Research on the Impact of Large-scale Sports Events on the Economy of the Host City

Nowadays, sports events are becoming increasingly popular with people, and large-scale sports events are often held all over the world. This study aims to explore the role of large-scale sports events in promoting host citys economic development, taking the FIFA world cup as an example. The research motivation stems frominterest in the potential impact of sporting events on host countries' economies. This article adopts the method ofliterature review and collects primary and secondary materials to conduct an in-depth analysis of previouscases of holding large-scale sports events and their post-match utilization. Large-scale sports events can not only drive growth in various fields such as tourism, catering, and retail, but also enhance a city's image and popularity. However, these advantages often come with substantial financial risks, as cities may face budget overruns and underwhelming attendance. Furthermore, environmental considerations play a crucial role in shaping sustainable practices for future events. By analyzing both positive and negative outcomes, this study aims to provide a comprehensive understanding of how hosting major sports events can shape the economic landscape of cities and contribute to their long-term growth.