Organizers of the 2022 FIFA World Cup in Qatar are preparing to spend a staggering sum of money to host the world’s most watched event. The budget will be more than two times the amount spent by Russia for the 2018 World Cup, which took place in June and July. The cost will be around $200 billion, making it the most expensive World Cup ever.
Qatar is a small Middle Eastern nation that exports liquefied natural gas to the world. It shares one of the world’s largest natural gas fields with neighbor Iran, and the country’s wealth is mainly derived from exports. The country will need to invest a lot to make the stadiums and other infrastructure ready for the tournament.
Qatar will be hosting the World Cup in five cities. The tournament will take place in eight stadiums. There will also be a host of hotels and public spaces. The tournament will be held between November 21, 2022 and December 18, 2022. There will be 64 matches in total. A new metro system will connect the stadiums and public spaces. It is estimated that the cost of building the stadiums will range from $6.5 billion to $10 billion. The stadiums will also be linked with a fleet of electric buses.
One of the most exciting aspects of hosting the World Cup is the new infrastructure. Qatar has built seven new world class stadiums to host the tournament. The new metro system will connect the stadiums, which will make it easier for fans to travel to and from each game. Qatar has also spent millions to build a new international airport. The country has also invested millions on leisure amenities and new hotels.
While there are many questions about the cost of a World Cup in a small country, there are also plenty of benefits to be had. The event will boost foreign trade and tourism. It will give Qatar a foothold on the world map, and it will provide a boost to the economy.
It is also important to consider the legacy of the tournament. Qatar’s bid to host the World Cup was characterized as a bold gamble. But there have been a lot of concerns about the country’s human rights record and the treatment of foreign workers. Some migrant workers have been working in Qatar for a decade. They have faced accusations of abuse and bribery. In response to those allegations, the government made changes to its labor policy.
The FIFA fund will reward soccer clubs for developing players. It will also pay clubs that are invited to compete in the World Cup. The fund is worth a whopping $10,000 a day per player. It is estimated that the tournament has injected a whopping 12.5 billion euros into the Russian economy over the last three years.
The cost of the stadiums is the biggest challenge for organizers. Qatar has seven stadiums that have been built from scratch, and five others will be converted. It is also possible that security costs will be as high as $1 billion. In the end, organizers are expected to have the capacity for about 130,000 fans.