What Will The 2014 FIFA World Cup Cost?

WHAT WILL THE 2014 FIFA WORLD CUP COST? THE MEDIA OCTOPUS BRAZIL IS EXPECTED TO SPEND £10BILLION AROUND THE COUNTRY ON HOSTING THE TOURNAMENT THE UK GOVERNMENT SPENT £500,000 ON THE 1966 FIFA WORLD CUP IN TODAY'S TERMS THAT'S AROUND £21MILLION BUT WHAT ABOUT PROFIT? HOW MUCH REVENUE DOES THE WORLD CUP BRING TO THE LOCAL ECONOMY? HOW MUCH DOES IT ADD? AND HOW MUCH DOES IT TAKE AWAY? THE BRITISH RETAIL CONSORTIUM (BRC) ESTIMATED £2BN OF POTENTIAL BUSINESS WOULD BE LOST IF THE CENTRE FOR ECONOMICS AND BUSINESS ENGLAND FAIL TO QUALIFY FOR THE 2014 WORLD CUP. RESEARCH (CEBR) PUTS THE FIGURE NEARER TO £3BN RECENT POLLS SHOW THAT 68% OF UK BUSINESSES WILL ALLOW STAFF TO FINISH EARLY TO WATCH THE WORLD CUP £2B £3B ALTHOUGH ONLY 42% OF THOSE BUSINESSES REQUIRE STAFF TO MAKE UP TIME HOWEVER FIFA REPORTED A $631 MILLION PROFIT FROM THE 2007-10 WORLD CUP CYCLE AND EARNED INCOME OF $3.65 BILLION FROM 2010 WORLD CUP CONTRACTS. AFTER THEY HOSTED THE GAMES, SOUTH AFRICA MADE A RETURN OF JUST £323M ON THE £3B IT SPENT HOSTING THE GAMES. £323M $631M $3.65B £3B WHAT ABOUT INCREASED SPENDING? MERCHANDISE MADNESS PWC'S* PREDICTION OF A 5.5% RISE IN SPORT MERCHANDISE REVENUES FOR 2014, IS NO SURPRISE. WITH THE INCREASED INTEREST IN FOOTBALL, ADIDAS ARE EXPECTING TO EARN NEARLY $2.7 MILLION (£1.6M) FROM FOOTBALL REVENUES THIS YEAR. %24 %24 *PRICE WATERHOUSE COOPERS THE BIG GAME ON THE BIG SCREEN YOU'LL NO DOUBT RECALL THE SIGNIFICANT SURGE IN TV SALES IN 2010 FOR THE SOUTH THE ANNUAL RATE OF GROWTH IN GLOBAL VOLUME SALES AFRICA WORLD CUP. DID YOU BUY A NEW TELLY FOR THE BIG GAME? UK TV SALES OF DIGITAL TVS IS FORECAST TO ACCELERATE FROM 3.8% TO 5.5% BETWEEN 2013 AND 2014, TO 235 MILLION UNITS. PREDICTIONS ARE DOWN ON 2010 AS MOST ALREADY HAVE A DIGITAL TV, BUT THEY'RE RISING IN EMERGING MARKETS SUCH AS THAILAND. THERE, THEY PREDICT THE COMBINATION OF THE WORLD CUP AND THE LAUNCH OF DIGITAL TERRESTRIAL TV BROADCASTS WILL SIGNIFICANTLY BOOST THE SALE OF TELEVISIONS. SAMSUNG, LG AND JOHN LEWIS ALL REPORTED A RISE IN TV SALES DUE TO WORLD CUP PERIODS WORLD CUP ESSENTIALS 2.2 BILLION PINTS WERE CONSUMED DURING THE LAST WORLD CUP PERIOD FRESH MEAT CONSUMPTION (FOR OUR BARBECUES) IS ALSO SET TO RISE, AND ALL THOSE LATE NIGHTS AND EARLY MORNINGS WILL IMPACT COFFEE, ENERGY AND WITH THE ECONOMY IMPROVING THAT WILL NO DOUBT INCREASE. DRINKS AND PROTEIN BAR SALES AS WORKERS FIGHT TO KEEP THEIR EYES OPEN. 2.2 Bn ADD TO THAT THE INEVITABLE SUPERMARKET WARS AND UK CONSUMERS WILL BE SPENDING £2.5 Bn AS MUCH AS THEY'RE BETTING – £1BN IN 2010 ACCORDING TO ITV. IN FACT, THE SAME SOURCE PREDICTS AN ADDITIONAL £2.5BILLION WILL BE SPENT DURING THE 2014 FIFA WORLD CUP. £1B WAS SPENT ACROSS ALL BET-ED BOOKMAKERS OVER THE 2010 WORLD CUP PERIOD ENGLAND TO WIN 7,000,000 TO 1 THE BRAZILIAN INSTITUTE OF TOURISM ESTIMATES THAT AROUND 600,000 TOURISTS WILL VISIT THE COUNTRY TO ATTEND THE WORLD CUP AND THAT THEY WILL SPEND APPROXIMATELY $2.6 BILLION AY CARAMBA! HEAD TO BRAZIL HOWEVER, AND YOUR POCKETS WILL RUN DRY FASTER THAN YOU CAN SAY FIFA. £24.82 PRICES ARE ALREADY INFLATED FOR TOURISTS BY UP TO 46%. CHECK OUT THESE ASTRONOMICAL COSTS: £1.05 WC £7.83 £8.04 USE OF A PRIVATELY- SHRIMP OMELETTE FROM A PORTION OF CHIPS AT THE BEACH BOTTLE OF HEINEKEN OWNED BEACH TOILET A SHACK RESTAURANT WHETHER BRAZIL WILL PROFIT FROM HOSTING THE WORLD CUP HAS BEEN QUESTIONED SINCE 2007 WHEN THE COUNTRY WAS ELECTED TO HOST THE 2014 GAMES. WITH THESE PRICES WE CAN BE ASSURED SOMEONE WILL MAKE A PRETTY PENNY AND READING THROUGH THE MEDIA HYPE, IT IS CLEAR BRAZIL'S INFRASTRUCTURE IS SET TO BENEFIT. BUT WILL THE 1000S OF DISPLACED CITIZENS? themedia octopus.com