• Anirudh Upadhya
• Shresht Vijay
• Varun Dani
• Sourav Panda

In this paper we have used historical data of the income and expenditure of countries hosting any “mega sports events” and any other impact it has had on the economy of the hosting nations. Such historical data includes the Gross Domestic Product (GDP) of the nation, expenditure directly attributable to hosting such events and any other measures of revenue derived by the hosting nations from these events. The “mega sports events” we will be considering are the FIFA World Cup, ICC Cricket World Cup, Olympics (only summer Olympic games)and theCommon Wealth Games. For the purpose of this paper we have taken into consideration the 3 events of each “mega sports event” in each case and used the data of the hosting nations preceding, during and post such events to try and understand the impact on the economy due to the sports events. We have also tried to avoid data prior to and in the year 2008 as much as possible due to the recession and itsunpredicted impact on the economy of the world. On the basis of the data we have collected we have conducted an analysis on the past trends the sports events have had on the economy of the hosting nations (developing and developed nations) and used the analyzed trends to try and make an effective prediction through simulation of the impact on the economy of the hosting nations of the future sports events of the same nature.

Mega sports events, FIFA world cup, ICC Cricket world cup, Olympics, Common Wealth Games, Economy, Trend Analysis, Prediction, Simulation.

"Moneyball: a study of expenditure incurred by nations on hosting sports events and the subsequent impact on the economic indicators of the country", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.176-191, November-2018, Available :http://www.jetir.org/papers/JETIRM006018.pdf

"Moneyball: a study of expenditure incurred by nations on hosting sports events and the subsequent impact on the economic indicators of the country", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp176-191, November-2018, Available at : http://www.jetir.org/papers/JETIRM006018.pdf