What if the World Cup benefited… French growth? A victory for the French team in the final in Qatar next Sunday could give a (small) boost to the French economy. According to a study by the Dutch bank ABN Amro, which has been studying what happens in winning countries since 1970, there is a small “boost” for gross domestic product when the national team wins. By winning the trophy, the Blues could recoup a few tenths of growth points.
How is this positive effect explained? A victory for the national team is already “gross national happiness.” That is, a little more confidence, a little more morale, a little less saving, and a little more spending. In addition, according to Brazilian studies, the productivity of employees would improve in companies after a victorious match of the soccer clubs they support. On the French side, we can also expect positive consequences on the country’s image and its influence, for example by attracting more tourists.
40 million for the FFF
A possible positive reaction this year due to the broadcast schedules of the matches in France, which have had no effect on working time: with matches broadcast in the late afternoon and evening, offices have not been emptied to fill the bars and breweries. The latter, however, benefit greatly from the sporting event, registering 20% attendance on match nights. Not to mention the expenses to watch the games at home, from beers to snack items, through ice cream and soft drinks.
Obviously, it is the football sector that would be the big winner by far if France were to win again. No less than 40 million euros would fall into the pockets of the French Football Federation (FFF) in the event of a victory for the Blues this Sunday. Added to this is an increase in stadium attendance and registrations with local clubs. Note that if the France team did not win their third star, the FFF would still receive a check for 28 million euros.
Source: BFM TV
