Ryder Cup Funding

Started by Baile Brigín 2, September 10, 2025, 12:59:56 PM

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Baile Brigín 2

Quote from: Dag Dog on September 10, 2025, 03:31:58 PM
Quote from: Baile Brigín 2 on September 10, 2025, 02:13:57 PM
Quote from: Dag Dog on September 10, 2025, 01:35:18 PMWrite the cheque!
Bringing the Ryder Cup to Limerick is a huge deal. International golfers visiting Ireland is a huge source of tourist revenue.

If a few PBP losers., who hate golf anyway, are annoyed, then that's a good sign. ;D

Then pay for it from the tourism budget. It is happening. The issue is who pays for it to happen and who keeps the profits.

Profit? An event like the Ryder Cup is a loss leader. It takes years to get it lined up.
JP has spent tens of millions upgrading the course to make it an attractive prospect to host the event.

The beneficiaries will be the golf and hospitality sector in 2027 and subsequent years. Not JP's wallet.
Loss leader? What? He pitched for it and won. Ticketing, food and drink and accommodation are his.

He has literally announced he did the sums wrong. So rather than increase his prices he wants the taxpayer to cover it.

thewobbler

So it's not dissimilar now to what it would cost to upgrade / blackmail UEFA into hosting a CL final in Dublin.

Except it's not Dublin, which gets more than its fair share of everything.
 It's the south west of Ireland, now hosting one of international sport's most famous and prestigious events.

Let them at it. Whatever it takes. It'll be worth it.

Baile Brigín 2

Quote from: thewobbler on September 10, 2025, 05:15:26 PMSo it's not dissimilar now to what it would cost to upgrade / blackmail UEFA into hosting a CL final in Dublin.

Except it's not Dublin, which gets more than its fair share of everything.
 It's the south west of Ireland, now hosting one of international sport's most famous and prestigious events.

Let them at it. Whatever it takes. It'll be worth it.
The CL final wouldn't cost the taxpayer 88m. And UEFA put some of the money made into Irish soccer - more than the state does.

So other than an anti Dublin pot shot, not really much substance there

Dag Dog

Quote from: Baile Brigín 2 on September 10, 2025, 04:44:07 PM
Quote from: Dag Dog on September 10, 2025, 03:31:58 PM
Quote from: Baile Brigín 2 on September 10, 2025, 02:13:57 PM
Quote from: Dag Dog on September 10, 2025, 01:35:18 PMWrite the cheque!
Bringing the Ryder Cup to Limerick is a huge deal. International golfers visiting Ireland is a huge source of tourist revenue.

If a few PBP losers., who hate golf anyway, are annoyed, then that's a good sign. ;D

Then pay for it from the tourism budget. It is happening. The issue is who pays for it to happen and who keeps the profits.

Profit? An event like the Ryder Cup is a loss leader. It takes years to get it lined up.
JP has spent tens of millions upgrading the course to make it an attractive prospect to host the event.

The beneficiaries will be the golf and hospitality sector in 2027 and subsequent years. Not JP's wallet.
Loss leader? What? He pitched for it and won. Ticketing, food and drink and accommodation are his.

He has literally announced he did the sums wrong. So rather than increase his prices he wants the taxpayer to cover it.
The PGA in America and their European counterparts co-own the event.
They pocket the bulk of the revenue.
JP might sell a few pints at the bar and the rooms will be fully booked in his hotel, but all the stalls, merchandise etc are paying the event owners to be there.

JoG2

Quote from: Dag Dog on September 10, 2025, 03:31:58 PM
Quote from: Baile Brigín 2 on September 10, 2025, 02:13:57 PM
Quote from: Dag Dog on September 10, 2025, 01:35:18 PMWrite the cheque!
Bringing the Ryder Cup to Limerick is a huge deal. International golfers visiting Ireland is a huge source of tourist revenue.

If a few PBP losers., who hate golf anyway, are annoyed, then that's a good sign. ;D

Then pay for it from the tourism budget. It is happening. The issue is who pays for it to happen and who keeps the profits.


JP has spent tens of millions upgrading the course to make it an attractive prospect to host the event.


If I didn't bother my hole paying taxes, I could upgrade my back garden

Dag Dog

Quote from: JoG2 on September 10, 2025, 08:48:02 PM
Quote from: Dag Dog on September 10, 2025, 03:31:58 PM
Quote from: Baile Brigín 2 on September 10, 2025, 02:13:57 PM
Quote from: Dag Dog on September 10, 2025, 01:35:18 PMWrite the cheque!
Bringing the Ryder Cup to Limerick is a huge deal. International golfers visiting Ireland is a huge source of tourist revenue.

If a few PBP losers., who hate golf anyway, are annoyed, then that's a good sign. ;D

Then pay for it from the tourism budget. It is happening. The issue is who pays for it to happen and who keeps the profits.


JP has spent tens of millions upgrading the course to make it an attractive prospect to host the event.


If I didn't bother my hole paying taxes, I could upgrade my back garden
You should try it some time!

JoG2

Quote from: Dag Dog on September 10, 2025, 09:45:21 PM
Quote from: JoG2 on September 10, 2025, 08:48:02 PM
Quote from: Dag Dog on September 10, 2025, 03:31:58 PM
Quote from: Baile Brigín 2 on September 10, 2025, 02:13:57 PM
Quote from: Dag Dog on September 10, 2025, 01:35:18 PMWrite the cheque!
Bringing the Ryder Cup to Limerick is a huge deal. International golfers visiting Ireland is a huge source of tourist revenue.

If a few PBP losers., who hate golf anyway, are annoyed, then that's a good sign. ;D

Then pay for it from the tourism budget. It is happening. The issue is who pays for it to happen and who keeps the profits.


JP has spent tens of millions upgrading the course to make it an attractive prospect to host the event.


If I didn't bother my hole paying taxes, I could upgrade my back garden
You should try it some time!

How can I opt out? Even for a year or two?
Could buy bags of balls, bibs, register a few grades etc for the club with the spare cash

seafoid

https://www.irishtimes.com/opinion/2025/09/10/giving-ryder-cup-2027-another-30-million-is-throwing-good-money-after-bad/

Economic arguments for governments paying fantastic sums of money to host high-profile international sporting events are at best woolly and at worst spurious.

Economic journals are filled with papers making the point that big events rarely deliver on their economic promises. One of the better-known critics is Andrew Zimbalist, a US economist who was a member of the No Boston Olympics group that put the kibosh on the city's bid for the 2024 Olympics.

[ Ryder Cup 2027: The true cost of bringing the prestigious event to AdareOpens in new window ]

He is pretty categorical that they are a bad investment, writing in one publication that: "Mega-events are far from the economic engines they are touted to be. It is almost a universal experience that these events engender more short-run costs than short-run revenues, and that the expected long-run gains in tourism, trade and foreign investment are not forthcoming.

"Depending on the event and the host city or country, the actual economic outcome can range from significantly negative to neutral to modestly positive. The modestly positive experiences, however, are few and far between and necessitate special circumstances."

Dag Dog

Quote from: seafoid on September 11, 2025, 09:32:44 AMhttps://www.irishtimes.com/opinion/2025/09/10/giving-ryder-cup-2027-another-30-million-is-throwing-good-money-after-bad/

Economic arguments for governments paying fantastic sums of money to host high-profile international sporting events are at best woolly and at worst spurious.

Economic journals are filled with papers making the point that big events rarely deliver on their economic promises. One of the better-known critics is Andrew Zimbalist, a US economist who was a member of the No Boston Olympics group that put the kibosh on the city's bid for the 2024 Olympics.

[ Ryder Cup 2027: The true cost of bringing the prestigious event to AdareOpens in new window ]

He is pretty categorical that they are a bad investment, writing in one publication that: "Mega-events are far from the economic engines they are touted to be. It is almost a universal experience that these events engender more short-run costs than short-run revenues, and that the expected long-run gains in tourism, trade and foreign investment are not forthcoming.

"Depending on the event and the host city or country, the actual economic outcome can range from significantly negative to neutral to modestly positive. The modestly positive experiences, however, are few and far between and necessitate special circumstances."
But BB2 claims JP will be absolutely creaming it?

JoG2

Quote from: Dag Dog on September 11, 2025, 11:14:18 AM
Quote from: seafoid on September 11, 2025, 09:32:44 AMhttps://www.irishtimes.com/opinion/2025/09/10/giving-ryder-cup-2027-another-30-million-is-throwing-good-money-after-bad/

Economic arguments for governments paying fantastic sums of money to host high-profile international sporting events are at best woolly and at worst spurious.

Economic journals are filled with papers making the point that big events rarely deliver on their economic promises. One of the better-known critics is Andrew Zimbalist, a US economist who was a member of the No Boston Olympics group that put the kibosh on the city's bid for the 2024 Olympics.

[ Ryder Cup 2027: The true cost of bringing the prestigious event to AdareOpens in new window ]

He is pretty categorical that they are a bad investment, writing in one publication that: "Mega-events are far from the economic engines they are touted to be. It is almost a universal experience that these events engender more short-run costs than short-run revenues, and that the expected long-run gains in tourism, trade and foreign investment are not forthcoming.

"Depending on the event and the host city or country, the actual economic outcome can range from significantly negative to neutral to modestly positive. The modestly positive experiences, however, are few and far between and necessitate special circumstances."
But BB2 claims JP will be absolutely creaming it?


He absolutely is creaming it to the tune of eyewatering amounts, but not in net monetary profits from the tornament through ticket sales / merch etc 

Baile Brigín 2

Quote from: Dag Dog on September 11, 2025, 11:14:18 AM
Quote from: seafoid on September 11, 2025, 09:32:44 AMhttps://www.irishtimes.com/opinion/2025/09/10/giving-ryder-cup-2027-another-30-million-is-throwing-good-money-after-bad/

Economic arguments for governments paying fantastic sums of money to host high-profile international sporting events are at best woolly and at worst spurious.

Economic journals are filled with papers making the point that big events rarely deliver on their economic promises. One of the better-known critics is Andrew Zimbalist, a US economist who was a member of the No Boston Olympics group that put the kibosh on the city's bid for the 2024 Olympics.

[ Ryder Cup 2027: The true cost of bringing the prestigious event to AdareOpens in new window ]

He is pretty categorical that they are a bad investment, writing in one publication that: "Mega-events are far from the economic engines they are touted to be. It is almost a universal experience that these events engender more short-run costs than short-run revenues, and that the expected long-run gains in tourism, trade and foreign investment are not forthcoming.

"Depending on the event and the host city or country, the actual economic outcome can range from significantly negative to neutral to modestly positive. The modestly positive experiences, however, are few and far between and necessitate special circumstances."
But BB2 claims JP will be absolutely creaming it?


The article is about the broader economy rarely making money off a competition or tournament. Not the owner of an existing venue hosting the tournament.

But even if you are right, he has taken this on knowing he can't make money off it. Still shouldn't be a taxpayers problem.

seafoid

https://www.irishtimes.com/opinion/2025/09/16/fintan-otoole-the-really-nauseating-thing-about-the-ryder-cup-is-how-seamlessly-it-will-all-happen/Why? Because of the only dread that seems to really haunt the State: fear of letting ourselves down. "Letting ourselves down" is not at all the same thing as letting citizens down. It is not the fear of failing to save a child from preventable agony or sending parents to bed in tears of rage and frustration because they can't get the State to care enough about their vulnerable kids. It's not surpassing the once unimaginable figure of almost 5,000 homeless children.
Letting ourselves down is, rather, an externally-driven apprehension. It's about making a show of ourselves in front of the neighbours. We can't have Americans or Europeans or, God forbid, Brits pointing at our Ryder Cup and saying the Paddies couldn't manage it. So once the State is committed to a global extravaganza, hell or high water cannot be allowed to prevent its perfection.