Doha spent $10 billion to build 8 stadiums to host the World Cup

Doha spent  billion to build 8 stadiums to host the World Cup
Doha spent  billion to build 8 stadiums to host the World Cup

Doha spent $10 billion to build 8 stadiums to host the World Cup

In the coming weeks, the world will be united around an event that is repeated every four years but this time quite different from all previous ones, namely the FIFA World Cup hosted by Qatar. The last tournament hosted by Russia attracted around 3.5 billion people to watch at least parts of it, while around a billion people watched the final or part of it.

As prominent American business analyst Adrian Wooldridge says in an analysis published by Bloomberg News, “There is no other sport in the world that can rival football in popularity,” adding that football matches can and can be followed anywhere with a television signal From Side everyone can buy this round ball.

Intoxicating sports are spreading

And the cheery sport continues to spread around the world as Chinese President Xi Jinping announced his country’s aspiration to host the FIFA World Cup and win it by 2025. After the tournament that starts on November 20th in Qatar, the next tournament will follow in 2026 in both the United States, Canada and Mexico. Not only that, but statistics show that the game is growing in popularity among women, with women making up 40% of the total viewership at the last World Cup.

In fact, the Qatar Championship is unique in many ways, which is happening for the first time in the history of FIFA World Cup tournaments.

For the first time, the FIFA World Cup will be hosted in an Arab-Muslim country, and for the first time in winter to avoid the high summer temperatures, as the tournament normally took place in June and July. It is also the first time that the FIFA World Cup will be at the heart of a huge development project.

The Qatari government is trying to capitalize on the country’s natural gas wealth to ensure its long-term security and prosperity. Since the mid-1990s, Qatar has increasingly focused on using the power of football to improve the country’s image and Qatar hopes to see financial returns from this.

Qatar Sports Investments also bought French club Paris Saint-Germain, turning it from a crumbling club into a major European power. Several Qatari institutions have obtained sponsorship rights for a number of big European clubs such as Real Madrid, Bayern Munich, Barcelona and AS Roma.

The Government of Qatar has lavishly spent to boost and strengthen the local football league and is looking for football talent among Qatari children as young as 12 years old.

Since Qatar won the right to host the 2022 World Cup in 2010, it has spent more than US$250 billion on football-related development projects, significantly more than China’s spending on hosting the Beijing Olympics in 2008 totaled $42 billion, and what Russia spent hosting the 2014 Winter Olympics was $55 billion. The truth is that Qatar spent only $10 billion to build eight stadiums that will host the championship games, while the rest of the money went to implement a huge plan to rebuild the country, new hotels, expanded port and airport, rebuilt the road network and built three subway lines and a new city that is home to more than a quarter of a million people.

Wooldridge says there is hostility in the West towards Qatar’s extraordinary project to host the World Cup, more than hostility towards Russian President Vladimir Putin’s hosting of the previous tournament in 2018. The list of Western accusations against Qatar includes saying, that Doha the power of football to strengthen its international influence.

globalization

The globalization of football moves according to the fundamental market forces as the teams that can attract the best football talent have the biggest financial returns and the teams that can attract the biggest financial returns attract the best talent and this has led to the emergence of Giant football leagues that occupies a position very far from the rest of the leagues in the game. In the world, and this has led to an increase in the trade of players between countries, three quarters of the players in the English Premier League, the largest league in the world in terms of popularity, are foreign, and more than half of the technical managers of the Teams in this league are foreign nationals and half of the clubs themselves are foreign owned.

The irony is that in old Europe, known for its reluctance to conform fully to the values ​​of commerce, there is full adherence to market forces, especially when those values ​​are applied to things universally sacred, like football , originally a working-class game, is still steeped in the values ​​of collectivism embodied in the Liverpool FC logo: “You can never walk alone.”

While the United States was late in embracing football, perhaps because of its ambition to make American football a popular game around the world, Europe became a global center for investment in football, an open market for players and coaches from around the world, and it established stadiums, training programs and support teams. The result was that five European countries have won the World Cup in the last six tournaments from 1998 to 2018 and provided three quarters of the participants in the World Cup finals.

Wooldridge says in his analysis that one must be clear that Qatar’s spending of around a quarter of a trillion dollars will bring big strides for the country and that the Qataris have liberalized many of their policies to host the tournament. After all, the game of football itself has its appeal.

Wooldridge says as soon as the games start, billions of people will get World Cup fever and forget all their worries. The idea of ​​football is not only a beautiful game, but also a game whose outcome is unpredictable. And a small country like Croatia can compete with the big ones, and unknown players can become stars.

Wooldridge expects Qatar to win the admiration of many for the progress they have made.

• This is the first time that the FIFA World Cup has been the focus of a development project.

• 5 European countries have won the World Cup in the last 6 tournaments from 1998 to 2018 and they accounted for three quarters of the participants in the World Cup finals.

• Europe has become a global center for investment in football, an open market for playing and training talent from around the world and has established stadiums, training programs and support teams.

• Qatar has spent more than US$250 billion on football-related development projects, far more than China’s spending on hosting the Beijing 2008 Olympics (US$42 billion) and Russia’s spending on hosting the 2008 Olympic Games 2014 Winter Olympics, that was $55 billion.

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