Reuters - Video

EDITION: U.S. | U.K. | IN

Business

Long 'to do' list for Russian World Cup

Tuesday, Jul 15, 2014 - 02:26

The World Cup circus moves on ... Even as Germany celebrates its triumph, the focus swings to preparations for 2018 in Russia - and whether President Putin can succeed in showcasing his country against a backdrop of concerns over cronyism, cost overruns and human rights. David Pollard reports.

▲ Hide Transcript

View Transcript

Party time in Berlin. Few celebrations match those of a World Cup victory. Germany's has, says its media, turned it into a ''four-star'' nation - Angela Merkel sharing the spoils almost as much as the team itself. Russia's footballers have little chance of such glory. President Putin is, 'though, hoping the 2018 event will give his country a seat at the top table. The Luzhniki stadium in Moscow will stage the opening match. Built in 1956, it's undergoing a huge renovation for 90,000 spectators - though still bears the hallmarks of its Soviet legacy. It was hit and miss that Brazil's stadiums would be ready for this year's World Cup. Here in Moscow, there's faith. SOUNDBITE (Russian) MOSCOW RESIDENT, KIRILL, SAYING: "I think we've got it all. Stadiums are being built, it's only the cities that we need to bring up to a better state, the bus stops and things like that, so that when foreigners come, they say 'Wow, Russia is so beautiful.'" Twelve stadia in eleven cities will play host - at a cost of $18 billion dollars. At least, that's the cost now. Russia's prime minister has already warned 20 billion is more likely. Others say it'll spiral further - and could be unsustainable for a country already on the verge of recession. While others still say mega budgets for huge sporting events are behind the times. Tom Cannon is a business professor at Liverpool University. SOUNDBITE (English) TOM CANNON, PROFESSOR OF STRATEGIC DEVELOPMENT AT THE UNIVERSITY OF LIVERPOOL MANAGEMENT SCHOOL, SAYING: ''I think there's a certain amount of questioning now emerging about these giant expenditures. I would be astonished if another country, coming in to bid, would bid the kind of commitment that Brazil's made and Qatar has made. I think that an awful lot more people are looking to the German model, when Germany got the World Cup and predominantly invested in improving its facilities and thinking about the development of the game, rather than a grand spectacular. I don't imagine we'll see another Brazil, Qatar, Russian-type bid in the future.'' Corruption is another worry - after accusations that deals for this year's Winter Olympics in Sochi went to Putin allies. And human rights - especially after the controversy at Sochi of laws banning the spread of so-called ''gay propaganda''. Then there's the Russian team: knocked out in the first round in Brazil. And Putin himself - after Germany's triumph he's no doubt hoping in for something good in 2018 - potentially an election year.

Long 'to do' list for Russian World Cup

Tuesday, Jul 15, 2014 - 02:26

Top News »

Money »

Finding meaning in the S&P 500 2000 mark Finding meaning in the S&P 500 2000 mark

Mon, Aug 25, 2014 - (2:35)

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

Dow back to positive territory for year Dow back to positive territory for year

Wed, Aug 13, 2014 - (2:18)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)