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Why Host the World Cup?

From project-syndicate.org

Whom would you trust more, Russian President Vladimir Putin or Chicago Mayor Rahm Emanuel? Whereas Putin is reveling in the attention that Russia is receiving as host of the 2018 World Cup, Emanuel has informed the US Soccer Federation and FIFA that Chicago has no interest in serving as a host city when the event comes to North America in 2026. Canada and Mexico will each host ten matches, and the United States will host another 60. So why is the third-largest US city taking a pass? To understand what it means to host a global sporting event, consider the fact that Putin’s government spent $51-70 billion to stage the ... (full story)

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