World NewsEuro 2008 Brings In Record Profits |
Euro 2008 organisers have claimed they hosted the best European Championships to date after UEFA announced the tournament generated record net profits of £197million.
Austria and Switzerland were commended for their organisation of the tournament, which also benefited from some entertaining football on the pitch."We set ourselves the challenge of organising the best European Championship final round," read a joint statement from Austrian Football Association president Friedrich Stickler, his Swiss counterpart Ralph M. Zloczower and Euro 2008 chief operating officer Martin Kallen.
"The results of studies and surveys show that we succeeded."
Income in all areas increased significantly to £1.02billion in comparison to the £671million raised from Portugal's staging of Euro 2004.
Some of the income will be used to fund youth and women's tournaments and the rest will be distributed among UEFA's 53 member associations in the form of lump-sum payments and project sponsorship.
Organising committee chief Kallen, who held the same position for Euro 2004, added: "It would be fair to say that, from an organisational perspective, we have greatly progressed and improved in almost all areas."
Copyright (c) 2008 Press Association
Have YOUR say - What do you think about "Euro 2008 Brings In Record Profits"? Tell us NOW in the comment section below.
Have you got a scoop? Tell us about it and you could be the first to break the news on FourFourTwo.
