1b for 13 games, every single game will cost 82m …. why everything costs too much in Canada? low productivity? corruption ?
Ok-Collection-3117 on
And most of us will not be able to watch games because we are priced out! Great the Rich win again!
Still-Good1509 on
Lets pass on that one
DeanPoulter241 on
I can think of a BILLION different better and more effective ways to spend this BILLION hard earned tax dollars!
honk_incident on
Add increased police surveillance and equipment that are here to stay after the games on top of the monetary cost.
Old_General_6741 on
And how will the most of us benefit from this? I don’t see much.
Invelious on
Can Taxpayers stop paying for shit that doesn’t actually help them?
konathegreat on
Others benefit. We pay.
Business as usual.
LouisArmstrong3 on
Imagine if we came together as a country and just said “no” lol. Would be incredible
wrenchedups on
I naively assumed there would be a net financial benefit to Canadians. But unless you’re in a host city, nothing accrues to Canadians except expense.
Why would we do this?
maskedkiller215 on
We pay $1B and don’t see ANY of that money back.
Eat the rich
Dave-is-here on
festival of police overtime
Capital-E on
I’m so happy Montreal declined, they wanted us cancel all events for maybe 3 shitty matches
Ancient_Wisdom_Yall on
It works out to a million dollars per minute of soccer.
Kindly_Professor5433 on
So taxpayers are subsidizing one of the richest and most corrupt organizations in the world.
EvilDan69 on
I don’t want to be involved with an organization that sucks up to Trump like that.
2021_Username on
Why do we do this? Oh wait, for the rich.
Pogledaj on
Poor and middle class foot the bill for the rich to enjoy.
Yet they scream socialism/communism when we try to have society work for the under privileged.
The Uber rich need to go.
namotous on
What a waste!
That_Intention_7374 on
Guys, its only $25 per Canadian. Relax.
/s
I hate this metric that is used in this sub.
NH787 on
So FIFA is charging what, roughly a thousand bucks a ticket? (Assuming there are many tickets under a thousand bucks a pop, but also a good number of expensive VIP tickets pulling the average up)
So probably $30-$60 million gates for each game in Canada. Probably in the range of half a billion dollars of ticket revenue for FIFA for Canada’s 13 games, give or take.
So with that kind of money they are taking out of the pockets of fans, we STILL have to kick in a billion dollars on top of that?
Fuck are we stupid. We are getting robbed but because there’s a soccer trophy involved everyone just happily goes along with it.
Zer_ on
I’d rather that 1B go to local sports leagues like hockey clubs and soccer clubs. This is fucking dumb man, our local sports clubs are struggling and yet we fork 1B we’ll never get back to host some corrupt rich people’s only event. Imagine 1B going to sports leagues, it’d be an insane injection of equipment for our kids.
Bozar88 on
So regular people can’t afford the ticket but still got fleeced…
Purify5 on
The math is kinda crazy.
There’s only 680,000 tickets being sold in Canada for the World Cup and the average price is $1,000.
So even if all the money from the tickets went to the government (which none of it does) it wouldn’t cover all the costs.
shankeyx on
Personally I would rather that money go to our overcrowded hospitals, but I guess a few games of soccer are more important.
doodlebopwarrior on
That means we get a subsidy if we buy tickets right? Right???
BadstoneMusic on
We always get fleeced like this – but it’s a cool hang sesh for our ahole politicians and the international jet set – at our expense again – this timeline is shyte
Nikiaf on
All this for a bunch of early tournament qualifiers. What a hilarious waste of money.
asdqwrrt on
I need someone responsible to provide an accurate breakdown of where this money is going.
This is a ridiculous amount of money considering WE DID NOT BUILD ANYTHING for this World Cup.
Winter8Bones on
Naturally it’s complicated and complex but considering I’ve seen estimates of around $3-4billion in revenue being generated this is still probably a good investment for the country. I was around for the 2010 Olympics and there was lots of controversy over the spending as well, as yes it wasn’t perfect and didn’t work out well for absolutely everyone, but the city badly needed a lot of that infrastructure investment and I think it really benefited the city in the long run.
xNOOPSx on
That is only the Federal costs. Tax payers will also be covering the Provincial and Municipal costs, so the true number is probably at least 2x higher – if not more.
Ausfall on
Imagine if all that money was spent on things taxpayers actually care about.
notacanuckskibum on
I really don’t get why it’s going to cost that much. The games aren’t much bigger than a CFL game, or a Sky dome concert. why can’t we handle the crowds the same way we routinely handle those?
BreezyNate on
This kind of headline seems deeply misleading – the more important question how much does the Canadian economy get from hosting the games ?
Important_Garden_561 on
We’re not even hosting. We’re helping with overflow
SurfSnow06 on
A billion dollars would pay for a lot; Doctors, Nurses, Teachers, mental health facilities, veterans benefits……..what a grotesque waste of our money.
treple13 on
It’s nice that after all we’re spending, we at least get a few games in prime time or weekend time slot….well okay, at least there’s one…
…so we have ALL our games on weekday afternoons???
infinitumz on
They could save $3-4 billion by not making federal employees commute into the office every day and sell off the real estate portfolio.
unidentifiable on
What’s the expected net revenue though? There’ll be a jump in tourism, travel, hotel, and restaurant income, of which the government gets a cut.
So the real question is – we spend $1B, do we get $2B back? or $0.5B?
And honestly even if it’s the latter, $500M is not a lot of money, it works out to like…$1 per person.
madhi19 on
Watch the Habs win the cup around the week of the games, and nobody in Canada give a fuck about soccer… loll Because when you look at the schedule that’s completely possible.
SaysWowLots on
I’m just kind of curious, are these net new costs? Like when they discuss policing and security, it’s not as though 1,000 new officers are hired and paid for the duration of the games, isn’t it just the allocated cost of the existing police force whose salary is already in the city’s budget? In other words it’s not a new cost that is incremental to existing expenses, it’s more the calculated cost or proportion of existing expenses. I think the net financial impact ultimately will depend on how much money comes into Canada from outside the country, through visitors flying here, paying airport fees, staying at hotels, shopping, and eating out. I also hadn’t heard that 100% of the gate revenue goes to FIFA before. Hopefully there’s a percentage that goes to the arena owner (which in the case of Vancouver is PavCo, a government crown corporation) to offset operating costs. I suppose 100% of concession revenue goes to the arena owner, so that’s a plus.
no1kat on
But what is the potential return?
Sylphfury92 on
I love the people comparing Olympics to the WC, you’re like comparing the size of an ant to an Elephant. It’s not in the same league. People in this sub have no idea the pull WC has as if the city business/hospitalities/transportation/etc won’t benefit.
foetus_on_my_breath on
Can’t wait for my Fifa settlement e-transfer in a couple of years!
PlaneGoFlyFly on
We shouldn’t have to pay a dime for this type of shit. Unbeileveable.
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1b for 13 games, every single game will cost 82m …. why everything costs too much in Canada? low productivity? corruption ?
And most of us will not be able to watch games because we are priced out! Great the Rich win again!
Lets pass on that one
I can think of a BILLION different better and more effective ways to spend this BILLION hard earned tax dollars!
Add increased police surveillance and equipment that are here to stay after the games on top of the monetary cost.
And how will the most of us benefit from this? I don’t see much.
Can Taxpayers stop paying for shit that doesn’t actually help them?
Others benefit. We pay.
Business as usual.
Imagine if we came together as a country and just said “no” lol. Would be incredible
I naively assumed there would be a net financial benefit to Canadians. But unless you’re in a host city, nothing accrues to Canadians except expense.
Why would we do this?
We pay $1B and don’t see ANY of that money back.
Eat the rich
festival of police overtime
I’m so happy Montreal declined, they wanted us cancel all events for maybe 3 shitty matches
It works out to a million dollars per minute of soccer.
So taxpayers are subsidizing one of the richest and most corrupt organizations in the world.
I don’t want to be involved with an organization that sucks up to Trump like that.
Why do we do this? Oh wait, for the rich.
Poor and middle class foot the bill for the rich to enjoy.
Yet they scream socialism/communism when we try to have society work for the under privileged.
The Uber rich need to go.
What a waste!
Guys, its only $25 per Canadian. Relax.
/s
I hate this metric that is used in this sub.
So FIFA is charging what, roughly a thousand bucks a ticket? (Assuming there are many tickets under a thousand bucks a pop, but also a good number of expensive VIP tickets pulling the average up)
So probably $30-$60 million gates for each game in Canada. Probably in the range of half a billion dollars of ticket revenue for FIFA for Canada’s 13 games, give or take.
So with that kind of money they are taking out of the pockets of fans, we STILL have to kick in a billion dollars on top of that?
Fuck are we stupid. We are getting robbed but because there’s a soccer trophy involved everyone just happily goes along with it.
I’d rather that 1B go to local sports leagues like hockey clubs and soccer clubs. This is fucking dumb man, our local sports clubs are struggling and yet we fork 1B we’ll never get back to host some corrupt rich people’s only event. Imagine 1B going to sports leagues, it’d be an insane injection of equipment for our kids.
So regular people can’t afford the ticket but still got fleeced…
The math is kinda crazy.
There’s only 680,000 tickets being sold in Canada for the World Cup and the average price is $1,000.
So even if all the money from the tickets went to the government (which none of it does) it wouldn’t cover all the costs.
Personally I would rather that money go to our overcrowded hospitals, but I guess a few games of soccer are more important.
That means we get a subsidy if we buy tickets right? Right???
We always get fleeced like this – but it’s a cool hang sesh for our ahole politicians and the international jet set – at our expense again – this timeline is shyte
All this for a bunch of early tournament qualifiers. What a hilarious waste of money.
I need someone responsible to provide an accurate breakdown of where this money is going.
This is a ridiculous amount of money considering WE DID NOT BUILD ANYTHING for this World Cup.
Naturally it’s complicated and complex but considering I’ve seen estimates of around $3-4billion in revenue being generated this is still probably a good investment for the country. I was around for the 2010 Olympics and there was lots of controversy over the spending as well, as yes it wasn’t perfect and didn’t work out well for absolutely everyone, but the city badly needed a lot of that infrastructure investment and I think it really benefited the city in the long run.
That is only the Federal costs. Tax payers will also be covering the Provincial and Municipal costs, so the true number is probably at least 2x higher – if not more.
Imagine if all that money was spent on things taxpayers actually care about.
I really don’t get why it’s going to cost that much. The games aren’t much bigger than a CFL game, or a Sky dome concert. why can’t we handle the crowds the same way we routinely handle those?
This kind of headline seems deeply misleading – the more important question how much does the Canadian economy get from hosting the games ?
We’re not even hosting. We’re helping with overflow
A billion dollars would pay for a lot; Doctors, Nurses, Teachers, mental health facilities, veterans benefits……..what a grotesque waste of our money.
It’s nice that after all we’re spending, we at least get a few games in prime time or weekend time slot….well okay, at least there’s one…
…so we have ALL our games on weekday afternoons???
They could save $3-4 billion by not making federal employees commute into the office every day and sell off the real estate portfolio.
What’s the expected net revenue though? There’ll be a jump in tourism, travel, hotel, and restaurant income, of which the government gets a cut.
So the real question is – we spend $1B, do we get $2B back? or $0.5B?
And honestly even if it’s the latter, $500M is not a lot of money, it works out to like…$1 per person.
Watch the Habs win the cup around the week of the games, and nobody in Canada give a fuck about soccer… loll Because when you look at the schedule that’s completely possible.
I’m just kind of curious, are these net new costs? Like when they discuss policing and security, it’s not as though 1,000 new officers are hired and paid for the duration of the games, isn’t it just the allocated cost of the existing police force whose salary is already in the city’s budget? In other words it’s not a new cost that is incremental to existing expenses, it’s more the calculated cost or proportion of existing expenses. I think the net financial impact ultimately will depend on how much money comes into Canada from outside the country, through visitors flying here, paying airport fees, staying at hotels, shopping, and eating out. I also hadn’t heard that 100% of the gate revenue goes to FIFA before. Hopefully there’s a percentage that goes to the arena owner (which in the case of Vancouver is PavCo, a government crown corporation) to offset operating costs. I suppose 100% of concession revenue goes to the arena owner, so that’s a plus.
But what is the potential return?
I love the people comparing Olympics to the WC, you’re like comparing the size of an ant to an Elephant. It’s not in the same league. People in this sub have no idea the pull WC has as if the city business/hospitalities/transportation/etc won’t benefit.
Can’t wait for my Fifa settlement e-transfer in a couple of years!
We shouldn’t have to pay a dime for this type of shit. Unbeileveable.