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Analysis News Editorial

 

Title    : Argentina National Team Boosts Indonesian Economy

 

1.     Types of editorials, body, and conclusion like other news stories:  Editorial of Interpretation

 

2.     Introduction    : Although only a friendly match, the arrival of the Argentine national team has a significant economic impact on sports business actors. The Research Institute for Economics and Society at the University of Indonesia calculated that the turnover of money from the Indonesia-Argentina match was almost IDR 1 trillion.

 

 

Body               : Yusuf Reza Kurniawan, LPEM UI researcher, stated that the source of the stimulus for economic activity from the Indonesia-Argentina match was spectator spending at the stadium, for example for tickets, transportation, accommodation and food; television viewer spending on food and drink; sale of souvenirs (merchandise); rental of stadiums and training fields; television advertising expenditure; as well as match sponsorship expenses. "From the circulation of money, it will generate a GDP (gross domestic product) creation value of IDR 495 billion," said Reza in Jakarta on Sunday (18/6/2023)." From the economic activities, the entertainment sector, food and beverage provision, and trade contribute the largest source of income to GDP. LPEM UI stated that the impact on the entertainment industry is around IDR 122.65 billion, food and beverage provision is approximately IDR 108 billion, while trade provides an economic value-added of around IDR 25 billion.

Reza added that PSSI has a great opportunity to earn profits despite spending a large amount of money to bring in Argentina. Based on the report from The Athletic, the cost of bringing in a national team ranked in the top 10 by FIFA is around 5 million US dollars or approximately IDR 74 billion. "Referring to the economic prospects, the potential positive impact of the FIFA trial match can exceed the cost incurred to bring the Argentine national team," said Reza. According to LPEM UI's calculation, the total economic expenditure for purchasing the tickets is approximately IDR 75.4 billion. The money circulation from the tickets has already exceeded the cost incurred by PSSI to bring in the "La Albiceleste" squad. The economic benefits have become a separate target for the Chairman of the Indonesian Football Association (PSSI), Erick Thohir. From the beginning, Erick has believed that the immense love of the Indonesian people for football can have a positive impact on the finances of PSSI through the organization of quality international matches.

"By holding a FIFA matchday, we are sure we can bring the national team to achieve better PSSI finances," said Erick. The great profit was also experienced by PSSI when bringing in Santos, which was reinforced by Pele, in June 1972. According to Archival records Kompas, PSSI paid US$45,000 to make Jakarta one of Santos' Asian tour destinations in 1972. At the exchange rate of Rp.415 per US$1 at that time, Santos' arrival cost was around Rp.18.6 million . To make a profit, at that time the Indonesian Football Association (PSSI) set the ticket prices for the general public ranging from Rp 400 to Rp 5,000. Special prices of Rp 800 were provided for military personnel and school children. The PSSI had no difficulty in selling all 80,000 tickets for the match of the Indonesian team A, which lost 2-3 to Santos. According to a statement from the PSSI Secretariat, the profits from ticket sales reached Rp 74 million.

With that amount, PSSI made a profit of nearly Rp. 30 million if deducted by the cost of bringing in Santos to supporting needs, such as renting a stadium to accommodation for the Santos team while in Jakarta (Kompas, 23/6/1972). The ticket revenue from the Santos match became the highest record in the 1970s. Previously, PSSI generated the highest ticket sales revenue of IDR 30 million when bringing in Cruzeiro (Brazil) and Dynamo Tbilisi (Georgia) in 1972. According to LPEM UI, not only PSSI, the government also received income from tax revenues of around Rp 28 billion. The top five sectors contributing to the state revenue from the Indonesia vs Argentina match were the manufacturing industry (Rp 7.1 billion), health and social activities (Rp 4.5 billion), wholesale and retail trade (Rp 3.3 billion), information and communication (Rp 3.1 billion), as well as financial and insurance services (Rp 2.9 billion). Great enthusiasm The high enthusiasm of Indonesian people to witness Argentina's performance, the champion of Qatar's 2022 World Cup, was shown by the online ticket sales that sold out in a short amount of time. PSSI set the prices for the football enthusiasts who want to watch the match between Indonesia and Argentina in the Main Stadium of Gelora Bung Karno, Jakarta, on Monday (19/6/2023) at 7:30 PM Western Indonesia Time, ranging from IDR 600,000 to IDR 4.25 million.

 

Concussion     :

In conclusion, the presence of the Argentina National Team in Indonesia can provide a significant economic boost by attracting tourists, enhancing Indonesia's image as a host country, creating job opportunities, and stimulating various sectors of the economy. It is important for the government and local stakeholders to leverage this opportunity effectively to maximize the long-term benefits and sustain the positive impact on the economy.

 

 

3.     An objective explanation        :

the visit of the Argentina National Team to Indonesia has the potential to boost the economy through increased tourism, enhanced international reputation, job creation, and stimulated business activity. However, it's important to note that the actual impact will depend on various factors such as the scale of the event, the effectiveness of marketing and promotion efforts, and the country's infrastructure and capacity to host such events successfully.

 

 

4.     A timely news angel   : 19 Juni 2023

 

5.     Opinions from the opposing viewpoint that refute directly the same issues the writer addresses: -

 

6.     The opinions of the writer delivered professionally:

 

 

 

7.     "The enthusiasm of the public to buy merchandise packages is very high. The public crowded our sales centers at Garuda Store SUGBK and Wisma Serba Guna GBK which became a place for exchanging game tickets," said Mochtar."

 

 

8.     Alternative solutions to the problem or issue being criticized:

while the visit of the Argentina National Team can provide an economic boost, exploring alternative solutions such as diversifying tourism offerings, investing in sports infrastructure, collaborating with other industries, adopting sustainable practices, and developing domestic tourism can help maximize the positive impact and create a more sustainable and inclusive economy.

 

 

9.     A solid and concise conclusion that powerfully summarises the writer's opinion:

 

10.  the visit of the Argentina National Team to Indonesia holds significant potential for boosting the country's economy through increased tourism, enhanced international reputation, job creation, and stimulated business activity. However, it is crucial to explore alternative solutions such as diversifying tourism offerings, investing in sports infrastructure, collaborating with other industries, adopting sustainable practices, and developing domestic tourism to maximize the positive impact and ensure long-term economic sustainability.

 

 

News Features

·       headline          : Argentina National Team Boosts Indonesian Economy

·       lead                 : Although only a friendly match, the arrival of the Argentine national team has a significant economic impact on sports business actors. The Research Institute for Economics and Society at the University of Indonesia calculated that the turnover of money from the Indonesia-Argentina match was almost IDR 1 trillion.

·       5W+1H           :

What   : Argentina effect in Indonesia economy

When   : 19 june 2023

Where : Indonesia

Who    : Argentina national team

Why    : Through increased tourism, enhanced international reputation, job creation, and stimulated business activity

How    : By attracting tourists, showcasing Indonesia as a host country, creating employment opportunities, and generating economic activity in various sectors

 

·       By line : news from Kompas

 

·       Quotation marks : -

 

 

·       News story      :

This article it’s about the the eefect of Argentina national team to increase Indonesia economy because they have to did friendly match with Indonesia national team

 

·       Editorial :

In conclusion, the visit of the Argentina National Team to Indonesia has proven to be a significant catalyst for economic growth. Through increased tourism, enhanced international reputation, job creation, and stimulated business activity, the presence of the team has generated positive impacts on Indonesia's economy. This event highlights the potential benefits of hosting high-profile sporting events and serves as a reminder of the importance of diversifying tourism offerings, investing in sports infrastructure, promoting sustainable practices, and exploring collaborative opportunities with other industries. By capitalizing on these opportunities and leveraging the positive outcomes, Indonesia can continue to foster economic development and create a more sustainable and inclusive economy in the long term.

 

 

 https://www.kompas.id/baca/english/2023/06/18/en-timnas-argentina-geliatkan-ekonomi-indonesia

 

 

 

 

 

 

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