Rugby World Cup will leave France with a profit of $800 Million

Rugby World Cup will leave France with a profit of $800 MillionThe competition, which will take place between September and October of this year, will be profitable for the European country. Up to 600,000 visitors are expected in the country. In addition, around 17,000 jobs are expected to be preserved.

The Rugby World Cup, which will be played in France between September 8 and October 28 of this year, will earn the European country €800 million, with almost 50% of the income from ticket sales.

The president of the GIP (Public Interest Group) France 2023, Jacques Rivoal, said: “The World Cup will be profitable. The financial result is certain and our reference is the 2015 World Cup in England, where the contexts were quite similar. , or even that of 2007 when it was also organized in France”.

A World Cup is also a boost to the local economy. In fact, up to 600,000 foreign visitors across the country are expected to follow the 48 matches of the competition in the nine stadiums that will host the tournament.

But not everyone will attend the matches, so the “Rugby Villages”, fan zones, bars and restaurants, and hotels, will benefit from the event during a summer season that will last until October, said Rugbyrama.

Also, 17,000 jobs should be supported or preserved thanks to the event. A range of around €400 million is mentioned in spending for the organization of the World Cup. Two-thirds are reserved for the organization of the event, the rest will be donated to World Rugby.

The World Cup will begin at the Stade de France with the opening match between France and New Zealand. Les Bleus are among the favourites for the supreme title, which would be the first for French rugby union since the first World Cup in 1987.

More: When and where the Rugby World Cup 2023 is played

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