That a single cent of public money was spent on the Fifa World Cup is a disgrace. The fact that the Brazilian government has contrived to spend between 15 and 20 billion US dollars on the recent jamboree of football is unfathomable. Let’s make one thing clear: if sport has long been seen by many as a cash cow, the World Cup is a bovine money-printing machine of truly gargantuan proportions.
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Peter Gregory is a research fellow at the Institute of Public Affairs and recently returned to Australia after attending the World Cup in Brazil.
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