To what extent do major sporting events boost, local, regional and national economies?

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To what extent do major sporting events boost, local, regional and national economies?

The term 'economic impact' used in isolation is interpreted in different ways in both short and long term. Therefore, UK sport has adapted the following definition within its major events strategy:

'The net economic change in a host community that results from spending attributes to a sports event or facility'. (Turco and Kelsey 1992)

For the purpose of this report I will use the following definitions:

Local Economy = Have or relating to a city, town, or district rather than a larger area that has economic effect.

Regional Economy = Have or relating to a large geographic region that has economic values.

National Economy = Of, relating to, or belonging to, a nation as a organised whole with economic issues.

I will look at how Major Sporting events within the U.K; boost the local, regional and national economy. I will use examples of sporting events held within the U.K and assess whether or not they have been beneficial to the local, regional and national areas.

A major sporting event, is an event that will affect a large region of