Nice. Spending on items depends on how its perceived value to the spender. as they say that "beauty is at the eye of the beholder".

Someone spending $1,099 for iPhone 14 Pro max is consider normal Vs spending $340 on 4 years once world cup is consider too much [Doubt]

FIFA World Cup Qatar 2022™: Most Expensive World Cup Ever

@MillionaireTiger
The 22nd World Cup officially opened at the Gulf Stadium in Doha, Qatar, and it was destined to be a very special World Cup, the first World Cup ever to be held in the northern hemisphere in winter, the first World Cup to be held in an Islamic country, and most notably, the most expensive World Cup ever! How much spend on the FIFA World Cup Qatar 2022™? The total cost exceeds the sum of previous World Cups. A more accurate answer is: the cost of the World Cup in Qatar is 5 times the sum of the costs of all previous World Cups. According to the statistics of CNN and "Forbes", the total cost of the World Cup in Qatar is 220 billion US dollars, In the past, the total cost of all World Cups was only 44.3 billion. Qatar’s minister of finance said in 2017 the country was spending $500 million per week on infrastructure projects including roads, hotels, stadiums and airport upgrades to prepare the small Middle Eastern nation to host the world’s largest sporting event. It will be, by far, the most expensive World Cup in history. Qatar is one of the richest countries in the world. Among the previous World Cup host countries, Qatar is the smallest country in terms of land area. Located on the Persian Gulf, it shares its only land border with Saudi Arabia, and the entire country is about 1/10 the size of New York City. But Qatar is one of the richest countries in the world. It has the third largest natural gas reserves in the world and is also extremely rich in oil resources, with a daily output of 800,000 barrels of oil. According to the forecast, Qatar's per capita GDP this year will exceed 100,000 US dollars. New stadium Due to the limited land area, there were only a handful of stadiums in Qatar that could meet the World Cup standard. After winning the right to host, Qatar built 7 brand new stadiums with a construction budget of more than 15 billion US dollars. Among all the newly built stadiums, the Lusail Stadium, which will host the final, is the most special, because even the city of Lusail was newly built for the World Cup. During the World Cup, ten games will be played here, including the final. In addition to the stadium, Qatar also expanded the airport. In order to accommodate more international flights, Qatar has built a new Hamad International Airport on the east coast of Doha. It covers an area of more than 5,400 acres and has the longest two runways in Asia. The investment exceeds 16 billion dollars. Air conditioning and turf Qatar has a very typical tropical desert climate, with hot winters and extremely hot summers. The hottest day in Qatar's history has a maximum temperature of 50.4°C. Even in November, the average daily temperature in Qatar is around 30°C, and the humidity is close to 60% - all this seems far from a chosen place for the World Cup. But in the end, Qatar won the right to host. Qatar was able to successfully bid because of a very important proposal - Qatar will install air conditioning in all open-air competition venues - to cool the open-air stadium. In football matches, the quality of the turf directly determines the quality of a game. Natural turf is used in world-class football matches. It has a more natural and softer foot feel, and can also protect the players' bodies to a certain extent. But in hot Qatar, it takes a lot of manpower, material and financial resources to get the perfect natural turf. Watering is also an important part. Unfortunately, Qatar's natural freshwater resources are not abundant, and pure water can only be obtained by desalination and desalination of seawater. Every summer, each stadium in Qatar needs at least 50,000 liters of water per day, and even in autumn and winter, it needs at least 10,000 liters of desalinated water. It is time for World Cup Qatar 2022. Of course, if you want to experience the FIFA World Cup Qatar 2022™, fans have to pay the most expensive price in history. In January this year, after Qatar World Cup tickets started to sell, fans discovered that the average ticket price was more expensive than previous World Cups. According to the latest calculations released by Keller Sports, the average ticket price for this year's World Cup in Qatar is US$340, which is 40% more expensive than the World Cup in Russia. In comparison, tickets to the 2006 World Cup in Germany are the most affordable in the past 20 years, with an average ticket price of $120 per game. In an interview with an Argentine fan, the fan said that he spent all his savings in the past four years to watch the World Cup. Many people thought he was crazy. But he doesn’t regret it at all, because, “They have a car, a house, but they didn’t get to come to the World Cup.” For more information about the FIFA World Cup, please check the official website.
FIFA World Cup Qatar 2022™: Most Expensive World Cup Ever

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet