Europe won the Ryder Cup golf tournament in a comeback victory this weekend. Following the win, Scottish Sport Minister Shona Robison said the overall economic result from hosting the event in 2014 could top £100 million. “For around about a £20 million outlay we will be getting hopefully £100 million-plus back to Scotland, to the local economy,” she said. “We think that’s pretty good value for money.” Golf is still viewed as lucrative, even amid the economic downturn. Estimates suggest that the Chicago economy will make £150 million from staging this week’s Ryder Cup.
By Stephanie Gruner Buckley
This article is more than 2 years old.