December 2, 2010
The result was announced around an hour ago and the 2018 World Cup will be hosted by Russia.
That is a BIG WIN for Europe!! We should celebrate!!
Under the current climate, it seems inconceivable that any of Portugal, Spain or Belgium could have spent the money required to upgrade their infrastructure. How could they have borrowed the money to pay for the work? It would have bankrupted them for a generation.
England might not have needed so much to be spent, bearing in mind the quality of existing stadia and the work being completed for the 2012 Olympic Games.
That leaves the Netherlands and Russia.
Russia have money, that is for sure. Congratulations to them, and financially at least, congratulations to Europe.financialguy