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Fifa World Cup 2022
SportChina
Patrick Blennerhassett

Opinion | The cost-benefit analysis of hosting a Fifa World Cup or Olympics: Rio’s warning to China is to do so at your peril

  • Brazil set bar for new low, hosting World Cup and Olympics amid recession
  • Cities and countries backing out from bids as public gets wise to cost-benefit analysis

Reading Time:3 minutes
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An aerial view of Maracana Stadium, which was used for the opening and closing ceremonies of the Rio 2016 Olympic Games, shows that the turf is dry, worn and filled with ruts and holes in January 2017. Photo: Reuters

It’s safe to say the allure of hosting a major sporting event has faded.

For many the last straw was the debacle that was the 2016 Summer Olympics, held in Rio de Janeiro, Brazil.

Take Rio’s Maracana stadium – the iconic venue stood empty as politicians squabbled over who would take care of it months after the Olympics.

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Infiltrated by looters, ramshackled by thieves and infested with worms, it signified the ugly underbelly of hosting an incredibly expensive sporting event.

Brazil hosted the 2014 World Cup, only to be embarrassed by Germany 7-1 in the semi-finals. Photo: AFP
Brazil hosted the 2014 World Cup, only to be embarrassed by Germany 7-1 in the semi-finals. Photo: AFP
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Brazil had no business hosting the 2016 Summer Olympics, or even the 2014 Fifa World Cup. The country was already in a state of economic despair, and the price tag for both events was dear.

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