As the World anticipates the most watched sporting event scheduled to begin on Sunday, the organiser, FIFA, and the host country, Qatar have perfected plans to host the most expensive sporting event in the world so far.
Investors King learnt that the government of Qatar is spending a sum of $220 billion to host the three weeks event which will kick start in three days with an opening match between the host country, Qatar, and Ecuador at the 60,000-capacity Al Bayt Stadium.
The last world cup which was held in 2018 and hosted by Russia was valued at $11.6 billion. This represents an increase of about 1800%.
Although the host country, Qatar built a new city, new airports, and new stadiums to host the event, observers however opined that the sum expended toward the event is unnecessary and flamboyant.
Ahead of the event, it was learnt that a number of participating countries have arrived in the Middle East country.
The United States and Australia are the first teams to arrive for this year’s edition of the FIFA world cup.
It could be noted that Qatar is the first country in the middle east to host the world cup event while it is the smallest country so far to ever host the world football event.
Meanwhile, to host a hitch-free event, Qatar has partnered with some countries to ensure utmost security at the sporting event which is expected to attract about 1.6 million visitors.
Thirteen countries, including the U.S., UK, Turkey, France, Germany, and Pakistan, are sending security personnel to Qatar to bolster security at the World Cup tournament.
The United Kingdom has pledged to send its Royal Navy and Royal Air Force to help secure the sea and air bases during the World Cup.
Pakistan has sent 500 armed soldiers, Turkey is sending 3,000 riot police officers while the United States Forces have also landed in Doha ahead of the opening event on Sunday.