PLANNING, INVESTMENT AND SUSTAINABLE LEGACY OF MAJOR SPORTING EVENTS – EUROBASKET 2011 CASE STUDY Mindaugas Balčiūnas Lithuanian Basketball Federation RESPONSIBILITY FOR NATIONAL SPORT AND COUNTRY 60 POPULARITY of sports in Lithuania (2011) 53.4 50 40 30 20 9.9 3.5 3.1 1.6 1.4 1.2 1.2 Athletics Dancing Autosports Boxing Tennis 10 Dancing on ice 8.6 1 not interesting any sports Swimming Football Basketball 0 CHALLENGE – THE BIGGEST SPORTING EVENT EVER HOSTED IN LITHUANIA Organizational structure and human resources. Infrastructure and investments. Event budgeting and sponsorship. Promotion and communication. Event realization. THE GOAL – TO MAKE THE BIGGEST AND THE BEST EUROBASKET IN HISTORY More 8 teams to participate: format 24 teams; More 7 days of the event: in total 21 days of duration; More 36 games to play: overall 91 games; All games televised to more than 160 territories worldwide; More than 200 millions TV viewers; More than 350 000 fans in arenas; EUROBASKET 2011: INVESTMENTS AND INCOMES BIG FINANCIAL CHALLENGE FOR COUNTRY FACING GLOBAL ECONOMICAL CRISIS Investments to infrastructure 180 168.9 160 State funds 140 EU funds Total 122.3 120 Millions LTL 108 100 80 60 40 75.6 70 46.6 54.7 49.3 38 26.3 20 37 34.7 20 18.2 18.8 0 “Žalgirio” (Kaunas) “Cido” (Panevėžys) Šiaulių “Švyturio” (Klaipėda) Alytaus (reconstruction) ORGANIZATIONAL BUDGET INCOMES 60.0 51.5 Eurobasket 2011 incomes (mln. LTL) 50.0 Millions LTL 40.0 21.0 30.0 24.6 20.0 10.0 0.0 5.9 Sponsorship Government support (+ Event fee) Ticketing Total TOTAL IMPACT OF AN INJECTION INTO THE ECONOMY DIRECT ECONOMICAL IMPACT OF EUROBASKET 2011 138.12 140 120 Millions LTL 100 80 80.52 57.6 60 40 20 0 Local fans in arenas Tourists Overall INDIRECT AND INDUCED ECONOMICAL IMPACT OF EUROBASKET 2011 350 331.488 300 250 193.248 Millions LTL 200 150 138.24 100 50 0 Local fans in arenas Tourists Overall EUROBASKET LEGACY Economic; Social; Promotional; Feel-good factor and life-satisfaction; LONG TERM INVESTMENT – MODERN, MULTIFUNCTION CONVENTION CENTER'S Panevezys arena Siauliai arena Arena Seats capacity Žalgirio Arena Šiaulių arena Cido Arena Klaipėdos arena Alytus arena 15000 5500 6700 5500 5500 Kaunas arena Klaipedos arena Alytus arena ECONOMIC IMPACT: NUMBER OF EVENTS IN ARENAS Total number of events Basketball events 120 100 100 90 80 60 75 70 60 50 40 40 30 30 30 35 35 20 0 Zalgirio arena Vilnius arena Panevezys arena Alytus arena Klaipedos arena Šiauliai arena ECONOMIC IMPACT: EMPLOYMENT CREATED BY ARENAS 350 Full time employees 300 300 Part time employees 250 200 150 100 100 50 50 40 17 11 10 20 14 30 14 25 0 Zalgirio arena Vilnius arena Panevezys arena Alytus arena Klaipedos arena Šiauliai arena ARENAS CONTRIBUTION TO THE ECONOMY: EVENTS AND EMPLOYMENT 600 525 500 435 400 300 210 200 106 100 0 Total number of events Basketball events Full time employees Part time employees YEARLY FINANCIAL IMPACT 130500000 140000000 120000000 100000000 80000000 60000000 11994000 40000000 20000000 0 Events Employment SOCIAL IMPACT: LESS CRIMES DURING EUROBASKET 2011 Number of registered pretrial investigations from 2011-08-31 to 2011-09-19 and comparison with the same period in 2010 m. 2010 y. 2011 y. Difference Percentage Šiaulių 367 375 8 2,18 Alytaus 131 129 -2 -1,53 Panevėžio 250 232 -18 -7,20 Kauno 841 767 -74 -8,80 Vilniaus 1566 1377 -189 -12,07 Klaipėdos 456 369 -87 -19,08 SOCIAL IMPACT: BASKETBALL AND SPORT BECOMES MORE POPULAR MORE KIDS ATTENDING BASKETBALL AFTER EUROBASKET 2011 10 – 30 % MORE SOCIAL IMPACT: VOLUNTEERING CULTURE EXPANSION MORE THAN 1800 VOLUNTEERS SERVED THE EVENT. PROMOTIONAL LEGACY: COUNTRY COMMUNICATION DURING EUROBASKET 2011 ‚FEELGOOD‘ FACTOR AND LIFE-SATISFACTION TWO GUINNESS WORLD RECORDS ACHIEVED BEFORE EUROBASKET 2011 60 000 balls bouncing record Dribbling around Lithuania record EUROBASKET LEGACY CONTINUING TO GROW HOW MUCH WE ARE SPENDING FOR SPORT? HOW MUCH WE ARE SPENDING FOR BASKETBALL? MORE THAN 100 000 FANS REGULARLY INVOLVED IN BASKETBALL MONEY CIRCULATION RELATED TO BASKETBALL YEARLY ECONOMIC VALUE OF BASKETBALL IN LITHUANIA % % Multiplier – 1,4 ~1 Billion LTL WE CELEBRATE BASKETBALL