Sunday, August 22, 2010

Hosting world cup games in Bristol could cost us rather than make us money

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http://www.thisisbristol.co.uk/news/Football-fan-park-mistakes-triple-city-costs-163-250-000/article-2553739-detail/article.html

...The city council had arranged to host a Hyundai-sponsored fan park – one of only two in the country – as part of its campaign for Bristol to host World Cup games if England is awarded the 2018 cup. But failing to control a budget of £80,000, which escalated to £270,000, will leave taxpayers fearful of what costs they might end up facing if the city does host World Cup games...

Hosting world cup games could cost us rather than make us money and worse than that - their focus on the world cup is yet another indication that our councillors and MPs are far from focussed on genuine and appropriate economic development, with the goals of stability, security and sustainability, that builds strong local communities.