world cup wins. Quite the contrary, brasil's economy is way behind indian's economy who are yet to make a world-cup appearance since eon.
Flowing from these observation, i like to ask what does a nation stand to gain economically for participating in football torneys? To make it more at our door step, what did Nigeria profitted by economically after the flying eagles of Nigeria participated in this year under-20 world cup?

*Note however i didn't say hosting the world cup. Every tom knows hosting the world cup is a creepy deal which comes with a few toys. E.g attracting tourists etc.
Re: Does participating in football tournaments improve a nation's economy? by Princecalm(m): 9:57am On Jun 12, 2015
seems you don't know Brazil is also corrupt.
Re: Does participating in football tournaments improve a nation's economy? by Maczeelly(m): 10:05am On Jun 12, 2015
Okies
Re: Does participating in football tournaments improve a nation's economy? by lordtosan(m): 11:05am On Jun 12, 2015
Princecalm:
seems you don't know Brazil is also corrupt.
And what about spain, uruguay, argentina who won the world cup and are comparatively less rifed with corruption? How has participating in the world cup impacted on their economies positively?
Re: Does participating in football tournaments improve a nation's economy? by seankafor(m): 11:22am On Jun 12, 2015
do u knw how much a country gets when she wins the worldcup.
This brazil u re talking about has on of the best stadiums in the world which is also a tourist attraction..
Morealso all these countries like germany spain argentina have developed both econonomically and otherwise so what more do they want. They re just doing the business for the love of it and for its fun.
Or betterstill u can ask urself whats the benefit of playing video games and so on.

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