Rugby World Cup bid is a risk worth taking

This week, Ireland made a formal presentation as part of its bid to host the 2023 Rugby World Cup.

As with any major piece of public expenditure, it was not without controversy.

After all, the Irish taxpayer will have to make an upfront payment of €125 million in the form of a tournament fee, and it has already committed to roughly €200 million in spending on upgrading stadiums around the country – money ...