Hosting World Cup games could be worth £200m to Liverpool

03 November 2009 03:00
HOSTING World Cup matches could be worth as much as £200m to Liverpool's economy, according to experts working on England's bid to hold the tournament in 2018.[LNB]The final touches are being put to Liverpool's bid to be a host city, with the last paperwork to be submitted to the FA on November 26.[LNB]But the city will have to spend between £10m and £15m to host World Cup matches, although it is hoped that up to £5m could be raised through sponsorship.[LNB]The use of lottery funding is also been looked at to help shoulder the cost.[LNB]The FA, Everton FC and Liverpool FC would also be expected to put money in.[LNB]The city's bid is based on two new stadiums for Liverpool and Everton, although a fallback option of using Anfield is also part of the proposal.[LNB]Officials believe Liverpool is well-placed because many other bid cities also need to build new stadiums.[LNB]A council report said: 'Many do not have Liverpool's extensive experience of hosting major football and other outdoor events.'

Source: Liverpool_Echo