Monday, January 30, 2023

Spain prepares 1,430 million for its candidacy for the 2030 World Cup

12/31/2022 at 2:07 pm.

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The majority of this investment will be allocated to infrastructure (750 million euros) and organizational expenses (680 million euros).

It is estimated that the tournament will generate a turnover of around 5,120 million euros and create more than 80,000 jobs.

Joint candidacy for the 2030 World Cup between Spain, Portugal and Ukraine begins to take shape, A recent Royal Decree approved by the Council of Ministers resulted in a grant of 7.5 million euros to the Royal Spanish Football Federation. However, this grant is just the beginning of a huge investment in the preparation and development of the 2030 World Cup bid.

The government estimates the required investment at 1,430 million euros, most of which will be allocated to investments in infrastructure (750 million euros) and organizational expenses (680 million euros). The total expenditure may seem high, but it is a far cry from the 200,000 million euros Qatar used to organize the last World Cup. On the other hand, the authorities estimate that the holding of the tournament will have a very positive impact on the economy, generating a turnover of around 5,120 million euros and more than 80,000 jobs.

top favorite

The joint candidature of Spain, Portugal and Ukraine to organize the 2030 World Cup wins the round as the main favourite. At least today, since its main competition, the alliance between Chile, Argentina, Paraguay and Uruguay still does not have an organizing committee. Furthermore, the fact that the next World Cup would be held in the United States, Mexico and Canada would result in another US candidacy, reducing the options for this one. However, in recent weeks the possibility of Saudi Arabia’s candidature has been overtaken by the Iberian. Football in the Gulf country is in constant development, as its team has displayed a more than dignified role during the World Cup in Qatar, and, seeing the success achieved by its neighbors, they move heaven and earth. Denge brought the World Cup for the first time in his country. The countries that will complete the candidature have not yet been revealed, but Greece and Egypt are the main options.

Nation World News Desk
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