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Yes, all that... but think of the intangibles i.e. profile, awareness, press coverage etc.
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I remember reading that Cardiff was circa six figures to hire the venue... And was kept by the owners of the series rights as their own promotion and not tendered out to anyone else... Warsaw was the same... Presume as they were considered "cash cows"... The Welsh Tourist Board subsidised the costs to some degree too... 40,000 at around forty quid must have been worth doing... 20,000 at around forty quid much less so, hence no more Cardiff...
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That’ll be no hope then, as they haven’t “stuck to any guns” since the beginning of this whole sorry saga. Agree about Osborne though.
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