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Economy 'could suffer £2bn hit if England fail to qualify for World Cup'

The economy could reportedly suffer a £2bn hit if England fail to reach next year's World Cup in Brazil.

The economy could reportedly suffer a £2bn hit if England fail to secure a place at the 2014 World Cup in Brazil.

The Three Lions can book their flights to South America if they take maximum points from their final World Cup qualifier against Poland at Wembley this evening.

Experts predict that the economy will receive a boost of £1bn to £2bn if Roy Hodgson's men reach Brazil due to the sales from football shirts, alcohol and snacks.

"A lot of the ladies who don't tune into football normally tune in en masse for the World Cup," the Daily Star quotes financial expert David Bick as saying.

"Alcohol and sales of beer also go up, barbecue sales get a lift and sales of TVs go up, and it's good news for the airlines and the retailers ­generally. If England are not there, all that literally disappears."

Reports have claimed that England's last televised World Cup match raked in 20 million viewers.

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Michael Carrick of Manchester United in action during the Rio Ferdinand Testimonial Match between Manchester United and Sevilla at Old Trafford on August 9, 2013
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