The model of financing of Euro 2012 in Poland and in other UEFA European Championships hosts – comparative analysis

Ferrir, Richard (2015): The model of financing of Euro 2012 in Poland and in other UEFA European Championships hosts – comparative analysis.

Abstract

The most significant value added by Euro 2012 is undoubtedly the infrastructural changes. The event became a catalyst for the execution of more than two hundred projects for an amount of ca. PLN 100 billion. This paper focuses on the key projects, including above all the road construction projects, as well as those connected to road and rail infrastructure. Considering such significant outlays, the funding the preparation, particularly in a division into private and public sources, becomes an especially important issue. It is the predominant commitment of public funds that creates the need to justify their allocation, chiefly in the case of the sports venues, usually utilised by private sports clubs after the end of the event. Euro 2012 has been compared in this respect with other events of this rank, staged in Europe since the beginning of the 21st century.

• Item Type: MPRA Paper
• Language: English
• Keywords: Euro 2012, mega sporting event
• Subjects: G - Financial Economics > G1 - General Financial Markets > G14 - Information and Market Efficiency ; Event Studies ; Insider Trading

References

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