KIEV, Ukraine -- The World Cup and Summer Olympics aside, the world's biggest  sporting event is the European Football Championship, a tournament held every  four years in a different venue, in which 16 finalists compete for a trophy won  most recently by Spain in 2008.
The hosts for the 2012 event are Poland and Ukraine. However, Ukraine has been  given a two-month deadline to complete its preparations, following a visit of  Michel Platini, president of the Union of European Football Associations (UEFA),  to the country last week.
Winning the right to host the tournament was a  major coup by Poland and Ukraine, which defeated rival bids from Italy and  Croatia-Hungary in April 2007. In the first round of voting for the 2012  location, Italy was ahead, but in the second round, the Poland-Ukraine bid  received more than double the votes cast for the Italians, while the  Hungary-Croatia bid received zero votes.
According to the schedule,  preliminary rounds will be held in four Polish and four Ukrainian cities  (Warsaw, Gdansk, Wroclaw, and Poznan; Kiev, L'viv, Kharkiv and Donetsk). Warsaw  will host a quarter and semifinals match, while Kiev will have six matches,  including a quarter-final and semifinal, as well as the final on July 1,  2012.
From Ukraine's perspective, Euro 2012 will boost the economy and  provide an opportunity for the country to showcase its attractions. For UEFA, it  spotlights central and eastern countries that do not possess the sort of rich  home soccer clubs found in Western Europe, but where soccer (football to all  Europeans) is the main spectator sport.
In 2006, Ukraine reached the  quarter-finals of the World Cup, a remarkable achievement, although it failed to  qualify for the 2010 finals in South Africa.
Internally, the sport is  dominated by a few businessmen. Ukraine's representative at UEFA is Hryhoriy  Surkis, who has been president of the Football Federation of Ukraine for three  terms. A few years ago he was denied a visa to enter the United States,  reportedly because of accusations of corrupt practices.
Surkis' brother  Ihor is Chairman of Dynamo Kiev, one of Ukraine's biggest and most successful  teams. The other is Shakhtar Donetsk, which won the UEFA Cup in 2009 and is  owned by Rinat Akhmetov, Ukraine's richest man and one of the chief backers of  Viktor Yanukovych's presidential election campaign.
Shakhtar's recent  success has mirrored the rise of Donetsk as a key region of Ukraine. The team is  made up partly of non-native players, most notably Brazilians who comprise seven  of the 27-member squad.
Donetsk hosted the World Cup playoff game between  Ukraine and Greece last November, but few locals could afford the exorbitant  admission price set by the Football Federation of Ukraine.
The result, as  Akhmetov complained bitterly, was a half-empty stadium for a match that had the  potential to sell out many times over. That situation reflects the dual problem  for Ukraine as a UEFA host--the economic recession and its impact on employment  and salaries; and Surkis' desire to reap profits rather than provide cheaper  seats.
Platini visited the four designated cities of L'viv, Kiev, Donetsk  and Kharkiv, and met with new Ukrainian president, Viktor Yanukovych. He noted  problems in Kiev, where construction of the new Olympic Stadium is weeks behind  schedule, and L'viv, where work on the Lemberg Stadium has stopped altogether.  In Donetsk, there is a suitable stadium but few hotels. Of the four cities, only  Kharkiv appears to be making sufficient progress.
Earlier, as Ukraine  fell behind schedule, UEFA threatened to find another co-host. However, Platini  remains committed to Ukraine, though he has threatened that if the  infrastructure is not completed, all the Ukrainian games will be held in Kiev.  None of the stadiums other than Kiev, which holds 63,000, is adequate for the  final, which has a prospective television audience of 100 million TV viewers,  rivalled only by the Super Bowl.
Ukraine has appointed a government  minister expressly to prepare for Euro 2012. Borys Kolesnikov has pledged  government investment of 26 billion hryvnya ($3.3 billion US) from the 2010  state budget to improve roads, airports, and complete the building of  stadiums.
This is a massive task given the economy's 6.8-per-cent  contraction in the fourth quarter of 2009 and Ukraine's self-imposed goal of  reducing the budget deficit to six per cent of GDP. Much depends on the receipt  of the remaining $5.8 billion from the International Monetary Fund, part of an  original $16.4 billion loan.
Ukraine's situation is comparable to that of  Russia, which prepares for the Winter Olympics in Sochi (2014) and both  countries face similar problems. In September 2010, 51 countries commence the  qualifying rounds of the competition (Poland and Ukraine automatically qualify  as host countries).
Competition is intense -- in future tournaments 24  teams will reach the finals, a reflection of UEFA's willingness to include such  countries as Kazakhstan and Israel within a greater Europe.
Yanukovych  cannot afford failure given the international media's focus on this competition.  Preparation for Euro 2012 is the first major test of his administration and one  with potentially significant rewards.
In 2005, Kiev hosted the Eurovision  Song Contest, offering lowbrow glitterati a chance to strut to synthesized pop  music. Euro 2012 is a more serious endeavour that will highlight the world's  most-popular sport over a three-week period. The opportunity cannot be  forfeited.
 
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