Hosting a sport event is an investment in the future

Sport, as we know, develops physical, mental and social abilities, teaches endurance and competition.

In addition to economic and social effects, the organisation of sporting events also has social effects. Investments related to events can bring lasting benefits and contribute to social well-being. The organisation of a sporting event improves infrastructure and transport, and it also has significant country marketing value. Great sporting events generate enthusiasm and excitement, which can bring lasting benefits to the health of the nation, as well as national pride and satisfaction from enthusiasm.

Before organizing an international sporting event, rights holders primarily examine the popularity of the sport in the given country applying for the event, and the market for the products and services they offer is directly proportional to this, i.e. whether it would be profitable to host the event in terms of commercial revenues.

From the point of view of the organisers, the most important questions when organising a sporting event are whether the required sports facilities and infrastructure are available.At the end of the events, feedback and sustainable infrastructure are essential. There are many factors to consider when designing and constructing sustainable infrastructure. Energy efficiency, the use of renewable energy sources, water management, waste management and the environmental impact of materials are all important considerations.Treaties, i.e. law, play a very important role in this, because care must be taken to ensure that regulations are framed as fully as possible.

From the point of view of sports law, the organization of a sporting event requires the conclusion of an event organization (service) contract. The contract contains the main rights and obligations of the parties, but the assessment of resources is also an indispensable factor, which together transforms the organization of an international sporting event into a complex organizational process.

As already mentioned in the introduction, in addition to a number of positive effects, risk factors may arise in connection with the organisation of a sporting event. These types of events involve extremely high costs and investments, and the sports facilities built during them may remain unused. The routine that even Hungary has acquired during the organization of world competitions in recent years can greatly help to eliminate the negative effects of world competitions.