The 2018 World Cup added more than $14 billion to the Russian economy, more than one percent of the country’s gross domestic product, tournament organisers said in Doha on Tuesday.
The figure was revealed in a report on the economic, social and environmental impact of the tournament by Alexey Sorokin, the CEO of Russia’s World Cup organising committee. “The figure the report comes up with is quite surprising,” Sorokin told a football conference in Qatar, which is the host of the next World Cup in 2022.
It calculated that the impact of the World Cup on Russian GDP between 2013 and 2018 was 952 billion roubles ($14.5 billion, 12.5 billion euros). This was the equivalent of 1.1 per cent of GDP.
ALSO READ: Madagascar secure first ever AFCON appearance since 1972
The report, prepared by Russian World Cup organisers, also said that the tournament created up to 315,000 jobs per year in Russia and would still have an impact on the economy over the next five years.
Despite warnings prior to the tournament over hooliganism and the political situation involving Russia and Western countries, the 2018 World Cup was considered a success.
It is not clear if the figures were subjected to any independent scrutiny.
Europe’s biggest clubs are packed with elite wide attackers, yet only a select few can…
He won ten shot put medals at the Nigerian University Games Association (NUGA) during his…
Morgan Rogers is open to playing outside England as a host of clubs are in…
The FA assured all football-loving residents and the general public that maximum security measures...
Eneramo began his professional journey with Lobi Stars before moving to Espérance Sportive de Tunis…
"What I have to manage is the situation at Paris Saint-Germain. Everything else is very…
This website uses cookies.