Why It Doesn’t Pay To Host the World Cup
Summary
Hosting the FIFA World Cup often costs cities more money than they earn from the event, despite its global popularity and economic benefits at the international level. Local governments pay for large expenses like security and transportation, while FIFA earns most of the revenue.Key Facts
- The 2026 World Cup is expected to add $40.9 billion to the global economy and create over 800,000 jobs.
- Host cities cover big costs including security, policing, transportation upgrades, and fan events.
- FIFA collects most of the money made from the World Cup, while cities take on much financial risk.
- Past research shows that 12 of the last 14 World Cups caused economic losses for host cities.
- For example, the 1994 World Cup in the U.S. led to about $9.3 billion in losses for local cities.
- FIFA says it works with host cities to reduce costs and accommodate local needs.
- The 2026 tournament will be held in 16 cities across the U.S., Canada, and Mexico.
- There are concerns this year’s host cities may lose money due to low hotel prices, high airfares, and a mix of priced and unsold tickets.
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