Political, Social and Economical Impacts on the 2010 World Cup

1790 WordsSep 29, 20118 Pages
FIFA World Cup South Africa 2010: The Social, Economical and Political Impacts Communication: Outcome 2 Summative Assessment Graeme Boyle November 2010 Table of Contents 1. Introduction 3 2. Overview of the Event 3 2.1 Social impact 4 2.2 Political Impact 5 2.3 Economic impact 6 3. Conclusion 7 4. References 8 1. Introduction The FIFA World Cup is one of the largest sporting events in existence, happening every four years in different country across the world. As with any other major event a windfall of social, political and economic impacts that affect the host nation can be seen. This report has been requested by Caroline Patterson and Mark Hetherington on the social, political and economic impact of…show more content…
Crime and violence have been minimal, the stadiums have been lauded, the crowds have been happy, the foreign visitors are impressed, the logistical challenges have been overcome and the nation is basking in global praise.” The impact the World Cup has had on the reputation of South Africa is clearly illustrated here, the World believes that this nation is capable of handling major events and has the political power to move forward. 2.3 Economic impact Any major event will create an increase in the economy surrounding it, through tourism, development and other contributing factors. The World Cup 2010 generated a huge amount for the South African economy, estimated to be around £3.3 billion. A report by UBS Investment Research predicted build up to the World Cup would add between 0.5% and 2.2% to South African GDP and created more than 300,000 jobs, this would be 2.7% of total employment. FIFA requires all stadiums hosting World Cup games to be state of the art and of high quality with executive boxes. South Africa had to invest over $1.5 billion into building five new stadia and improving a further five more. For the purpose of the World Cup this was a good investment, but looking into the future the stadia will ultimately put a heavy burden on the South African Football Associations financial budget. With the average attendance of a premier league game in the 2009/10 season being 8,000, it will be near to impossible to gain the annual $10million
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