pfim
Player Valuation: £40m
I've got to be honest here, this is a steaming pile of Horse-Dung and I mean that in the nicest possible way.
Any major sporting event can be a major catalyst in the re-invigoration of an economy, of unused or derelict property. I'm not condoning what's going on in Brazil by any means, and I can only go on what happened for the Sydney Games but it has a positive effect on every aspect of this Society.
It mobilised people and business, it put on a show for the World and how can you look at such a huge investment negatively? The overflow effects and the re-invigoration or even creation of Infrastructure you might have had to wait another hundred years for otherwise is always a positive in growing population.
How you deal with this after the games are over takes a good five to ten years to get into the swing of becoming regular parts of the Cities life, but they do.
If they don't, then you did it wrong in the first place, or you have the wrong plan in place.
Or you held the games in the wrong place to begin with.
It's too simple to say "it worked in Sydney so it should work everywhere" or "these projects are all white elephants."
Certainly the existence of an already strong infrastructure will allow a place like Sydney to take advantage of the structural benefits of a large sporting event. I don't think you can say the same with Brazil, South Africa...where levels of corruption are high.
FIFA doesn't care because they're getting paid one way or the other, but holding these events in places where much of the infrastructure isn't in place to begin with is a recipe for disaster.