FIFA World Cup 2022 Expense-This time the Football World Cup (FIFA World Cup 2022) is being organized in the Gulf country Qatar. It is the most expensive sporting event in the world so far. According to media reports, $ 222 billion has been spent on this. For this, six new stadiums have been built in the country.
FIFA world cup highlights
- Qatar spent $222 billion on the Football World Cup
- This is more than the combined net worth of Mukesh Ambani and Gautam Adani.
- $ 15 billion was spent on building the players’ complex
FIFA World Cup 2022 Expense
The Qatar FIFA World Cup has started in the Gulf country Qatar. According to media reports, Qatar has spent a considerable amount of $ 222 billion on its organization. This amount is more than the total net worth of Gautam Adani and Mukesh Ambani, the two biggest tycoons in India and Asia.
According to the Bloomberg Billionaire Index, Adani’s net worth is currently $132 billion, while Ambani’s net worth is $90 billion. In total, the net worth of both of them sits at $222 billion. Adani, the chairman of the Adani Group, is number three on the list of the world’s wealthiest people. Ambani, the chairman of the country’s most valuable Reliance Industries, is at number nine on this list.
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The Football World Cup in Qatar is the costliest sporting event ever. It began on 20 November with a match between hosts Qatar and Ecuador. The final game will be held on 18 December. A total of 32 teams are participating in it.
Qatar hosted the Football World Cup in 2010; since then, the country has poured in money to make the event a success. Six new stadiums have been built, while two old stadiums have been renovated.
Along with this, stadiums have also been built to train the players. It is estimated to cost a total of 6.5 billion to 10 billion dollars. In the initial bid, it was said to cost four billion dollars.
$15 Billion Spent On The Pearl
According to American sports finance consultancy Front Office Sports, Qatar has spent $210 billion building infrastructure for the World Cup. This includes the development of airports, roads, innovative hubs, hotels, and other things.
In Doha alone, $15 billion was spent on building The Pearl, a complex for players to stay in, while $36 billion was spent on the Doha Metro. According to media reports, Qatar spent $500 million weekly for several years on infrastructure development.
Earlier, the Football World Cup was held in Russia in 2018. A total of $ 11.6 billion was spent on it. Before that, $15 billion was spent in Brazil in 2014 and $3.6 billion in South Africa in 2010. Before that, the 2006 Football World Cup in Germany cost $4.3 billion, the 2002 event in Japan cost $7 billion, France $2.3 billion in 1998, and the US $500 million in 1994.