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World of Sport Melbourne

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Added on  2020-06-06

World of Sport Melbourne

   Added on 2020-06-06

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World of Sport
World of Sport Melbourne_1
Melbourne is a one of a most famous Australian state of Victoria as well as considered asthe second most populous city in Australia and Oceania. The country has first class infrastructurewith great people and have a strong economy. Main reason behind all these is that governmentsupports such country in order to become the most famous and leading sport centre in world(Coalter, 2010). Melbourne is confirmed as the leading athletics capital from last decades asmany sports take place over there. It is awarded and crowned as number one Sports BusinessUltimate City apart from other famous and sports hub cities like Berlin, New York, London andSydney. It is a fourth time when Melbourne won this title along with the years of2006, 2008,2010 with best venue category in the world. There are various kinds of sports that take place overin Melbourne from the past 10 years like Australian Open Grand Slam, Australian Formula OneGrand Prix, The MotoGP and several other long lasting events with 2006 Commonwealth, 2015ICC Cricket World Cup, etc. Thus, these major sports are considered as the major reason behindas an official sporting leaders in world rather than others - “Melbourne – a capital of sport city”(Invest Victoria, 2016). For keeping the Melbourne as a sport city or centre, Victorian Government is doingeverything so that in future they become able to host many sports city consents in an appropriateand effective manner. The 2017/2018 budget for Melbourne consider so many things whichstated as follow (Victorian Budget 2017/18, 2018):Melbourne Park: It is the third stage for Melbourne developing park with an investment $271.6million which consider as best finance for Australian open until 2036 and will mean bigger andbetter events for entertainment. Sports infrastructure fund: For this consent, appropriate fund get provided of $20.1 million fordeveloping new grants and facilities for improving the community participation. These are the investments for Melbourne whom are developing as a major sport city inthe world (Kyle, 2014). As from the past few years, it seems that many sports event lead toorganise there with a clear motive to earn and generate more revenue through which economygets improved. Although, these are several future investment which lead to done by VictorianGovernment with a motive to remain make Melbourne as a sport city. Thus, it get evaluated that1
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