REVIEW OF THE BOOK “CIRCUS MAXIMUS: THE ECONOMIC GAMBLE BEHIND HOSTING THE OLYMPICS AND THE WORLD CUP”
DOI:
https://doi.org/10.22456/1982-8918.57413Keywords:
Economics. Organization. Sports. Soccer.Abstract
This article is a critical review of Andrew Zimbalist’s book Circus Maximus. We found that revenues generated by mega-events are well below the amount spent to organize the Olympic Games and FIFA World Cup, especially in developing countries, due to requirements made by the International Olympic Committee (IOC) and the International Football Association (FIFA). We concluded that mega-events are bad deals for cities and countries that host those events.
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