Just to share how much monies the organizers made from major MTB Jamboree held this year
(*) Guestimate – guess and estimate; the rest are factual –facts and actual from organizer website
Given the facts that cycling in particular mountain biking is gaining popularity in Malaysia, my guestimate that a total of RM1.5million will be collected from the registration and number of event would increase in years ahead.
Those club or individuals whom organized the event should have used the profit to develop young riders in their respective club. By doing so, they will help encourage school children take up MTB as one of potential sports and then help the nation producing great cyclists. Over the time, those events will attract sponsorship like suppliers of sports equipment, nutrition products, holiday package companies and financial institutions. Therefore cost for organizing such event eventually will reduce.
As long as organizers were the cycling club then they would circulate back money to the event held by others club, otherwise others would have benefited from it in the bicycle industry value chain.