Why Hosting The World Cup Is A Bad Idea For Countries

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CNBC

CNBC

Күн бұрын

Nov. 20 is the opening day of the much anticipated FIFA World Cup in Qatar. The country is estimated to have spent roughly $229 billion on hosting the event, making it the most expensive World Cup ever, and more than four times as costly as all tournaments combined since 1990.
But aside from the honor involved with hosting the biggest soccer tournament in the world, it could draw massive exposure to a country: an influx of tourism, the potential for foreign trade, new development and jobs. For Qatar, the tiny Gulf country needed stadiums and infrastructure and used 1.7 million workers, 90% foreign, to help get the country ready.
The question remains, will the glory and questionable short- and long-term economic impacts outweigh the debt? Many experts say no.
Produced by: Darren Geeter
Senior Managing Producer: Tala Hadavi
Graphics by: Jason Reginato, Alex Wood
Chapters:
00:00 Introduction
1:20 Getting the bid
3:10 Economic impact
5:42 Long-term risks
9:22 Qatar
10:57 Future of hosting
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Why Hosting The World Cup Is A Bad Idea For Countries

Пікірлер: 1 300
@patriqduma9884
@patriqduma9884 Жыл бұрын
South Africa has not demolished a single stadium after the 2010 soccer world cup, all of them are still in use across the country.
@motsholane
@motsholane Жыл бұрын
I came to the comments to say this. @cnbc please tell us Saffas which stadiums were demolished
@Frankboxmeer
@Frankboxmeer Жыл бұрын
You’re right. In South Africa they didn’t even saw the need to demolish it. Just look at Odi stadium
@organizedchaos4559
@organizedchaos4559 Жыл бұрын
The stadium weren’t demolished but some were close from unused
@thulaniralo9297
@thulaniralo9297 Жыл бұрын
@@organizedchaos4559 which stadium was that? Please name it…🤨🤨
@Sebas07756
@Sebas07756 Жыл бұрын
2010 football World Cup* or just 2010 fifa world cup
@claytonmkhize3036
@claytonmkhize3036 Жыл бұрын
As a South African I would like to know which stadiums were demolished? All of them are still in use. We benefited from the World Cup
@thulaniralo9297
@thulaniralo9297 Жыл бұрын
And we are still benefiting from it. Can you imagine state of soccer without all the infrastructure that was left in 2010. Look at Durban & Joburg, there you can host sold out soccer and rugby matches because we have the infrastructure.
@everythinginside8505
@everythinginside8505 Жыл бұрын
This is all propaganda so that third countries can shy away from bidding to host a FIFA WORLD CUP in near future, so only European countries can bid to host fifa world cup
@MithunOnTheNet
@MithunOnTheNet Жыл бұрын
@@thulaniralo9297 Call it football. Not 'soccer'.
@enky.y
@enky.y Жыл бұрын
@@MithunOnTheNet soccer
@motingwethaboj1475
@motingwethaboj1475 Жыл бұрын
Its a lie.
@FKS1994
@FKS1994 Жыл бұрын
It's a great way for politicians to siphon the money to their friends who are contractors.
@FahadKhan-cz6cd
@FahadKhan-cz6cd Жыл бұрын
nice thought
@SeeLight222
@SeeLight222 Жыл бұрын
Any situation is a Mining opportunity for the creeps in the society.
@zzmmz3789
@zzmmz3789 Жыл бұрын
What? Qatar is monarchy. Not democracy. No such politicians. The contractors are mostly western countries.
@SeeLight222
@SeeLight222 Жыл бұрын
@@zzmmz3789 Perhaps not, for Qatar. The video is about generally how it is like. ~Seema😊
@RTDnorteamerica
@RTDnorteamerica Жыл бұрын
Odebrecht moment
@danielmnguni
@danielmnguni Жыл бұрын
Not even a single stadium was demonstrated from South Africa from the 2010 fifa world cup.
@normalman19
@normalman19 Жыл бұрын
@Trends finder 🅥 nobody cares
@AFROPOLYMATH
@AFROPOLYMATH Жыл бұрын
As a South African, and a fan of the sports, I am shocked which 2 stadiums you guys claim we demolished. If you're talking about the HM Pitje Stadium, then please know that stadium had nothing to do with 2010 FIFA World Cup. So, what stadiums did we demolish? Failing to maintain them and demolishing them? Lol, really? Soccer is a serious sports in SA and we would never agree to something like that. So, please don't say things that are not accurate like that. Thanks for the video though
@mahir8126
@mahir8126 Жыл бұрын
Ignore the stupidity of the American journalists.
@NhlanhlaMathe
@NhlanhlaMathe Жыл бұрын
They ALWAYS lie about SA
@africa_explained_tv
@africa_explained_tv Жыл бұрын
They did a video about how Starbucks was struggling in SA because people couldn't afford their coffee. Now that Starbucks is doing well, *crickets*
@rah2023
@rah2023 Жыл бұрын
Ee don't care, stop asking the same question. There are like 100 questions like this in the comments. Nobody cares about SA.
@claytonmkhize3036
@claytonmkhize3036 Жыл бұрын
@@africa_explained_tv i remember 😭😭
@tshepo5537
@tshepo5537 Жыл бұрын
The stadiums build for the 2010 world cup in South Africa are utilized by PSL (South African football league) teams and Rugby teams. They were using dilapidated stadiums before the world cup. The stadiums did not struggle to find tenants.
@sabelomthethwa9736
@sabelomthethwa9736 Жыл бұрын
False information there
@fancyIOP
@fancyIOP Жыл бұрын
I was about to say, but maybe they were talking about when the event ended immediately. But yes in SA all the stadiums 🏟️ are used.
@sawlty-suite5131
@sawlty-suite5131 Жыл бұрын
@@sabelomthethwa9736 elaborate
@eriqmwangi
@eriqmwangi Жыл бұрын
@@fancyIOP He also mentioned that two stadiums were demolished to save money......is that true?
@kholofelomakgabo6195
@kholofelomakgabo6195 Жыл бұрын
@@eriqmwangi as far as my knowledge goes I don't think it's true
@jonnyrosas5819
@jonnyrosas5819 Жыл бұрын
The massive amount of money that Qatar shelled out is insignificant to them. Their priority wasn’t being profitable it’s getting their name out there as a tourist destination and buying peoples affection basically. They’re trying to change the perception of themselves at any cost
@natanielb1445
@natanielb1445 Жыл бұрын
nope wrong...their target isn't tourism. Their target is foreign investment and companies in their country just like Singapore or Dubai...tourism serves free advertisement.
@ezydoesit993
@ezydoesit993 Жыл бұрын
While slaving people on the way
@zikalokof1challenge414
@zikalokof1challenge414 Жыл бұрын
@@ezydoesit993 Thats why the UAE does, however its overshadowed by the tourism in places like Dubai and Abu Dhabi. Qatar is trying to get to the same level, with tourism and the overall beautifulness of the country overshadowing human rights issues
@natanielb1445
@natanielb1445 Жыл бұрын
@@ezydoesit993 ever wondered why people still go there if they are slaves in qatar....clearly they are getting better treatment then their own country lol thats why they went there.
@travisbickle4360
@travisbickle4360 Жыл бұрын
Looks like it has backfired in a big way. All they had to do was respect Human rights and give rights to people
@youcantalwaysgetwhatyouwan6687
@youcantalwaysgetwhatyouwan6687 Жыл бұрын
USA, UK, France, Canada and Japan are the only country i think that has a capability to host many sporting events without needing to build a new stadiums
@justsamoo3480
@justsamoo3480 Жыл бұрын
Canada would need many new facilities. Countries like the UK and Germany are one of the few that wouldn’t need to build much.
@bikingD
@bikingD Жыл бұрын
@@justsamoo3480 Huh Canada has lots of sports stadiums and partner hosted with the US before.
@justsamoo3480
@justsamoo3480 Жыл бұрын
@@bikingD They cannot hold it alone. You need 14 stadiums with 40k+ capacity and at least one stadium with 80k capacity. Canda only has 3 rectangular stadiums that exceed 40 thousand people and two of which need a lot of renovation.
@bikingD
@bikingD Жыл бұрын
@@justsamoo3480 Except like before it would share duties with the US.
@bikingD
@bikingD Жыл бұрын
@@justsamoo3480 Don't even know why this a topic. Canada and US are hosting again in 2026. Toronto and Vancouver will be 2 of the many host cities.
@MrMESULI
@MrMESULI Жыл бұрын
South Afica has never demolished any of the stadiums we built, this is inaccurate information, stadiums were renamed but never demolished. We use all our stadiums for Football and Rugby matches.
@thubar5630
@thubar5630 Жыл бұрын
Which Stadiums in South Africa were demolished as the narrator had said in the video( in 6:54) because here in SA our stadiums are still in use for football and Rugby purposes even concerts are performed there i strongly believe hosting the WC benefited us more than it harmed us i may be wrong
@organizedchaos4559
@organizedchaos4559 Жыл бұрын
Some of your stadiums are not even used now and are closed so …
@thulaniralo9297
@thulaniralo9297 Жыл бұрын
@@organizedchaos4559 more lies, please state your facts? More stadiums are used interchangeably between soccer and rugby. I would say it’s only Nelson Mandela bay stadium that’s under-utilised due to the fact the rugby team in that city imploded.
@35utsavavardhana83
@35utsavavardhana83 Жыл бұрын
@@thulaniralo9297 but literally all of them are in loss and have not been able to cover their construction and maintenance cost , you can read about that anywhere , same thing happened with Brazil too there staidum have also abandoned. Overall economically they are very big losses
@mfulan7548
@mfulan7548 Жыл бұрын
@@35utsavavardhana83 sources?
@phinadelphiahlongwane3485
@phinadelphiahlongwane3485 Жыл бұрын
@@35utsavavardhana83 stop lying we live here in South Africa and none of it nonsense is true
@jonathanfreyone526
@jonathanfreyone526 Жыл бұрын
It does’nt make financial sense when you have to build 90% of the stadiums. Having said that Qatar did say that many of these stadia will be reduced in capacity, with some areas converted to residential use. One of the stadiums will be completely prefabricated and dismantled after the tournament, with the aim to be reused elsewhere.
@TrustMyLiesAndBuyBitcoin
@TrustMyLiesAndBuyBitcoin Жыл бұрын
Yes... aaaand some people died
@snoopdogg7407
@snoopdogg7407 Жыл бұрын
@@TrustMyLiesAndBuyBitcoin true, but don't lie bro ik your still going to watch
@pierrex3226
@pierrex3226 Жыл бұрын
Also known as green washing
@khalidbeats717
@khalidbeats717 Жыл бұрын
@@TrustMyLiesAndBuyBitcoin that’s a world wide problem not just qatar
@tels9243
@tels9243 Жыл бұрын
@@snoopdogg7407 no we are not we have morals and are capable of not watching this mess.
@rigg13
@rigg13 Жыл бұрын
They didn't spend $229 bil on world cup preparations, rather, they used it as an opportunity to build their country. And the results is beautiful.
@nabn3014
@nabn3014 Жыл бұрын
i agree with you.. been there just a couple of weeks ago.. they've now got a great infrastructure for years to come.
@aymennasri7669
@aymennasri7669 Жыл бұрын
Billion not million
@rigg13
@rigg13 Жыл бұрын
@@aymennasri7669 🙏🏾
@amaldev4150
@amaldev4150 Жыл бұрын
True 6500 dead migrant workers... Great achievement Qatar.. Let them rot in hell.
@michaeloreilly3539
@michaeloreilly3539 10 ай бұрын
If you don't take into account the 6,000 + deaths of desperate modern slaves.
@maluksd6537
@maluksd6537 Жыл бұрын
The were no stadiums demolished in south africa. All stadium are being used to this date.
@kagisothebe8942
@kagisothebe8942 Жыл бұрын
Well had to stop watching this video after the false comments about South Africa demolishing stadiums….. pity
@alexisprado7356
@alexisprado7356 Жыл бұрын
220 billion to make an estimated 20 billion, something isn’t adding up!
@arjun095
@arjun095 Жыл бұрын
They are not doing it for the money. It's just about the prestige of being first arab/middle eastern country to host it. Only reason they spend an absurd amount of money.
@danielmessi1092
@danielmessi1092 Жыл бұрын
It’s World Cup corruption my guy, nothing adds up 😂
@VARMOT123
@VARMOT123 Жыл бұрын
It is called sportswashing . That is not to make profits
@rond5936
@rond5936 Жыл бұрын
The reporters are blowing this out of proportion. Qatar is building a new $49 billion dollar city which features 6 islands Railways and Bridges. Airport They want to be like Dubai, a tourist destination. The actual cost of the stadiums are around $7billion. And they could have hosted the world cup without spending the extra $222billion. But they wanted all the new infrustructure and cities to be ready even before the world cup, so tourists and fans can come and experience it. That will make them come again in the future. There were already plans to spend over $200billion even before they won the bid for the world cup in 2006. Roads and many more
@michaelclayton9658
@michaelclayton9658 Жыл бұрын
Because they had to build everything
@rond5936
@rond5936 Жыл бұрын
The reporters are blowing this out of proportion. Qatar is building a new $49 billion dollar city which features 6 islands Railways and Bridges. Airport They want to be like Dubai, a tourist destination. The actual cost of the stadiums are around $7billion. And they could have hosted the world cup without spending the extra $222billion. But they wanted all the new infrustructure and cities to be ready even before the world cup, so tourists and fans can come and experience it. That will make them come again in the future. There were already plans to spend over $200billion even before they won the bid for the world cup in 2006. Roads and many more
@organizedchaos4559
@organizedchaos4559 Жыл бұрын
Right they can’t host the games with no stadiums, no efficient transport method between non existent stadium, no airports to receive the influx of people and no housing for their people, wow know such an imaginary place existed
@bhaskard8405
@bhaskard8405 Жыл бұрын
Tourists must have fun visiting the abandoned stadiums once the World Cup is over
@rond5936
@rond5936 Жыл бұрын
@@bhaskard8405 one stadium was made up of shipping containers and shall be disassembled after the world cup and donated to another developing country. 2 others shall be reduced in size and the seats donated to another developing country. In fact, they have plans for all the stadiums because the designed it in that way.
@arishemghoul9571
@arishemghoul9571 Жыл бұрын
@@rond5936 at least they have plans unlike brazil
@lukemo1976
@lukemo1976 Жыл бұрын
Who would want to visit Qatar? It seems like a extremely boring place
@DarkReapersGrim1
@DarkReapersGrim1 Жыл бұрын
Notice how they never made a video like this when the Olympics were in America?
@KrisTheChris
@KrisTheChris Жыл бұрын
"we didnt have socceer stadiums, we had football stadiums" ... this sentence just hurts
@reusgenji937
@reusgenji937 Жыл бұрын
Which minutes
@fancyIOP
@fancyIOP Жыл бұрын
😂😂😂
@peeckle1657
@peeckle1657 Жыл бұрын
Bloody Americans...
@kodaknikonedgopro8862
@kodaknikonedgopro8862 Жыл бұрын
Lol
@bennynketia5394
@bennynketia5394 Жыл бұрын
Simply 🤣🤣🤣🤣🤣🤣
@lungandamase519
@lungandamase519 Жыл бұрын
name the 2 stadiums you say south africa demolished because they couldnt take care of such lies
@PrincessVelaryon
@PrincessVelaryon Жыл бұрын
Talk about lazy journalism yoh 😒 they probably think we don't have data to see this video and despute it
@colek2470
@colek2470 Жыл бұрын
I wish they added to the video that while the World Cup might be the most watched sporting event in the world most countries don’t see a dime of the television revenue as that goes all to FIFA
@RandalfElVikingo
@RandalfElVikingo Жыл бұрын
Same with Olympics.
@josephlynch7655
@josephlynch7655 Жыл бұрын
They did explain that. 2:24
@arishemghoul9571
@arishemghoul9571 Жыл бұрын
lol wow
@Sebas07756
@Sebas07756 Жыл бұрын
The best sport in the world combined with the most popular sporting event in the world…..run by wrong people. It’s sad but I still will watch it, I mean everyone does.
@AgentAO7
@AgentAO7 Жыл бұрын
But many channels especially in Europe would boycott & not broadcast this FIFA edition. Even public viewing hostings will be restricted as a sign of protest. This FIFA will probably have the lowest tv rating in recent years..
@jonardcayton1395
@jonardcayton1395 Жыл бұрын
Hosting the world cup is just a part of Qatar's development to become an attractive country for tourism and business
@joser1853
@joser1853 Жыл бұрын
After learning to much about Qatar thanks to this world cup. Not interested in visiting it.
@ZixPlays
@ZixPlays Жыл бұрын
@@joser1853 No one cares
@SaorAlba1970
@SaorAlba1970 Жыл бұрын
The UK is finished, Scotland is leaving the UK, and as for Russia, they deserved to host the world cup prior to 2018 neither Russia or the Soviet Union had held the games
@neeljavia2965
@neeljavia2965 Жыл бұрын
@@ZixPlays Qatar does.
@QR974
@QR974 Жыл бұрын
@@neeljavia2965 what’s -1
@MoketeSeatla
@MoketeSeatla Жыл бұрын
South Africa did not demolish any World Cup stadiums 👀
@heavenly_girl
@heavenly_girl Жыл бұрын
Are you from South Africa?
@peterwilliams6361
@peterwilliams6361 Жыл бұрын
Intriguing, i always knew there was more to life and i have also been looking for a way to find not only protection but a way to be influential to the human society
@DavidVelasquez9
@DavidVelasquez9 Жыл бұрын
oh well you can achieve that by being a part of the illuminatus brotherhood, i know it sounds like a mystery but there are ways you can actually get in contact with them
@peterwilliams6361
@peterwilliams6361 Жыл бұрын
@@DavidVelasquez9 hi, isnt the brotherhood a myth?
@DavidVelasquez9
@DavidVelasquez9 Жыл бұрын
@@peterwilliams6361 well it is not and you can't actually expect it to be open to everyone, but if you want to know more you can look up Wilford Robert Taylor online you will find something interesting
@peterwilliams6361
@peterwilliams6361 Жыл бұрын
@@DavidVelasquez9 oh really, i just saw his website, interesting.i will leave him a message.
@langelihlemakhoba9917
@langelihlemakhoba9917 Жыл бұрын
WTF, South Africa is a success story of FIFA. All stadiums still in operation and hosting many sports codes and events not to mention improve infrastructure. All the fancy editing and figures but your information is wrong 👎
@fancyIOP
@fancyIOP Жыл бұрын
Even GauTrain is still in use 10yrs later and it was built for The World Cup.
@Hawk8415
@Hawk8415 Жыл бұрын
FIFA's requirements are just a smoke screen. The most important thing is how much the potential host is willing to pay the top officials with the power to make the decision.
@cesarreyes809
@cesarreyes809 Жыл бұрын
Yeah that's sad they don't really care about the game.
@oyugilinus1503
@oyugilinus1503 Жыл бұрын
My issue with these reports is that when Western Europe or the US are awarded a world event we never see them. Once they are awarded to outside countries all of a sudden it is an issue.
@fgsaramago
@fgsaramago Жыл бұрын
That's because western Europe and the US already have most of the infrastructure so there's much less money involved
@navyseal1689
@navyseal1689 Жыл бұрын
Lol, the US only put 500 million into world cup preparation 😆
@GEliteG
@GEliteG Жыл бұрын
Bingo!
@unknown6715
@unknown6715 Жыл бұрын
@@fgsaramago You mean old infrastructure built with slave money?
@fgsaramago
@fgsaramago Жыл бұрын
@@unknown6715 yup, slaves saved from being murdered in Africa
@Adsav22
@Adsav22 Жыл бұрын
Thanks for the video it's so informative.
@johnl.7754
@johnl.7754 Жыл бұрын
Is it economically worth hosting World Cup depends on whom wants it more the host country or FIFA.
@Landless_farmer
@Landless_farmer Жыл бұрын
Which two stadiums were demolished by the South African government (post 2010 fifa World Cup) in order to save money?
@NhlanhlaMathe
@NhlanhlaMathe Жыл бұрын
Western media always lies about our Stadiums in South Africa. All of them are in use and host football, rugby union, rugby 7s and concerts. South Africa also has one of the best leagues in Africa, quit lying, smh. No stadiums were demolished post world cup as well, you guys have no ethics
@MichelleT-so4we
@MichelleT-so4we 4 ай бұрын
Insightful
@dfflima
@dfflima Жыл бұрын
It's not true Mane Garrincha in Brasilia, Brazil turned into a bus depot. It's not used on a constant basis, but it does hold a few matches per year. We could say it's more or less like Wembley in the UK.
@viranjith
@viranjith Жыл бұрын
What if FiFa adjusted to the capacity of the countries? I would love to see them plan at random pitches and fields and only villages coming to watch. Would be so cool.
@alparslankorkmaz2964
@alparslankorkmaz2964 Жыл бұрын
Nice video
@sanexpreso2944
@sanexpreso2944 Жыл бұрын
Whenever I see this type of reports I wonder if they are well reported, because most of the facilities they show are still used, they always use the same images to say "oh look, this place is abandoned, it was a bad venue"
@marieann1835
@marieann1835 Жыл бұрын
Every family has that one person who will break the family financial struggles, I hope you become the one.
@Amelia-xj4ek
@Amelia-xj4ek Жыл бұрын
Assets that can make you successful at this moment are:
@Amelia-xj4ek
@Amelia-xj4ek Жыл бұрын
. Shares . Stocks . Forex . Real estate
@nataliealexis3230
@nataliealexis3230 Жыл бұрын
Yeah you're right, that's why I had to start forex trad....ing two months ago and now I'm making benefits from it now.
@nataliealexis3230
@nataliealexis3230 Жыл бұрын
Talking about successful, I know i am blessed if not I wouldn't have met someone who is as spectacular as Micheal Allen
@Emily-bz1sj
@Emily-bz1sj Жыл бұрын
Mr Michael Allen has changed my financial
@MrMaponya
@MrMaponya Жыл бұрын
I'm shocked as a South African, I don't even know what you talk about!!! no 2010 built stadium has been demolished, one changed it's name and every stadium is still intact
@littleiranianboy1374
@littleiranianboy1374 Жыл бұрын
Think of how much it would’ve cost if they’d actually paid their workers!
@wolfydz1239
@wolfydz1239 Жыл бұрын
Yeah they paid dont worry
@muhammadhaikalpermanaatmaj73
@muhammadhaikalpermanaatmaj73 Жыл бұрын
@@wolfydz1239 no they dont
@juskahusk2247
@juskahusk2247 Жыл бұрын
It's estimated about 6500 workers died during construction.
@carlosrobert9901
@carlosrobert9901 Жыл бұрын
They paid the workers,,,,Your all just deluded
@carlosrobert9901
@carlosrobert9901 Жыл бұрын
@@juskahusk2247 according to your own dreams and the western media.The figure is taken from a statistic about 6500 migrant that totally died from 2012 to 2022.It wasnt directly linked to the worldcup.The west took the statistic to their satsfaction and changed the story to 6500 construction workers. Thats why no one can prove that number from a reliable source.Its called Hypocrisy of the west and its known everywhere.
@miguellabrada
@miguellabrada Жыл бұрын
It's only bad if you have to build the stadiums. If your a country like the United States you have a lot of football stadiums already built to host the world cup and the supporting infrastructure like hotels in cities to make due. I think this is why the world cup after Qatar was awarded to North America cause everything is already built basically.
@Avantime
@Avantime Жыл бұрын
It's a good look politically for FIFA if expenses won't go through the roof, as everyone knew the Qataris really wanted to flex their near-unlimited wealth. However FIFA also knew the vastly overbudget Montreal Olympics put a damper on subsequent Olympic bids. But eventually they'll have to go to another developing country (e.g. SE Asia) and they'll have to do the whole stadium building again. North America is oversaturated with pro sports and I don't see how another World Cup would expand the game in the continent.
@miguellabrada
@miguellabrada Жыл бұрын
@@Avantime I think the world cup is going to start be divided by countries in a region more often. There could be a South American world cup or a EU world cup. I think just giving it to one country with all the corruption allegations going on is a mistake.
@martin4819
@martin4819 Жыл бұрын
That’s why we call our sport football 🏈 we knew our stadiums would be used for football ⚽️ . Our marketing was way ahead of its time 😂
@glockenspiel4402
@glockenspiel4402 Жыл бұрын
Here before it blows up
@Hobo_group
@Hobo_group Жыл бұрын
THE COMMENT ABOUT South Africa DEMOLISHING 2 World Cup STADIUMS IS A LIE ALL OF THE World Cup STADIUMS ARE STILL THERE USED BY LOCAL TEAMS AND EVENTS LIKE FESTIVALS
@henrylam92
@henrylam92 Жыл бұрын
As much I am not a fan of the WC at Qatar, the journalism are totally missing the point why Qatar is putting so much money into(getting) this WC. Most previous host had some type of infrastructure and stadiums already. Whereas Qatar has actual plans for all their stadiums outside of soccer and those infrastructures plans where already planned nonetheless to attract tourism. Some of the stadiums have been already used for other tournaments and will be hosting AFC Asian Cup in 2023 who also happened to be the current champions. On top of that this WC was meant to be creating a new portal and showcase the city on TV all over the world and attract tourism. It might not seem like profitable now but it will pay off later because Qatar is trying to not be fully depending on energy/oil money and make it a tourism spot like Dubai. Most places that haven been hosting were already attractive tourist spots already whereas Qatar, most people don’t even know where it is at on the world map.
@mateosanfitz9625
@mateosanfitz9625 Жыл бұрын
building 8 stadiums with approx. 50k capacity each in a country of just 2,7 million people..... Qatar is lucky that is a mega-rich country but for any other small nation something like this would make no sense.
@henrylam92
@henrylam92 Жыл бұрын
@@iammahatab I already said I’m not a fan of the WC at Qatar and I’m well aware of all the corruption and human rights violation to the green washing. I’m just pointing out something bc there is no point of saying how much more Qatar has spent than other countries bc most other countries had already all their infrastructure and stadiums in place. Qatar only got it possibly done on the back of cheap migrant workers otherwise that number would probably be double or triple that amount
@henrylam92
@henrylam92 Жыл бұрын
@@iammahatab the World Cup is an event for sports fan and the elite. I would’ve never supported this. I’m an immigrant myself and so was my mom. She migrated twice. I live now in the US and the US is not much better but at least in the US there is a way to a better life. Qatar on the other hand doesn’t care about anyone but their own people. There are many to blame and this World Cup is probably the worst one so far. I already hearing there are a lot of issues and it makes me never want to visit Qatar from just the way they have handled everything.
@nashnyabe7470
@nashnyabe7470 Жыл бұрын
it is crazy how this video did not address South Africa. South Africa hosted the best world cup and continues to benefit from the legacy till today. This video ignored that fact and did not bother to mention. So yes, i understand the content of this video but SOUTH AFRICA IS A SUCCESS STORY which deserved to be told.
@jadernautyh2718
@jadernautyh2718 Жыл бұрын
You know it’ll be that way when you hear “soccer” seconds into the video.
@royboy7401
@royboy7401 Жыл бұрын
NBC is a hypocrite they profit off televising the Olympics, which has proven to be a CASH DRAIN on the host country . Hosting cities build BILLIONS of dollars of facilities for only a couple weeks of use. They never point out the carbon emissions of these games either !!
@royboy7401
@royboy7401 Жыл бұрын
Want some cheese with that whine? 😅
@nashnyabe7470
@nashnyabe7470 Жыл бұрын
@@royboy7401 yes I agree. No one disputed that but In regards to fifa world cup, south Africa was a success story. All the faculties are in full use. Nothing was demolished like stated in the buildings and all the developments sites have boomed over the years. It’s the bias and lack of coverage on this that’s making this video not sit well with me. Every video I watched on the fifa World Cup gave South Africa it’s praises but they just lied and made up numbers… I am not even south African
@jimmymorris9278
@jimmymorris9278 Жыл бұрын
It talk about South Africa
@qataribananahamock1495
@qataribananahamock1495 Жыл бұрын
As an engineer here in Qatar, it’s worth saying that it wasn’t that expensive. Stadiums costed 9B not 229; but the media loves oversimplifying when it’s affecting ‘third world countries’
@hugomunoz5013
@hugomunoz5013 Жыл бұрын
I appreciate your information
@navyseal1689
@navyseal1689 Жыл бұрын
Because they only build stadium right? No need place to stay and transportation. 🤦‍♀️
@mathlover4994
@mathlover4994 Жыл бұрын
Qatar is a third world country?
@Random_dud31
@Random_dud31 Жыл бұрын
Yeah. And how many underpaid workers did Qatar exploit and how many died creating that stadium
@qataribananahamock1495
@qataribananahamock1495 Жыл бұрын
@@navyseal1689 well, how arrogant of them to add up the new airport, metro, highways and almost all hotels. These things are here to stay, and there are more to come.
@Avantime
@Avantime Жыл бұрын
It's a crazy vanity project, even more so than the Olympics because very few new host nations actually have a chance to do well, and only a select handful of countries have the talent to actually win the tournament. It doesn't look good at home politically if the host team crash out in the group of 16, or worse have them lose all their games. Qatar could do it because it has near unlimited money and it's an absolute monarchy that could afford to care more about international prestige than domestic politics.
@jacobmanonyane3312
@jacobmanonyane3312 Жыл бұрын
Which stadiums were demolished in South Africa after the world cup?
@M.sami12
@M.sami12 Жыл бұрын
I'm very glad you didn't politicize the matter. Thank you.
@johniii8147
@johniii8147 Жыл бұрын
Very similar to the Olympics in the cash drain for venues used for a couple of weeks.
@mahaabdul2264
@mahaabdul2264 Жыл бұрын
But the olympics doesn’t generate nearly as much revenue as fifa
@johniii8147
@johniii8147 Жыл бұрын
That is not true.
@Confession_Of_A_Dangerous_Mind
@Confession_Of_A_Dangerous_Mind Жыл бұрын
The 200billion + expenditure goes beyond World Cup, its apart of Qatar 2030 vision, the world cup just made us accelerate a few things, Doha metro open on 2019 that cost 30+ billion, hamad international airport open in 2014 for around 15 billion, majority of the money is and going into developing Lusail which was estimated at 45 billion from around 2012, a city that consists of around 19 districts n a cooling system, in addition major underground transport networks in Doha n other places. Its not limited to the world cup, the word cup just became a part of it like the icing on the already baked cake, the building of the stadiums was the highest 15 billion in total. A portion of the money isn't even spent as yet...do your jobs!
@organizedchaos4559
@organizedchaos4559 Жыл бұрын
Right and none of this will be used afterwards
@Confession_Of_A_Dangerous_Mind
@Confession_Of_A_Dangerous_Mind Жыл бұрын
@@organizedchaos4559 excluding the stadiums, the majority will be used such as the transport system,airport etc...at the end of the day its not a lost as we have trillions of dollars to make from LNG and oil so its okay
@amagarajerome1800
@amagarajerome1800 Жыл бұрын
@@Confession_Of_A_Dangerous_Mind it's not ok when many are starving the world over and again in a bid to westernize you are allowing in all sorts of evil and this will come back to haunt this tiny country that relies on others for security, even lies about the kafala system claim it was done away with yet it's still in place..go check how little the nations flag ship airline pays it's workers...you can't be claiming to have trillions but treat humans worse than animals...having said that am still glad that the world cup isn't just a western and south American issue but can revolve all around even though I for one am not into such nonsense as 22 men chasing a tiny ball..
@Confession_Of_A_Dangerous_Mind
@Confession_Of_A_Dangerous_Mind Жыл бұрын
@@amagarajerome1800 Every country has its dirty garbage especially the "leading" countries, America, china, Russia etc., I was simply explaining how the 200+ billion is spent, as for your opinion on football, it doesn't matter when its the most popular sports on the planet by a mile and has been for the past century
@amagarajerome1800
@amagarajerome1800 Жыл бұрын
@@Confession_Of_A_Dangerous_Mind am i not entitled to my opinion...and find time to check where most of the money goes ...i doubt you are even Qatari..just a wanna be probably...you are one of those from other poorer Arab lands who get to Qatar and think by dressing up as them it makes you one of them😂😂😂sorry..wait for the evil you are unleashing with the Arab world trying to copy western ways of life...hope you live to remember this comment
@hoobs4271
@hoobs4271 Жыл бұрын
This video should have been in the CNBC International channel.
@thabomadisa9787
@thabomadisa9787 Жыл бұрын
It's a lie that South Africa demolished 2 stadiums after the world cup. Only 5 new stadiums were build and all of them operational. Other stadiums that were used were already existing ones that needed to be refurbished.
@shivalimbu6346
@shivalimbu6346 Жыл бұрын
FIFA didn't said to build entire new city to host world cup. That was their plan and they used this opportunity to make their dream come true
@nicolelochren9560
@nicolelochren9560 Жыл бұрын
Imagine if that large amount of money was used for good. The possibilities.
@wolfydz1239
@wolfydz1239 Жыл бұрын
Yeah you are right from all countries
@greatman5885
@greatman5885 Жыл бұрын
Yeah America could help so much people but instead they use it for war...
@prodigiii712
@prodigiii712 Жыл бұрын
The stadium used to host the first game of 2014 world cup is now the home ground of Corinthians, one of the biggest South American Soccer clubs. It's used more than the NFL stadiums.
@josielmacedodeoliveira
@josielmacedodeoliveira Жыл бұрын
Here in Brazil PT governmental party back then, stole most of money in stadium building, until now we struggle to pay the bill of World Cup and olympics games.
@animexcomics9384
@animexcomics9384 Жыл бұрын
I think USA can host any sports with spending extra because they already have good infrastructure for every sports ..
@blackphoenix114
@blackphoenix114 Жыл бұрын
true🤣🤣
@mukkaar
@mukkaar Жыл бұрын
Honestly I do think when it comes to huge events like these, including Olympics, they should just find couple profitable locations they rotate. And maybe add locations based on actual sustainability long term.
@jonathanodude6660
@jonathanodude6660 Жыл бұрын
sounds boring. tourism money is good for developing countries, but maintenance is also a cost. building generates a lot of revenue for developers, but already having stadiums in use is a net benefit to everyone else.
@chinglee100
@chinglee100 Жыл бұрын
In other words you get mad when anyone that is not the US hosts it right
@Walter-kn5te
@Walter-kn5te Жыл бұрын
The problem is every country would want to be in that rotation, as the games would come back regularly and worth the costs to build everything.
@topnineshow
@topnineshow Жыл бұрын
@Trends finder 🅥 stop spamming comments dude.
@CaesarCassius
@CaesarCassius Жыл бұрын
Certainly no third world countries, Communist or Islamist countries should be allowed to host it (too many human rights violations, too low on human development index). USA is the most capable, the data has proven it, they should be permanent hosts of all Olympics and all World Cups, so either USA or another First World democratic christian-dominant country, such as in Western Europe or Australia. (Sorry Canada & NZ, can't trust you while Justin "Bieber" Trudeau and Jacinda "Burqa" Ardern are in charge)
@hond4h34d
@hond4h34d Жыл бұрын
I wonder if FIFA would do what Uefa did for Euro 2020. Having different venues in multiple countries would ease the economic burden of hosting the fifa World Cup
@Son-if8ge
@Son-if8ge Жыл бұрын
awsome
@garlicsoda2957
@garlicsoda2957 Жыл бұрын
The difference is of course, if you design a World Cup for 3 months, you will fail. When you design and construct stadiums, and 60% of the cost to construct it goes to contractors, you will see costs balloon. However, when you design a World Cup for 10+ years in the future, you will succeed. You can develop infrastructure, you get more people participating in football related events, you can create jobs for the future. Russia 2018 creates over 100,000 jobs in the country, hospitals, and improved ambulance routes. 1994 USA is one of the main reasons why the United States has a competitive football team and a professional league. Qatar 2022 is why Qatar’s population has been increasing at insane rates. It’s not just about the tournament, it’s for what’s next. What comes next for Qatar, is a national team inside of the top 50 in FIFA World Rankings, the defense of their Asian championship, their clubs competing in the Asian Champions League, one of the most visited countries on earth, hundred of thousands of jobs creates, improved diplomatic relations, and international recognition. The World Cup isn’t as one dimensional as most people look at it, clearly shown in this video that most people don’t look at the other side properly.
@saynotop2w
@saynotop2w Жыл бұрын
These things always get tangled in politics and the stadiums don’t get built on region where it could be used afterwards, but rather oddball nowhere that requires new roads alongside.
@sawlty-suite5131
@sawlty-suite5131 Жыл бұрын
Don't forget that this a country with billions to play with
@lesedithankane4839
@lesedithankane4839 Жыл бұрын
which stadiums were demolished in AD ?
@yuriydee
@yuriydee Жыл бұрын
One mistake at 1:57, FIFA also takes into account bribes when choosing a host. Let's not forget that important fact.
@jakestar121
@jakestar121 Жыл бұрын
they talk about that later on in the vid
@Anonymous_Lee19
@Anonymous_Lee19 Жыл бұрын
It's probably better to build the necessary infrastructures in 2 or 3 countries and allow the countries to host the event in turn... This can work for both the World Cup and Summer Olympics. I think it will be meaningful to host the Summer Olympics in Greece.
@lgstar3363
@lgstar3363 Жыл бұрын
In this case only the teams of these 3 countries will participate
@kholofelomakgabo6195
@kholofelomakgabo6195 Жыл бұрын
The Cape Town stadium has been struggling for the past few years. Hence they decided that the Stormers Rugby team utilize the stadium for it home matches.
@the_notorious_bas
@the_notorious_bas Жыл бұрын
@7:04 "You end up building stadiums that are not needed" Ha, that sums it up in a nutshell.
@L3L3Lee
@L3L3Lee Жыл бұрын
220bn 👀. I can't wait to watch it.
@Altair.1187
@Altair.1187 Жыл бұрын
In Qatar there was a brilliant idea, they have built many easy to assemble/deassemble stadiums. They will deassemble those stadiums after the world cup and donates it to countries in need for them. Qatar gained a lot out of this, it might not has the same effect with other countries, Qatar is now known around the world even though it's a tiny state, they will boost tourism in Qatar, make new relationships around the world, become Known by itself is a very important gain. So, if what they are saying in this video is true, it doesn't mean it applies to everyone, Qatar has avoided the negatives and gained all the benefits of hosting the WC.
@michaeloreilly3539
@michaeloreilly3539 10 ай бұрын
Hello!!! 6,000 + Modern slaves died while building the infrastructure! With no compensation to their families. All died of heart failure!
@maxyipw
@maxyipw Жыл бұрын
These are more like festivals, as the festival gets over the same spike in economic recovery is rare. Now the case of Qatar, they are trying to make another Dubai, but that only time will tell as how much they gain from these new infrastructure, especially considering there population
@carlosa7598
@carlosa7598 Жыл бұрын
it all depends on the country. here in Japan, they did great since 2002
@michaelcollins1220
@michaelcollins1220 Жыл бұрын
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@michaelcollins1220 Жыл бұрын
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@soy2799
@soy2799 Жыл бұрын
This isn’t just the largest soccer event this is the biggest event on the planet not just sports.
@shawnseabelo5805
@shawnseabelo5805 Жыл бұрын
South Africa did not demolish any stadium, stop misleading people 😅
@WDI2008
@WDI2008 Жыл бұрын
Hosting the FIFA World Cup is just like hosting the Olympic and Paralympic Games.
@Professional_Youtube_Commenter
@Professional_Youtube_Commenter Жыл бұрын
You cant put the price of world up on a spreadsheet. There are all sorts of unintended benefits. Loads of people/businesses set up shop there. Have their feet on the ground and make decisions to move there or open up shop at a later date. Qatar is well placed because they have an airline and in transit area for the whole world. They do need to differentiate from dubai though.
@hus390
@hus390 Жыл бұрын
I'm Qatari, the price tag is poorly misunderstood. It includes many multi billion dollars development projects that was planned for way before we won the bid in 2010. Like building new airport instead of the old (single runway) airport. Or new sea port to export more of our petrochemical products ( notice how completely unrelated to sports) Or modernizing and extending our roads to combat traffic (in a country where cheap petrol prices make people drive more instead of using public transportation)…etc. Along the way, the conditions of foreign workers have improved significantly. Some parts of the labour system were completely overhauled. The Kafala system was scrapped. Their accommodations were improved. Even FIFA acknowledged the reforms. I'm sick and tired of this anti-Qatar BS. Some just want to condition social and cultural changes to host such events. That's nonsensical, as it's unrelated to any of the qualifications in the bidding process. You can't just transform a socially conservative this easily. Some exceptions will be made for alcohol consumption in public during the tournament. (You can drink in Qatar but only in your house or in hotel bar). But even a guy like me who is fairly western minded, see a benefit of our way of life. We don't have to worry about drunk drivers while we are driving, or deal with violence caused by alcohol. You are all welcome to Qatar.
@arientshole114
@arientshole114 Жыл бұрын
Which stadiums in South Africa were demolished? I don't recall the issue of world cup stadiums being bemolished in South Africa
@misskhanitthakumrong3901
@misskhanitthakumrong3901 Жыл бұрын
Hello CNBC News 😻💕
@thato596
@thato596 Жыл бұрын
New world class stadiums need to be build. The world cup is a prestigious sport, the biggest single sport event in the world. So you can not host the world at an nfl stadium or some average looking stadium nope. It has to look beautiful
@DailyHadithPBUH
@DailyHadithPBUH Жыл бұрын
Qatar infrastructure amongst the best infrastructures in the world.. I visited alot of countries but I've never seen any competition at all..Best of luck Qatar ❤ for making the world cup magnificent..
@_yqs
@_yqs Жыл бұрын
Thank you!!
@franciskt4171
@franciskt4171 Жыл бұрын
The host countries need to convert the excess stadiums to weekend markets, if not daily markets...
@whatever_12
@whatever_12 Жыл бұрын
I'll never forget how fifa insisted on it's big game playing out of sight of poverty and underdeveloped areas.. If a stadium is fit to play.. the surrounding shouldn't matter, if most doesn't have a fortune to build luxury home they shouldn't be discriminated from having a match near them in favor of the rich neighborhoods
@rorisxng
@rorisxng Жыл бұрын
06:44 Yo South Africa hasn’t demolished ANY WC stadium. They’re used for football, rugby and concerts to varying degrees but all still standing. ZA hosted AFCON 2013 in 5 of those venues. As to the inflated construction costs that’s partly attributable to collusion.
@sihlebulose4584
@sihlebulose4584 Жыл бұрын
Which stadiums were demolished in RSA? The world cup had a very positive effect on our economy. Its true that no all stadia are fully utilised, but this has improved over time as certian stadia are used for multiple sporting codes.
@Goldii_G
@Goldii_G Жыл бұрын
Where ever the sport was first played is where there should be an designated world cup destination. So that these buildings and resources are not just going to waste.
@nashnyabe7470
@nashnyabe7470 Жыл бұрын
no stadium in south africa was demolished. False news which undermines the credbilibity of this video
@RajA-0202
@RajA-0202 Жыл бұрын
But Qatar makes that money in couple days selling barrels of oil.
@ttzzaa
@ttzzaa Жыл бұрын
Gas
@stephenmlangeni1243
@stephenmlangeni1243 Жыл бұрын
why did South Africa never demolished any stadium, I would know, I live here
@karstenbrumme6133
@karstenbrumme6133 Жыл бұрын
Good evening gents. Good to see the Beach Boy here. Long live Linners
@X-Warrior.1119
@X-Warrior.1119 10 ай бұрын
I suggest you guys replace the buying-bids with voting-boxes for Fifa?... But that's just my Opinion!
@josephpingol0720
@josephpingol0720 Жыл бұрын
The good thing about Qatar, the country is on a developing stage. Spending billions was inevitable. Winning the FIFA bid was timely. Win win for Qatar.
@natanielb1445
@natanielb1445 Жыл бұрын
it was great for qatar...this same development would've take them 10-15 years more but because of the wc they had to do it within 2022.
@borhanuddin4289
@borhanuddin4289 Жыл бұрын
Lol, Qatar is a developed country.
@lxttx12
@lxttx12 Жыл бұрын
What about the slaves?
@Knightmessenger
@Knightmessenger Жыл бұрын
I think the World Cup gets it right by having different cities host the games in the same country. The Olympics should follow suit rather than try to cram all their events into one city. So have Chicago host but have some events in Milwaukee and Detroit. It would also give more cities a chance to host an Olympic event that could never host the entire event today.
@jaybacalla2829
@jaybacalla2829 Жыл бұрын
as long as it satisfies fifa's demands, what ever happens in quatar's economy after the cup, it's up to them, nothing is wrong with that.
@sisakhoza4739
@sisakhoza4739 Жыл бұрын
Even if stadiums aren't demolished, they stay underutilised thus costing both for building and then maintaining, where the money is from the municipal/local government's purse.
@lingth
@lingth Жыл бұрын
Its ok QATAR is rich even if the World Cup was operated at a NET LOSS due to the restrictions on alchohol etc, its still an honor to be one of the few Asian Countries to host one. and since it comes around every 4 years its not an opportunity that will come around easily.
@neeljavia2965
@neeljavia2965 Жыл бұрын
Nice joke.
@hello_elco
@hello_elco Жыл бұрын
Imagine how expensive it would be if they paid and took care of their workers properly…..
@ali20396
@ali20396 Жыл бұрын
If you are serious about the issues of the rights of foreign workers that exist in the Arab Gulf, then I urge you to research more about the developments that have taken place, as most of the problems have already been solved, but if you only hate these countries, but if you only hate them, there is nothing wrong with you hating these countries On a real issue like: they are not democracies or because they depend on fossil fuels
@corneliusshivambu4541
@corneliusshivambu4541 Жыл бұрын
In South Africa all world Cup stadiums are still operational, they don't need tenants because the municipalities own the stadiums
@SingularityLabsAI
@SingularityLabsAI Жыл бұрын
In India the costliest stadium costed $100M to build. India would have built all the 8 stadiums from scratch within $1B😀
@Suraj-sx8ib
@Suraj-sx8ib Жыл бұрын
Haha..american media and people could never understand the feeling of hosting the worldcup..worth every money
@sunilkrishna2283
@sunilkrishna2283 Жыл бұрын
2026 america already have bug studiums and it will be a growth for america
@MrStephenmindo
@MrStephenmindo Жыл бұрын
Is that true though that it'll be most watched ever? I'm football fan but there's barely any hype around it in my circle
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