(WFI) Industry data gives an early glimpse at the massive spending Qatar has in store ahead of the 2022 World Cup.
Qatar is investing heavily after being awarded the 2022 World Cup last month. (Getty Images)
Business Market International published a report suggesting the Gulf state could spend upwards of $100 billion in the next five years for the tournament that is still more than a decade away.
According to a release, the better half of that figure is for transportation upgrades, including $25 billion on rail development, $20 billion on new roads, $11 billion on a new airport and $5.5 billion on a new port.
About $20 billion is already set aside for tourism investment over the next three years, including hotel expansion and venue construction.
The host country plans to build nine stadiums and renovate another three for a total cost of $3 billion. Assuming the World Cup remains scheduled for the hot summer months, all must be air-conditioned as per Qatar’s bidding plans.
BMI suggested Qatar’s biggest challenge could be coping with the massive influx of visitors that comes hand-in-hand with football’s biggest stage.
The report also noted that the event could come off as elitist if more affordable hotels aren’t built.
Politicians Back West Ham 2012 Stadium Bid
More than 50 MPs are backing the joint bid from West Ham and Newham Council, as the legacy of London Olympic Stadium hangs in the balance.
This rendering shows the London Olympic Stadium under Hammers tenancy after the Games. (West Ham United)
The politicians pledged their support at a House of Commons reception hosted by West Ham MP Lyn Brown and attended by all the main political parties as well as representatives of UK Athletics.
“As you can see, we have cross-Parliamentary support for this Bid,” Brown said in her welcome speech. “It is a strong bid, it is the only bid that makes sense, puts money back into the community and makes sure our children have a sporting future.”
Also at the gathering, West Ham United vice chairman Karren Brady and Newham mayor Sir
Robin Wales unveiled the first-ever image of what the stadium could look like with the Hammers as tenant.
Tottenham Hotspur and AEG are also bidding to take control of the 2012 Olympic venue. Unlike the Hammers they will not retain the athletics track but
demolish the stadium and reconstruct a purpose-built facility for
Al Jazeera Awarded World Cup Rights
Media rights distribution for the 2018 and 2022 World Cups is underway.
FIFA has extended its World Cup rights deal with Al Jazeera, allowing the broadcaster to screen the tournaments throughout the Middle East and North Africa.
“Al Jazeera Sport more than proved its commitment to delivering high-calibre coverage to football fans during the 2010 FIFA World Cup South Africa,” FIFA secretary general Jerome Valcke said.
“FIFA’s aim is to make the World Cup as accessible to as many people around the world as possible – and for this we thankfully have an immensely strong partner in Al Jazeera Sport for the Middle East and North Africa.”
The agreement provides for cable, satellite, terrestrial, mobile and broadband internet coverage from the Qatar-based broadcaster.
The 23 nations included are Algeria, Bahrain, Comoros, Djibouti, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, UAE, Yemen and Palestine.
New Legal Counsel for UEFA UEFA has a new face in its team of attorneys. The confederation announced Thursday that Pierre Cornu will come on board as chief legal counsel for integrity and regulatory affairs.
Cornu, now president of the Swiss FA’s sports court, will lead the UEFA’s legal services and disciplinary unit beginning in June.
CAF Delays Host Decision Morocco and South Africa will have to wait another day to learn which year they will host the African Nations Cup.
The 2015 and 2017 host decisions were slated for Friday, but CAF announced today that they won’t now come until Saturday.
As the only two contenders, it’s all but certain Morocco and South Africa will each get a Cup. The only question is which year they will host.
Both will make presentations Saturday in the southern Congo DR city of Lubumbashi, after which the confederation’s executive committee will convene and choose the hosts, which will be announced by CAF president Issa Hayatou at a media conference.