You Probably didn't Know Football is beneficial to the Economy. Here are some of the benefits of football to the African Economy
Sports assist developing countries in Africa by boosting health and happiness. It teaches values and boosts the economy. Football is fun, and this is known by everyone. It has affected many generations.
A lot of people don't know how football can be of benefit in developing countries. It helps by teaching values, improving the economy and boosting happiness and health. Football gives a sense of well-being.
This is a strong factor in boosting happiness. It reduces depression and anxiety, gives more energy and improves self-esteem. Football is not just for fun. It has lots of benefits for the economy.
1. PROMOTES LOVE AND UNITY
Football holds power to unify communities, regions, states and nations, as seen in Nigeria. It has brought people together all over the world. The strength of football to unite diverse people of various regions, cultures, languages, and gender is evident.
People have developed so much passion for this game.
This passion has grown to the point that people don't care about nationality or religion. It is also seen among people that cannot speak the same language. Though it's different languages, they still have fun kicking the ball.
You can see the effort people make to be present whenever there is a tournament. There are several international organizations that manage football sports.
2. EMPLOYMENT OPPORTUNITIES
Football has become a career and profession. They pay their players. Football clubs employ professionals for psychology, marketing therapy, fan engagement, coaching, etcetera., This job opportunity erases some financial obstacles that might be put in the employee's way.
They also pay people to manufacture socks, balls, jerseys, whistles and other sporting essentials.
Some big companies in Africa, like commercial banks, sponsor sporting events. They also recruit sports personalities in order to market their products and increase sales.
3. HUGE ECONOMIC BOOST
Football has a notable contribution to the development of the economy. Football culture over the years has successfully become an important economic asset to countries.
In football, lots of clubs have foreign players. In most cases, foreign players exceed English players. These football clubs pay huge taxes on their properties. This, in turn, generates revenue for the government.
More tournaments bring about more money for the nation hosting the game and its surrounding areas. These countries have engaged in a long process to improve their football culture. These countries gain a return on their investment through taxes.
Football is another step toward making a better world.