Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Fear of World Cup fan shortage
Bloomberg, March 23rd, 2010 1:38AM

MOST READ
TAGS:  world cup

MOST COMMENTED

In the latest update on fears that fans aren't lining up to attend this summer's World Cup in South Africa, Mike Cohen reports that three months before the June 11 kickoff, about 100,000 international air tickets have been sold, the international visitor estimate has been cut to 350,000 from 450,000, and the expected contribution to economic growth has been halved.

South Africa has spent $4.6 billion to host the tournament, including building 10 world-class stadiums. “When the World Cup was awarded to us in 2004, the economic situation was completely different,” Sports Minister Makhenkesi Stofile said. “We have to revisit those projections and be realistic.”

Low attendance would be a blow to the government's efforts to expand the tourism industry and revive consumer spending following the country’s first recession in 17 years. The Ministry of Finance said on March 17 that the tournament would boost gross domestic product by about 0.5 percent this year, half of what was projected before the global recession.

Because of a lack of demand, MATCH Services AG, which FIFA contracted with to supply ticketing and accommodation services for the tournament, has relinquished rights for more than 450,000 nights of hotel room bookings. Sales of corporate hospitality packages were 50 percent short of the target.

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
LVG: Falcao "Has to Prove Himself"    
Manchester United coach Louis van Gaal has responded to criticism over dropping Radamel Falcao by claiming ...
Report: Adidas to Assist Messi Move?    
According to Spanish sports daily AS, Lionel Messi's sponsor Adidas could be the key to the ...
Mourinho Questions Man City's Transfer Policy     
Chelsea coach Jose Mourinho suggested that rival Manchester City is not adhering to UEFA's Financial Fair ...
Toure Admits Man City Future in Doubt     
Speaking ahead of the opening games of the African Nations' Cup in Equatorial Guinea this weekend, ...
Ronaldo Blasts 'Defensive' Atleti Tactics    
Cristiano Ronaldo blasted Atletico Madrid for its unattractive style after the Rojiblancos ousted Real Madrid from ...
Fabian Johnson's 'Spat' with 'Gladbach Coach Favre    
According to Bild, USA defender Fabian Johnson is in a "spat" with Borussia Monchengladbach coach Lucien ...
Serie A to Introduce Goal-Line Technology     
Serie A will introduce goal-line technology next season after the Italian soccer federation (FIGC) gave its ...
Ronaldo: Cristiano Junior Prefers Messi     
Real Madrid forward Cristiano Ronaldo, who on Monday was named the 2014 Ballon D'Or winner, revealed ...
Debuchy to Miss Three Months     
Arsenal coach Arsene Wenger on Wednesday revealed that right back Mathieu Debuchy is set to miss ...
Spurs Fights Back to Win Third-Round Replay     
Tottenham on Wednesday fought back from two goals down to beat Burnley, 4-2, in an FA ...
>> Section 2 Around the Net Archives