I'm sure the government would not be so keen to acquire the world cup if it didn't present any benefit to Australia.
ALP PM Keating and the then NSW Lib premier landed the olympics. They can simply shrug their shoulders at the poor state of NSW finances today (nless you want to play the political balme game - but is it ALP or lib to blame ?)
Guys such as Coates are firmly attched to the IOC tit so of course they will always have the opinion we should spend spend spemd.