The body of literature analysing the impacts of mega-sport events has grown considerably over recent years. The majority of academic studies have concluded that the tangible revenues generated in the host region tend to be quite moderate compared to the investments (Baade & Matheson, 2002, 2004; Billings & Holladay, 2012; Du Plessis & Manning, 2010; Feddersen & Maennig, 2013; Porter, 1999;
... [Show full abstract] Spilling, 1998; Solberg & Preuss, 2007; Teigland, 1999; Tien et al., 2011; Zimbalist, 2011). Although event revenues can be substantial, a large proportion of them are usually transferred back to the governing organizations (such as FIFA): in particular when it comes to FIFA which generated US$2.35 billion1 from the 2010 World Cup in South Africa. This exceeded the costs of all venues, amounting to $2.07 billion (Audit & Molloy, 2013).