News   Apr 19, 2024
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News   Apr 19, 2024
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News   Apr 19, 2024
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Canadian Soccer Association to bid for 2026 World Cup

With news that the tournament is expected to increase from 80 matches - we will probably see 2/3 more games in Canada.
 
Much more to the point: When you vote to host the World Cup in your city, you vote to get ripped off. Period. The basic agreement is cities pay to host, FIFA keeps almost all the money, take it or leave it. This isn’t secret information. Cities like Montreal, Minneapolis, Chicago (headquarters of the U.S. Soccer Federation) and Phoenix left it, declining to be part of the 2026 bid. Toronto took it, knowing it was in a huge budget hole, and without any guarantee of provincial or federal support. Once councillors approved the plan, all that remained to be determined were the precise details of the swindle.

Meanwhile in Vancouver, the projected budget is $260 million for as many as five World Cup games. It’s an only slightly less outrageous cost than Toronto’s. But on the bright side, unlike Toronto, Vancouver actually has a plan to pay the tab: A temporary hotel tax, which is supposed to raise $230 million between now and 2030.

https://nationalpost.com/opinion/world-cup-swindle-was-always-plain-to-see
 

Hosting 6 FIFA World Cup matches estimated to cost Toronto nearly $380M, new report finds​


When Toronto first pitched the games in 2018, a city report estimated the cost at between $30 million and $45 million. Later in 2022, those cost projections would balloon to about $300 million. But in a report released Monday, city staff now estimate the hit to taxpayers will run about $380 million.

 
According to this report from the CBC ( www.cbc.ca/news/canada/toronto/fifa-toronto-cost-increase-1.7145284 ) Toronto City Councilors will seek to dig a little deeper into the latest report showing costs escalating into the neighbourhood of CDN$380M - a number that is sure to be far from final. As the cost estimations started out less then CDN$100M, I think anyone would be foolish to believe this latest figure will be close to the final tally reached post tournament. It will be interesting to see how this latest meeting will go. It would be also interesting to know what penalty clauses there may be in any agreement to host, should the city decide that six games for a number in excess of $500M is excessive.
 

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