In other words, you don’t do if for the money.
“The Brazilian World Cup is best understood as a party,” writes Simon Kuper for ESPN. “You don’t host a party to get rich. You do it to have fun, and Brazilians will have fun. Yet there’s something obscene about hosting an extravagant party in a country where millions of people need houses, electricity, doctors. That’s what bothered the protestors.”
Politics aside, there are measurable increases in happiness among a host nation’s citizens, according to Soccernomics. Not unlike the effect a good house party has on a host.
But you can still skimp on a party and have a good time. The problem is, I think the Olympics and FIFA always want a lavish party, even if the designated host can’t afford it.