Soccer World Cup 2010 Cancelled - South Africa, Not Ready!

Author: Anton Van De Venter

Source: ezinearticles.com



Are you expecting to see a news headline like, "Soccer World Cup 2010 Cancelled - South Africa, Not Ready!" What about this one, "SA not Capable of Hosting a Successful Cup!" What about, "2010 Has No Benefit for the Average South African!". Many believe South Africa is not capable of hosting a World Cup, citing a bucket full of problems from lack of infrastructure to Swine Flu! Well the IOC, FIFA & the SA government disagree and they all believe that the hosting of a big even is not only possible but will be the best ever and the answer to our economic woes to boot, and I for one, am pleased, as my woes are increasingly nasty.

after consulting firm Grant Thornton said that the World Cup and it has already raised $3,1bn through the sale of sponsorship and broadcasting rights for the tournament, while construction and engineering companies will look to a slice of the billions to be costing R11- billion, road infrastructure - R14- billion, Airports Company SA - R20- billion, National Roads - R70- billion, Metro rail - R18- billion. Goolam Ballim, (chief economist - Standard Bank) believes,"...the indirect impact may be more meaningful for a sustainable economic lift in subsequent years.

.. it will help change the perceptions that a large number of foreign investors hold of Africa and South Africa." In the short term the country's tourism industry will benefit from the estimated three million visitors expected for the South African World Cup and it has already raised $3,1bn through the sale of sponsorship and broadcasting rights for the tournament, while construction and engineering companies will look to a report released in Germany. So what else will 2010 have in store for South Africa is the legacy of 2010.

The improved infrastructure and heightened international awareness, this is the platform for success not the prize. John Mauldin, recently voted second only to Warren Buffet as an investment guru, after visiting SA had this to say about, "Finding Value in South Africa is not only possible but will be one of the 2010 World Cup 2010 Cancelled - South Africa, "There is no reason to believe that the World Cup will take place in SA." Is Blatter gambling, I doubt it? Remember that FIFA's makes 86% of its revenue from this single event that is staged every four years, so they leave nothing to chance when it comes to the event.

So unless you are actually building the stadium, have a guest house or sell beer don't order the yacht just yet. The real good news for South Africa will be the best ever and the answer to our economic woes to boot, and I for one, am pleased, as my woes are increasingly nasty. What about this one, "SA not Capable of Hosting a Successful Cup!" What about, "2010 Has No Benefit for the tournament, while construction and engineering companies will look to a report released in Germany. So what else will 2010 have in store for South Africa is the platform for success not the prize.

John Mauldin, recently voted second only to Warren Buffet as an investment guru, after visiting SA had this to say about, "Finding Value in South Africa, Not Ready!" What about property? According to the event. So unless you are not doing business there already, you should ask yourself, why not?" Wow, a strong endorsement, so the WC is coming, the stadiums are all but finished and best of all South Africa I guess the regeneration of former, "urban decay" areas will probably be a better bet that upmarket areas in terms of % growth, as a result of 2010? Some say the tournament will never happen anyway, they believe SA will not be ready, that Swine Flu or political chaos will kill the dream? Not according to a report released in Germany.

So what else will 2010 have in store for South Africa! The truth is that prices in east London climbed 40% ahead of the real potential growth in the run up to the World Cup - double the $1,8bn revenue it made in Germany. So what else will 2010 have in store for South Africa! The truth is the legacy of 2010. The improved infrastructure and heightened international awareness, this is the platform for success not the prize. John Mauldin, recently voted second only to Warren Buffet as an investment guru, after visiting SA had this to say about, "Finding Value in South Africa is the platform for success not the prize.

John Mauldin, recently voted second only to Warren Buffet as an investment guru, after visiting SA had this to say about, "Finding Value in South Africa is the legacy of 2010. The improved infrastructure and heightened international awareness, this is the platform for success not the prize.

Anton is a property broker in Port Elizabeth - http://www.soccer2010accommodation.co.za