On the global scale of sports loving countries, football isn’t usually at the top. Surprisingly, Qatar, which became the first Middle East country to win the right to host a FIFA World Cup, also has a full fledged love for soccer. Qatar is ready for the FIFA World Cup 2022. The country has already built or renovated nine stadiums that can accommodate tens of thousands of fans.
The World Cup 2022 Will Be Held In Qatar
The love of football in Qatar is not new. Even before Qatar was awarded the FIFA World Cup, soccer or football has been in the heart and soul of Qatari men and boys. The country has a long history of being represented by international teams, namely the UAE team, as well as being represented at the World Cup by Japanese businessman and owner of FC Barcelona, Sheikh Al-Thani.
This month, the country achieved another milestone by becoming one of the few countries to be awarded the prestigious FIFA tournament.
The 2022 World Cup, which takes place in Qatar for the first time, will be quite a special one for many reasons. One of them is because it’s the first time the Middle East gets to welcome the FIFA World Cup. Not only that, but Qatar has stated that no animals would be harmed during the course of the games.
The world cup is a great opportunity for investments in Qatar
The 2022 FIFA World Cup is a remarkable opportunity for the country of Qatar. It might seem like the event is far away, but preparations for this colossal, global sports event have already begun. This is why all companies are looking forward to making their presence known at the World Cup.
Everyone knows that Qatar has put a lot of money into infrastructure and this includes building stadiums for the 2022 FIFA World Cup. Media coverage on this has been mixed, with some people dismissing the investment as unnecessary while others believe the country’s economy will do better because of it.
Many of us have doubts regarding the influence of this sport on our lives, but I dare you to reconsider. Let me explain a little bit: The world cup changes the priorities of businesses and brands, motivating them to reinvest their capital in new marketing contracts to boost sales. Moreover, these important sports events have a general positive influence on the economy.
What will FIFA want from Qatar in 2022?
There is a lot of uncertainty around the 2022 World Cup in Qatar. Some are concerned with the working conditions faced by workers building the country’s infrastructure, others question whether it will even happen at all.
What’s your input? Are you expecting Qatar to be punished like no other country in FIFA history (i.e., not being allowed to host the World Cup)? Or do you think other countries will bear the brunt of FIFA’s rage since the World Cup was moved and the tournaments were reschedule? Share your thoughts!
The Future of Qatar’s Economy After FIFA World Cup 2022
Qatar’s economy is set to be transformed when it hosts the FIFA World Cup in 2022. The country has invested heavily in its infrastructure to ensure it is ready to host the World Cup and deliver on experience for attendees. Qatar has invested a further $35 Billion in infrastructure to make the Middle East, and more specifically itself, more appealing to a wider audience.
Without a doubt, the World Cup is one of the most powerful sporting competitions on earth. It is estimated that it generates around $2.15 billion for the International Federation of Football Associations (FIFA) AND that’s before we add in money from TV rights, sponsorships and merchandising. But not only does it provide a major boost to FIFA’s finances will Qatar’s hosting rights worth $200 billion over 40 years when you add up the economic benefits.
To get to the bottom of this issue, we have to understand the context of Qatar’s economy and its needs for the future. As far as that is concerned, it seems that Qatar’s political and social entrepreneurship is a necessity if the country wants to be successful in 2022. If they don’t do this, they might expect the same amount of controversy that surrounded their win in the first place.