Euro 2012 will bring billions of euros of losses?

Sports & RecreationsSports

  • Author Danny Red
  • Published March 13, 2012
  • Word count 347

Ukraine will lose from 6-8 billion dollars on organizing Euro 2012 European Football Championships. Experts claims that championships will not bring even profits in the long term.

Total costs in Ukraine could reach $ 14 billion. Euro 2012 will generate a loss of about 6-8 billion dollars. Long distances between cities and poor communication infrastructure does not encourage football supporters to visit Ukraine during the Euro 2012 tournament.

Euro 2012 European Football Championships are organized by both Poland and Ukraine in 2012.

Last report shows that Ukraine lost the chance to benefit from the championship by the economic crisis. Foreign investors were not willing to invest in travel services in Ukraine, because they were frightened by the situation on international markets.

Fans are less likely to travel. Nobody know how many people will visit Ukraine.

However, football fans will come from countries which are far less affected by economic crisis like England, France, Sweden, Germany, the Netherlands or Denmark.

For Polish, group stage draw wasn't too happy, because in Poland play poor or bankrupt countries: Spain, Italy, Ireland, Greece, Croatia, Czech Republic and Russia.

Due to Scandinavian report in case of playing their Euro 2012 games in Poland hundreds of thousands of Swedes could came to Euro 2012. Because the Swedes will play in Ukraine, 30 thousands of supporters declared to travel to Ukraine.

Meanwhile, the Ministry of Economy of Ukraine claims that thanks to the Euro 2012 Championships real economic growth will increase by 0.8 percent.

Major problem is lack of hotels. People from Lviv can see the positives aspects with the Euro 2012. Mainly in infrastructure. "Previously, there was a hole in the hole" one of Lvov citizen said.

But fans of teams playing their matches in Lvov in Ukraine are in good situation. Those are Germans, Danes and Portuguese. Lvov is situated 100 km from Polish border and 160 km from big city of Rzeszow with airport and cheap hotels. If they don't find accommodation directly in Lvov they can always live and sleep in Poland.

3-stars hotel room costs about 200 euros for 6 nights. This is normal price. In the cities hosting Euro 2012 matches prices are ten time higher.

Euro 2012 Fanzone made by fan to football fans: http://www.eurocup.org/

Informations about tickets, forum, football fans community and place where fans from all over the world could exchange their opinions.

Article source: https://articlebiz.com
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