Article

The Economics of the World Cup

Rob Simmons and Christian Deutscher

in The Oxford Handbook of Sports Economics

Published in print April 2012 | ISBN: 9780195387773
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195387773.013.0023

Series: Oxford Handbooks

 The Economics of the World Cup

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This chapter examines the method by which host countries are selected by Fédération Internationale de Football Association (FIFA) for the rights to organize the World Cup finals, and also investigates the benefits to host countries from organizing this event. The benefits to soccer fans in a host country from new stadium infrastructure and other legacies of hosting the World Cup finals are explained. The chapter then pays attention to the players participating in the World Cup finals. FIFA operates two key restrictions on stadium development for World Cup finals. Recent appearances in World Cup finals matches do appear to have shop-window effects, both in raising player salaries paid by clubs and by helping players secure transitions to more highly ranked teams. The FIFA World Cup finals are, no doubt, here to stay as a vital component of the sporting calendar.

Keywords: FIFA; World Cup; economics; soccer fans; stadium infrastructure

Article.  9511 words. 

Subjects: Economics ; Industry Studies ; Public Economics

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