The 2007 Cricket World Cup - Essay Example

Obtaining such funds was a big challenge, in that the organizers and the sports ministries involved had to present their governments with the requests for the allocation of funds to finance the renovations. This process took long before such funds were approved, with some countries like Jamaica almost wanting to cut down the fund proposals that were presented, claiming that spending $100 million on the cricket final hosting was not worth, since there was little observable benefit from hosting such an event to the country (Atherton, 2007).

Low attendance is yet another challenge that faced the organizers of this event. The 2007 Cricket World Cup in the Caribbean was not attended by a large audience of fans. This lack of high attendance was caused by the restrictions that the organizers of the event had placed, for security purposes, which hindered any individual from bringing in outside items such as food, kits, musical instruments among other items mostly used by the fans during such events (Tyson, 2007). The organizers of the events over commercialized it, by requiring that those attending the event purchase requisite items for use from within, an aspect that killed the morale of the fans, who would have attended.

The high prices charged for the ticket is yet another factor that hindered the large attendance of the fans to the event. This hindered the achievement of the set revenue target of $42 million (Jordan, 2006). Lack of good preparation is yet another challenge that faced the organizers of the events. Poor preparations led to some of the major venues where the event had to take place remain incomplete, by the time the event was kicking off (Chambers, 2007). Security concerns and the selection of incompetent jury, who caused confusion in the final match, are the other challenges that the organizers faced.

There are various positive and negative impacts the 2007 Cricket World Cup in the Caribbean had on the countries that hosted the event. Among the positive impacts is the income generating opportunities that were presented to this countries, courtesy of the event (Tyson, 2007). With the event running for six weeks, there were many business opportunity that were open for the entrepreneurs in different industries of those countries to capitalize on. Such opportunities mostly favored the transport, the trade, tourism and hospitality industry as well as the entertainment industry.

That was a period of high-income generation for such businesses, in that the goods and services they offer were in high demand due to a higher number of visitors. Improved cooperation and coordination is yet another positive impact that was brought by this event. The Caribbean countries were forced to enhance their cooperation and coordination, since the event required that all the countries in that island co-host the event, with each country hosting six matches. This being the situation, the countries were forced to coordinate and cooperate in the organization and management of the event, serving to enhance their relationships (Lakshman, 2008).

Promotion of the region as a tourism destination is yet another benefit obtained by the Caribbean countries from hosting the event (Jordan, 2006). Since there were different people from various parts of the world who attended the event, they learnt the beauty of the region and its attractiveness, enhancing the chances of such visitors coming back to tour the region. Additionally, the focus of the media on the