A EY Economic Impact Assessment of the English Premier League 2016/17 season established that the 20 clubs contributed £3.3billion (Sh429 billion) in taxes to the UK economy. Elsewhere, the Boston Marathon, now postponed to September, contributes $211m (Sh21 billion) to Boston annually. The Masters delivers an economic impact of over $ 120 million (Sh12 billion) annually in hotel rooms, home stays, retail, golf rounds and so on. Away from the hard economic numbers, the impact of the coronavirus will affect athletes and those who work with and around them tremendously. The coronavirus has even stopped the “Doing Business Under Coronavirus” conference in New York and in Kenya, the novel coronavirus has stopped “reggae”!
Source: Daily Nation March 15, 2020 02:48 UTC