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[bjaelke]

Per Week

Qatar is spending almost $500m (£400m) a week on major infrastructure projects as it prepares for the 2022 Fifa World Cup, its finance minister has said.

Ali al-Emadi expected spending to continue at that level for three to four years as new stadiums, motorways, rail links and hospitals are built.

More than $200bn (£160bn) will be spent in total by the gas-rich emirate.

But Mr Emadi denied that the plans would make the 2022 tournament the most expensive World Cup yet.

The 2014 World Cup in Brazil is reported to have cost $11bn (£8.8bn) to host, while Russia increased government spending on the 2018 World Cup by $321m to $10.7bn.

http://www.bbc.com/news/world-middle-east-38905510

 

[m_shortpants]

So fucking stupid. Meanwhile, people around the world are starving.

This world...

 

[VendettaRed07]

Yet apparently they couldn't "afford" air conditioned stadiums

 

[Kolx]

Does the country have no infrastructure at all? Qatar is a small country how would you even be able to spend this amount of money?

 

[Lexxism]

Did I read that correctly? $200b total? Wtf?

 

[cruets]

can't wait to see the super drone shade makers

https://www.youtube.com/watch?v=-NH-6Nhu4s0

 

[ChemicalCutthroat]

Does the country have no infrastructure at all? Qatar is a small country how would you even be able to spend this amount of money?

Oil.

 

[vivekTO]

I came into the thread to type "only" than i see the "Per week"
Mind blown!!!

 

[gutter_trash]

so dumb, so many countries already have stadiums built and infrastructure built, USA should have gotten it instead

stupid oil money

 

[Ozigizo]

So fucking stupid. Meanwhile, people around the world are starving.

This world...

Their workers, building these facilities, are starving. You don't need to look very far.

 

[Ogodei]

Figured their abused Indian/Filipino migrant workers would "work" for less than that.

I'm all for diversity of venues in global sporting events, but this is just disgusting.

 

[Smellycat]

Absolutely disgusting

 

[Malreyn]

I don't understand why any country would want to host the world cup or Olympics if it costs more to build infrastructure (which will never be used again) than the revenue they'll make from it

 

[BahamutPT]

It has also cost more than 1000 lives so far according to a (disputed) report.

 

[liquidtmd]

But Mr Emadi denied that the plans would make the 2022 tournament the most expensive World Cup yet.

Fucking loolllllllllll

 

[victreeb3l]

Will they put whatever theyre building to use after the events? Like roads, buildings, etc. Because otherwise its fucking stupid.

 

[jelly]

They have more money than sense and morals. Fuck them. Hope it's the biggest sporting event failure in history and nobody turns up.

 

[Ruruja]

Fucking loolllllllllll

Probably explains why they're spending $500m a week if they're that bad at maths.

 

[Tugatrix]

Cancel it, cancel it, cancel it

 

[The Incarnation]

so dumb, so many countries already have stadiums built and infrastructure built, USA should have gotten it instead

stupid oil money

Ha, the US isn't getting anything for a long while.

 

[Deadbeat]

How much of that 500 million going directly to FIFA?

 

[Fergie]

£160 billion.

What the fuck.

 

[JayTapp]

Cancel it, cancel it, cancel it

Better, boycott it. But the federations don't have the balls ( hehe ) to do it.

 

[gutter_trash]

I don't understand why any country would want to host the world cup or Olympics if it costs more to build infrastructure (which will never be used again) than the revenue they'll make from it

well, if you already have stadiums, hosting the World Cup is no big deal.

Like 2018, Russia used oil money to win the bid. It could have been England (who have newer and more stadiums already built), it could have been Spain+Portugal joint (who modern stadiums already builty)
but lol, Russia go it.

same for 2022. USA was going to get it but Qatar greased everyone with money.
But lol, Qatar has no stadiums

 

[Oberon]

Why even host it then? Is it even worth it?

 

[Frozenprince]

And yet almost all of the infrastructure is being built by slaves.

So most of this is being pocketed by corrupt politicians and corporate interests.

Ugh.

 

[DirtyManos]

so dumb, so many countries already have stadiums built and infrastructure built, USA should have gotten it instead

stupid oil money

I doubt we'll be getting any major international events coming our way in the next four years.

Really sucks because I wanted the Olympics in LA, but Trump has basically cost us that. Fuck.

 

[gutter_trash]

I doubt we'll be getting any major international events coming our way in the next four years.

Really sucks because I wanted the Olympics in LA, but Trump has basically cost us that. Fuck.

if Putin can get a Worldcup...

 

[Bruce Springsteen]

And what will they do with the empty stadiums afterwards?

 

[R10Neymarfan]

so dumb, so many countries already have stadiums built and infrastructure built, USA should have gotten it instead

stupid oil money

If some sort of travel ban gets reinstated we aren't getting any world event for a while

 

[Reverend Funk]

I'd expected lower what with all the slave labor being used

 

[Frozenprince]

And what will they do with the empty stadiums afterwards?

Make them slums.

 

[HStallion]

500 million A WEEK? Jesus Tap Dancing Christ that is such a ludicrous amount of money.

 

[Linkura]

Initially read it as $500m total.

$500m per WEEK?!?! Holy shit! Fuck FIFA and fuck Qatar.

 

[Ninja Scooter]

Meanwhile the USA has like 20 perfectly capable stadiums just waiting to be used. Stupid fucking FIFA.

 

[Lovely Salsa]

These idiots sure dont know what to do with all that money


So much money wasted

 

[Frozenprince]

FIFA execs are over the moon right now. Can you imagine how much graft that is?

 

[The Incarnation]

500m a week.

Share that out and the slaves would build the stadiums for free.

 

[jtb]

Absolutely disgusting. If the only semi-corrupt heavyweights like the FA and FFF had any sense of dignity, they'd refuse to compete in it.

The USMNT certainly shouldn't.

Meanwhile the USA has like 20 perfectly capable stadiums just waiting to be used. Stupid fucking FIFA.

Don't mistake this for stupidity. This is deliberate corruption and human exploitation.

 

[Roland_Gunner]

I'm calling BS on these numbers. Qatar's entire GDP is like $160B per year. No one is spending 15 months of their national economic activity on a soccer tournament. Its impossible.

https://en.wikipedia.org/wiki/Economy_of_Qatar

 

[ArkhamFantasy]

I'm confused, what does qatar get out of this? Theres no way they are making that money back.

 

[Jezbollah]

I'm calling BS on these numbers. Qatar's entire GDP is like $160B per year. No one is spending 15 months of their national economic activity on a soccer tournament. Its impossible.

https://en.wikipedia.org/wiki/Economy_of_Qatar

I think you might underestimate how seriously the people of Qatar take the World Cup..

 

[Bruce Springsteen]

I'm confused, what does qatar get out of this? Theres no way they are making that money back.

Being on a global stage


When you're swimming in "unlimited" oil, money is no object

 

[Lovely Salsa]

I'm confused, what does qatar get out of this? Theres no way they are making that money back.

Show off the wealth

 

[Condom]

I'm calling BS on these numbers. Qatar's entire GDP is like $160B per year. No one is spending 15 months of their national economic activity on a soccer tournament. Its impossible.

https://en.wikipedia.org/wiki/Economy_of_Qatar

This. Either they are talking crap or this whole WC joke is a way for the elite to deprive the state of money and enrich themselves even further.

 

[Trojita]

I think they added an extra 0. Make the number sound normal and they are spending 9 billion more than Russia and Brazil did.

 

[liquidtmd]

This. Either they are talking crap or this whole WC joke is a way for the elite to deprive the state of money and enrich themselves even further.

The latter is more perversily probable

 

[jtb]

I'm calling BS on these numbers. Qatar's entire GDP is like $160B per year. No one is spending 15 months of their national economic activity on a soccer tournament. Its impossible.

https://en.wikipedia.org/wiki/Economy_of_Qatar

They only have a population of 2 million, and a huge portion of that is made up of migrant workers who are residing in Qatar for the sole purpose of preparing for the games. These giant infrastructure projects are their non-energy economy.

The numbers are obscene, but that isn't really sufficient to reject them on face, given the context of the situation.

 

[jelly]

Shame on anyone who goes there.

 

[ShyMel]

And then once the World Cup is over, those stadiums built by thousands of workers who have had their rights taken from them, effectively making them slaves, will never be used again. And there have already been worker deaths and unfortunately, more will continue to die.