[VolandoVengoVolandoVoy]

(05-28-2015 06:52 AM)CrashBangWallop Wrote:  

Lets face it, World Cups, Olympics etc are just an opportunity for Elites to funnel serious public money into their own pockets via the awarded contracts.

We're just a bit butthurt in the Uk that we are continually on FIFA's naughty step because we try, harder than most anyway, to play by the rules and get unhappy about how things are done. Hence no WC for 50 years

THIS

When people talk about the World Cup or the Olympics "losing" money, I always have a bit of a chuckle.

They are HIGHLY profitable if you are on the inside. Billions of dollars in public and corporate money provide endless opportunities for rent seeking behavior, influence peddling, and outright theft.

Of course, if you are an average tax paying member of the public on the hook for the bonds that must be paid off over the course of decades it is not such a good deal.