Between what has been invested and the direct revenue, can South Africa have a loss of approximately EUR 750 million with the 2010 World Cup.
Still, the president of South Africa, Jacob Zuma,wants his country to the race for the Olympic Games in 2020.
There are a total of 10 stadium in nine cities, four of them renovated and six specially built for the World Cup, some of them in cities that do not have a team of top flight football or rugby. "Some of these stages simply not able to cover the costs. In this sense they are losing money," said in the past months, the Daily Mail & Guardian, the economist Stan du Plessis, University of Stellenbosch.
The South African government has invested about 2.6 billion dollars in the World Cup stadiums, two of them in small towns of Nelspruit and Polokwane, to just four games in the group stage, an unreasonable burden for many analysts.
According to them, what they intend to do is to organize a schedule of activities such as concerts or sporting events, monetize the building. Cape Town now has a spectacular stadium, which cost more than $ 400,000,000.
In turn, Port Elizabeth stadium, which is known by the premiere game of Portugal and the Ivory Coast (0-0) ,cost 160 million dollars and no one knows what is its future after the World Cup. However, the city is considering attract some professional team to take their seat.
According to Stan du Plessis, the only stadium in Durban and Soweto, Soccer City, will be long-term profitable.
The calculations were presented on Friday by Finance Minister of South Africa
