Jul 13, 2014, 1:20 PM EDT
One of the VIP guests invited to the 2014 World Cup final in Rio de Janeiro on Sunday is already planning for the next tournament in Russia four years from now.
Russian President Vladimir Putin, who will attend the final by invitation along with many other leading politicians, is ready to splash some serious cash when it comes to hosting the World Cup for the first-time in his nations history. Putin and members of the Kremlin are planning to spend over $20 BILLION on hosting the showpiece event, as costs for new stadiums, infrastructure and transport links will be hefty. Putin will be up for reelection in 2018 and could see hosting the World Cup as a great tool to rally public support behind him.
The latest report comes from NBCNews.com, as Putin aims to make the 2018 tournament the most-expensive and extravagant World Cup in history.
“Russian President Vladimir Putin reportedly plans to spend $20 billion on Russia’s hosting of the 2018 competition. His ambitious plan will see stadiums and infrastructure built over an area stretching 1,500 miles from the Baltic Sea in the west to the Ural Mountains that form the gateway to Asia. The event is expected to follow the economic blueprint of this year’s Sochi Winter Games – the most expensive Olympics in history with estimated overall price tag of $51 billion.”
Putting the reported budget for the 2018 tournament into context, the 2014 World Cup in Brazil reportedly cost over $14 billion, while South Africa 2010 came in at $3.9 billion. That means the money Russia will spending on the 2018 World Cup is five-times the amount that was spent in South Africa. Wowza.
The 2014 Winter Olympics in Sochi were deemed a success in Russia, as Putin spent an incredible $51 billion on the event to make it the most expensive Olympics in history. The event was safe, delivered what was expected but now Sochi has no need for the stadiums, hotels and other infrastructure built for the games. In the bigger cities like Moscow and St. Petersburg, improving soccer stadiums and transport will prove beneficial, but in some of the more remote World Cup cities in Russia spending is badly needed on other things. Will “White Elephants” be left behind all over Russia when the tournament has finished? Or will the Russian people benefit from this monumental expenditure on World Cup stadiums and facilities?
That remains to be seen. Putin’s plans may be grand, but they should improve the country for the long-term, not just dazzle during a World Cup, then dissolve into dereliction.
Sep 22, 2014, 12:37 AM EDT
Toronto FC vs. Chivas USA was the only MLS match to occur on Sunday.
Sep 22, 2014, 12:10 AM EDT
Roundup of Serie A and La Liga matches from the weekend.
Sep 21, 2014, 10:09 PM EDT
Manchester City defender Pablo Zabaleta thinks the referee let Diego Costa off without a red card during their encounter that spurred a red card for the Argentine.
Sep 21, 2014, 9:07 PM EDT
Barcelona beat Levante 5-0 on Sunday to continue their winning streak in all competitions.
Sep 21, 2014, 8:27 PM EDT
Short written and video recap of Sunday’s games.
Sep 21, 2014, 7:02 PM EDT
Manchester City goalie Joe Hart confirmed that he hadn’t discussed a new contract with the club, and Liverpool is a prime candidate for his services, according to the Metro.
Sep 21, 2014, 5:48 PM EDT
More racism was thrown at Mario Balotelli, but this time, it appears law enforcement will get involved.
Sep 21, 2014, 5:09 PM EDT
Mesut Ozil and Danny Welbeck scored and assisted each other during the Gunners 3-0 win over Aston Villa.
Sep 21, 2014, 4:30 PM EDT
Alessandro Florenzi hugged and kissed his grandmother in the Stade Olimpico stands following his goal in AS Roma’s 2-0 victory over Cagliari.
Sep 21, 2014, 3:34 PM EDT
Everton manager Roberto Martinez laments loss to Crystal Palace, saying that his squad lost its drive for victory.
Sep 21, 2014, 3:06 PM EDT
One England international paid respects to another as a legend scored an emotional goal for his new team against his old.
Sep 21, 2014, 1:55 PM EDT
We didn’t see this coming, and neither did Frank Lampard.
Sep 21, 2014, 12:57 PM EDT
Pablo Zabaleta’s second yellow card changed the game, but a former Chelsea legend came back to haunt them.
Sep 21, 2014, 12:55 PM EDT
Everton started early and saw much of the ball but Crystal Palace got a few breaks and took advantage to pick up their first win of the season.
Sep 21, 2014, 11:21 AM EDT
Mario Balotelli put an LOL up on Twitter at Manchester United’s expense, and subjected himself to some horrible racial abuse.
Sep 21, 2014, 10:57 AM EDT
Despite heavy defeat, United’s new attacker scores goal of the season contender.
Sep 21, 2014, 10:51 AM EDT
Everton has sewn the seeds for a good run of form and are hoping to build on recent success against a struggling Palace squad.
Sep 21, 2014, 10:42 AM EDT
Diego Costa hsa been in fantastic form to begin his Premier League career, and has the chance to fire Chelsea five points clear at the top of the table.
Sep 21, 2014, 10:26 AM EDT
Manchester United were left shell-shocked after blowing a 3-1 lead against Premier League minnows.
Sep 21, 2014, 10:22 AM EDT
Spurs offered little as James Morrison propelled West Brom off the bottom of the table.
- Emotional Lampard just as shocked after pegging back ex-club Chelsea (VIDEO) 0
- Manchester City 1-1 Chelsea: Lampard shocks former club with late equalizer (video) 1
- Mario Balotelli mocks Manchester United on twitter 5
- Leicester City 5-3 Manchester United: Foxes complete comeback for the ages (video) 9
- MLS Roundup: Sounders, D.C. United slip; LA gains ground in the West 0
- Premier League Sunday preview: Man City vs. Chelsea; Everton, Spurs, Man United in action 0