America’s Cup hosting: The true cost to New Zealand revealed - News Summed Up

America’s Cup hosting: The true cost to New Zealand revealed


It has been claimed Barcelona could benefit by more than $2 billion from Emirates Team New Zealand taking its defence of the America’s Cup to Spain. Paul Lewis is a veteran sports journalist who has written four books and covered Rugby World Cups, America’s Cups, Olympic & Commonwealth Games and more. OPINIONYou’ll excuse me if I belly laugh at the news that Barcelona will benefit to the tune of more than $2 billion from the upcoming America’s Cup. So it goes – football and rugby World Cups, Olympics and America’s Cups all make a great deal less than claimed; nearly all lose money. The consultants said the previous World Cup had been watched by more than 4 billion people in 238 countries.


Source: New Zealand Herald June 11, 2024 22:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */