Deloitte report reveals benefits of hosting Rugby World Cup
The Rugby World Cup (RWC) has the potential to generate over £2 billion in economic impact for the host country according to a report by the Sports Business Group at Deloitte, the business advisory firm.
The report, commissioned by Rugby World Cup Limited (RWCL), assessed the potential economic impact of the Rugby World Cup. Key findings include:
Dan Jones, Partner in the Sports Business Group at Deloitte, commented: “The announcement in August 2008 that ten nations had expressed an interest in hosting the Rugby World Cup in 2015 and 2019 demonstrates the global prestige associated with this event.
“Deloitte’s analysis confirms that the Rugby World Cup has the potential to deliver a very significant economic benefit to a Host Nation and, for a number of countries, this can be achieved without the large scale infrastructure development which can introduce increased cost and financial uncertainty to the hosting of a major sporting event.
“The figures from the Deloitte report highlight how important the high numbers of visitors, and particularly international visitors, are to the event, since spending by these individuals during their stay also directly drives sales tax revenues for the government.”
The full report is available to download from Deloitte’s website here: www.deloitte.co.uk/sportsbusinessgroup
Note to editors:
About the Sports Business Group at Deloitte
Over the last 15 years Deloitte has developed a unique focus on the business of sport. Our specialist Sports Business Group offers a multi-disciplined expert service with dedicated people and skills capable of adding significant value to the business of sport. Whether it is benchmarking or strategic business reviews, operational turnarounds, revenue enhancement strategies or stadium/venue development plans, business planning, market and demand analysis, acquisitions, due diligence, expert witness, audits or tax planning; we have worked with more clubs, leagues, governing bodies, stadia developers, event organisers, commercial partners, financiers and investors than any other adviser.
For further information on our services you can access our website at www.deloitte.co.uk/sportsbusinessgroup
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