It's all for tourist money rather than being nice to NZF U17 Organizing committee. The country gets massive tourism injection when event like this happens. So they tagged the funding amount as $1.5 million will get about maybe $12 million as the least expected return for the country during the whole event. $12 million that is GSTed at 12.5% will get the Government their $1.5 million back. Plus other spin offs includes the Government and country gets free advertising for tourism etc. With $1.5 million investment into $11.8 million tournament, the Government is already due to have immediate 12.7% investment return on the profits as soon as the tournament finishes.
So really, it all about economy stimulation and encouraging big organisations like FIFA to captalise on quality and cheap NZ venues to host tournament events.[/QUOTE]
You do realise this is a tournament of 16 year old girls? NO ONE CARES!! Tourism? What tourism!!
[QUOTE=AllWhitebelievr]Association Football is a big revenue cash cow and the stupid NZ government have been milking and growing the smaller and wrong cow i.e. Rugby Football. The potential is huge even for a small country such as ours. players can be developed, trained, imported and exported like any other commodity. And it is a larger global market than any other sports. You have to be daft not to recognise it's real value on the global scheme.
Sometimes you make some good points AWB but this is not one of them. No football club in NZ has ever received a transfer fee for a player, the game relies on lottery funding (i.e. it costs money to run football)...how could it ever be described as a potential government cash cow?? There is no profit, no tax, no professional football aside from the phoenix...and you try and compare that to Rugby?? Come on, wake up
james dean2008-10-07 23:32:23