FIFA Could Make Billions From the World Cup. Host Cities Will Get Little in Return. (www.propublica.org)
from technocrit@lemmy.dbzer0.com to losangeles@lemmy.world on 03 May 15:37
https://lemmy.dbzer0.com/post/68192538

• Lopsided Contracts: Experts say World Cup contracts lock host cities out of prospective revenues more than ever, leaving FIFA with a larger share of the revenue.
• Texans on the Hook: A Texas taxpayer-funded program helps cover costs, but the state struggles to calculate whether there is a benefit.
• Lacking Transparency: Many cities have fought the release of their contracts with FIFA. Those that are public have key cost and revenue information redacted.

#losangeles