FOOTBALL WORLD CUP 2014

Football World Cup 2014

Football World Cup 2014

Introduction

The 2014 FIFA World Cup will be the 20th FIFA World Cup and second in Brazil (Glanville, 2005, 3). The Brazilian federal government has earmarked R$ 3 billion (US$ 1.8 billion, £ 1.1 billion) for buying into in works turned to the 2014 FIFA World Cup, and proposes to issue a bundle of works, deserving the FIFA World Cup PAC (Portuguese acronym for Growth Acceleration Programme). According to the Brazilian minister of towns, Marcio Fortes, the bulk of capital should proceed to works pertaining to the world football championship, but the total number will only be characterized after a gathering with representatives of the municipalities that will owner the matches.

This is only a primary figure. We have not set a number yet. These R$3 billion will permit us to take the first step. The total worth of tasks is not renowned yet. We are going to contain converses with heads to discover which tasks are priorities said the minister. The capital will be provided by Pro-Transporte, financing events financed by the Severance Pay Indemnity Fund (FGTS) whose guideline was passed last year by the fund's Board of Curators.

Advantages of hosting world cup in Brazil

South African founded businesses are suggested the possibility to discover enterprise possibilities that the run-up to the 2014 FIFA World Cup in Brazil can offer. This has been made likely through the Gauteng Provincial Government's association with Soccer. Prospect live especially for businesses actually engaged in the 2010 FIFA World Cup groundwork's to trade items their know-how and skills (Adelmann, 2003, 86).

Gauteng Economic Development Agency Marketing Head Barba Gaoganediwe conveyed Gauteng's dream and propel in positioning the province as the dwelling of sports and a premier contestant in worldwide fair affairs. "For us in Gauteng we are utilizing games as a conduit for financial development and a new tool for fighting to appeal investors into our country," clarified Gaoganediwe.

The stage is utilized to not only encourage the approaching FIFA Confederations Cup but furthermore Soccer business. Further enterprise possibilities for particularly Gauteng founded businesses in South Africa will be supplied by this happening that furthermore characteristics Brazil. It makes flawless sense that the proactive set about to enterprise development and 2010 trade and advancement characteristic compatriots in Brazil with the South American homeland hosting the FIFA 2014 version of the World Cup (Baimbridge, 2010, 615).

Working simultaneously with diverse government agencies, Tourism Authorities and authorized FIFA ticketing and hospitality service providers the Brazilians are prepared to tap into the freshly construct know-how of the South Africans in periods of organizing for the soccer showpiece. With nearly an alike communal and logistical set-up Gauteng and South Africa in specific is in a beam place to cause these tremendous possibilities suggested for nations of the South (BBC Sport, 2009).

Disadvantages/Challenges

We have currently glimpsed larger openness over groundwork's for the Brazil World Cup, with Jerome Valcke's condemnations about the stride of building work well ...