Euro 2016 generated 1.2 billion-euro boost for France

FILE - In this Sunday, July 10, 2016 file photo, Portugal's Cristiano Ronaldo celebrates with the trophy at the end of the Euro 2016 final soccer match between Portugal and France at the Stade de France in Saint-Denis, north of Paris. Cristiano Ronaldo is one of the nominees for FIFA's world's best player award on Monday Jan. 9, 2017. (AP Photo/Frank Augstein, File)

France says that organizing the European soccer championships last summer provided an economic boost worth 1.2 billion euros ($1.26 billion) to the economy

PARIS — France says that organizing the European soccer championships last summer provided an economic boost worth 1.2 billion euros (currently $1.26 billion) to the economy.

According to figures from the Centre for Law and Economics of Sport, the continental soccer tournament attracted 2.5 million fans in stadiums as well as 600,000 visitors from abroad.

The study said that hosting the Euro 2016 also generated 74.3 million euros in extra fiscal revenue for the state.

With France also bidding for the 2024 Olympics, sports minister Patrick Kanner told a news conference Tuesday that hosting big sporting events is "an opportunity."

A study by the same institute estimates that hosting the Olympics in Paris could generate 10.7 billion euros in economic benefits and create more than 250,000 jobs in the French capital region.

Related News

Facing tax vote in Senate, Trump seizes on cultural fights

Nov 29, 2017

President Donald Trump is facing a momentous Senate vote on his tax overhaul and a crush of December deadlines

Police: Brady's missing Super Bowl jerseys tracked to Mexico

Mar 20, 2017

Police: Brady's missing Super Bowl jerseys tracked to Mexico

Former FIFA official Valcke appeals 10-year soccer ban

Feb 28, 2017

Former FIFA official Jerome Valcke has appealed to the Court of Arbitration for Sport to overturn his 10-year ban from soccer

You may also like these

Facing tax vote in Senate, Trump seizes on cultural fights

Nov 29, 2017

President Donald Trump is facing a momentous Senate vote on his tax overhaul and a crush of December deadlines

Police: Brady's missing Super Bowl jerseys tracked to Mexico

Mar 20, 2017

Police: Brady's missing Super Bowl jerseys tracked to Mexico

Former FIFA official Valcke appeals 10-year soccer ban

Feb 28, 2017

Former FIFA official Jerome Valcke has appealed to the Court of Arbitration for Sport to overturn his 10-year ban from soccer

SukanKini focuses on the nation’s favorite sports and local leagues and the rivalry between our teams with other players across South East Asia and even all over the world.

Contact us: sales@sukankini.com

Automobile Racing Badminton Bowling Boxing Canoeing And Kayaking Field Hockey Football Hockey Motorcycle Racing Racquetball Soccer Press