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European championships 1996 England European championship Football is the third largest sporting event in the world behind the Olympics and the football world cup. This report shows several aspects of our England organised this particular event in 1996. Up until the 1980's hosting major sporting events were classed as a financial burden on the organising city. This being by the loss of £692 million made by Montreal in 1976 summer Olympics, however in 1984 Los Angeles Olympics changed the economics of sporting events and made a plus of £215 million. The reasons for this are that the city developed a greater understanding of economic benefits to a city and the country as a whole. From these results cites are now competing to host major sporting events in a wide range of sports. "It is clear that bids to stage major sporting events can operate as a catalyst to stimulate economic regeneration even...

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