Economy impact of World Cup in host countries revealed. Which country earned most ?
World Cup 2023 Earnings: Check the economic revenue for each country in World Cup 2023, revealing the tournament's impact on their economies.
Crickate
The ODI Cricket World Cup 2023 will begin in a matter of days, and the participating teams have already arrived in the host nation. Meanwhile, the International Cricket Council (ICC), the supreme cricket governing body, has disclosed the quantity of money that participating nations' economies will receive during the duration of the mega event.
Economy impact of World Cup in host countries
Australia and New Zealand (2015) - 2,886cr
United Kingdom (2019) - 3,727cr
India (2023) - 13,318cr
According to The Economic Times, the Indian economy will receive a staggering Rs 13,318 crores as part of its fiscal revenues as a result of the cricket extravaganza. Consequently, the commercialization of the game has unquestionably reached new heights, with the aforementioned nations experiencing the greatest economic boost.
ICC announces prize money for winners and runners-up
The International Cricket Council (ICC) recently announced the prize money for the impending ODI World Cup 2023. The total reward pool is worth a grand total of $10,000,000. Obviously, the winner will receive the largest share, which totals $4,000,000 USD. The runner-up and two additional semifinalists will each receive $2,000,000 and $1,600,000, respectively.
Speaking further of the marquee tournament, the first game will be hosted at the Narendra Modi Stadium in Ahmedabad on October 5, wherein, the finalists from the 2019 edition, England and New Zealand will square off in the curtain raiser. On October 14, the same venue will host a match between archrivals India and Pakistan. Teams have already arrived in India and are anxious to put on a show during the 45-day competition.
