Updated
Updated · The New York Times · Jul 21
New York-New Jersey World Cup Tops $2.1 Billion Impact With 640,000 Fans
Updated
Updated · The New York Times · Jul 21

New York-New Jersey World Cup Tops $2.1 Billion Impact With 640,000 Fans

3 articles · Updated · The New York Times · Jul 21

Summary

  • $2.1 billion in total economic impact and $1.2 billion in direct visitor spending were reported from the first five World Cup games in the New York-New Jersey region.
  • 640,000 fans attended the eight matches at MetLife Stadium, and the host committee said the tournament was on track to exceed its expectations as it neared its close.
  • Those expectations had been set at 1.2 million visitors and $3.3 billion in economic activity when officials first announced the region would host World Cup games.
  • Some experts still questioned the scale of the projections, saying the event clearly boosted the regional economy but the forecasts were too ambitious.
  • A final accounting has not yet been released, leaving the headline figures preliminary even as officials tout the tournament's payoff.

Insights

With FIFA earning billions, did New York and New Jersey actually lose money after hosting the World Cup?
If hosting the World Cup is a known financial trap, why do cities worldwide continue to compete for it?