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International Sports Ventures

These ventures provide a global identity to the specific sport as well as players. No doubt, Olympics are the greatest sporting events in the world. Olympic Games provide the best platform to a player for his dream performance. To win a medal in Olympics is not only give the name and fame to the player but also it is the concern of national pride. Some other more localized sporting events are also emerged as well such as SAIF games, Commonwealth games, Asian games etc. These events organize so many games in a specific location and time. In some sense, these events bring many cultures and countries under the same umbrella and help to reduce the controversies in international issues. So these events have a sporting impact as well as a social impact.

World cups are also big international sporting events which are oriented to a specific game as ICC world cup, FIFA world cup, Rugby world cup etc. In tennis there are many competitions which are country oriented like US open, Australian open etc. Some club oriented competitions are also in existence, where the players from different national teams play under one flag of specific clubs.

These international sports ventures affect the host country, where they are being organized, in every sense from their economy to infrastructure. These ventures take so much effort and time. Such kind of events leaves a long term social and economical effect. Sometimes international issues are also dealt with these ventures. The tourism industry of host country gets a boost, infrastructure being developed as per international standards. People get employment, as development for these games involve large man power and economic investment.

As these ventures require huge direct investment of funds, it affects the people of hosting countries in some sense. Organizing committee also provide aids for funding, but for organizing a successful event so much amount of dedication and self motivation should be in the host. Some club based events are very successful in generating revenues, since they involve so much glamor and thrill with the game. Some ventures like Olympics and Commonwealth have their sole motive to invoke the people for the importance of games in their life. Other effect of these events is to exchange the social and cultural behavior. They are useful to understand and explore the cultures of different parts of the world.