Positive Effects of Sports Events: From Exaggeration to Reality

Abstract: Although sports events are considered a new field for urban and economic development, besides certain advantages that are obtained by hosting sports events, there are also many dangers. Upon considering the effects of sports events, studies on low-accuracy sports events are heavily relied on. These analyses often exaggerate advantages, underestimate costs and make an improper use of statistics. It appears that there positive effects and especially, financial advantages of sports events have often been exaggerated so that financial profits are often estimated too high, and costs are understated. By considering existing evidences and literature, this study aims to find an answer for this question: How much true are the topics propounded as to the positive effects of sports events