World Cup Soccer and US Essays - International Sport, FIFA, Stadium

The World Cup is a highly sought after event the world over. The sport of soccer is ultimately without doubt the number one sport recognized in the World, from major industrialized countries to third world countries on each continent. All countries industrialized or not, view the World Cup as a vital and significant event that can promote greatness through out its own country also bringing it worldwide recognition around the World. However, every country big or small must face and answer to the numerous economical, political, social, environmental variables associated with the task of holding a World Cup event. Along side all the countries vying for the opportunity to host a modern day World Cup, is the United States. Despite all of the strength and economical diversity the United States possess, one significant variable that hampers the United States in the eyes of FIFA officials is the absents of major soccer following with in the United States that even many of the less develop c ountries have . Despite some of the popularity variable flaws, which ultimately could be considered a disadvantage, the United States does support and bolster many of the invaluable necessities to be able support and produce an outstanding bid to host a future World Cup. This paper will detail the vital necessities needed by the United States such as economical standing, social significance, and environmental concerns determining the advantage or disadvantage of biding and holding a World Cup event, as well as, what common research practices are utilized in the process of research. The number of vital variables a country must meet in hosting a World Cup is significant, arguably, none more so than the impact and significance of economic ability and stability of a country. The United States has hosted its share of international events like the Olympics and Winter Olympics and World Cup events. One vast advantage that I believe the United States has over many of the other countries is the economical backbone to support these types of events that other countries may not posses. The economical feasibility of hosting or biding for the World cup is vital. The cost of bidding and staging the event must be taken into account given that staging cost include both operational and capital cost. Another major variable for economic strength is having the governmental backing and support. It is established that bids for major sporting events are deemed to have more credibility and potential to succeed with full backing and support from the government of any host nation. I believe the U.S government has an excellent track record in promoting financial guarantees, and active involvement in the promoting bid. As in the present day, the U.S government (including President Obama) and many other significant government figures are promoting the future bid for hosting the 2018 World Cup. As mention prior, the track record of government support for international events is a positive notion to consider. (HM Treasury) notes that ample consideration given to any country is deemed positive by FIFA and other sporting confederations. The realistic nature for any country is the fact that not all economic gains will be positive. The U.S is no different. The major theme of every country wanting to host a major sporting event is to ultimately boost economical growth. Many countries highlight the substantial economic benefits, in addition to the unquantifiable intangible benefits, derived from hosting a major sporting event. (HM Tres) However, research says that there is no possible way for any country, hosting any major event to be one hundred percent efficient in expected revenue generation. As mentioned, present day news release are stating that the U.S could turn a $3 billion profit for hosting a future World Cup event. By most economic view points, this is impossible. This 3 billion may be a targeted estimation but all reality economic research states that much less than this will be met. HM states, that assessing the benefits to the economy, particular attention should be given to the substitution and displac ement effects that are sometimes ignored. For the U.S, research has shown that for several of the major international sporting events the economical impact has provided long term growth in the region