Executive Transactions Names In The News FFA Records $6.2M Profit For '13-14 La Liga Valencia Discards New Bat Logo Qatar Reveals Third WC Stadium Design Qatar Looks To Enter F1 Circuit Healthpoint Partners With Man City Sony Reportedly Will Not Renew FIFA Deal Portsmouth To Host America's Cup Races BBC To Show All FIFA Women's WC Games
SBD Global/December 3, 2012/FacilitiesPrint All
Brasileiro club Atlético Paranaense revealed AEG Facilities as the company that will manage the club's new Arena da Baixada stadium, according to Lucas Turco of MAQUINA DO ESPORTE. The contract is for 10 years, but terms of the deal "were not disclosed." The new stadium, scheduled to host World Cup matches, is currently under construction with a completion date of June. After its completion, the arena "will have a capacity of 43,981 for game day matches and close to 60,000 for shows." AEG Facilities will also manage the Arena Olimpica, an indoor stadium with a capacity of 9,200 that will be built next to the Arena da Baixada. Atlético Paranaense President Mario Celso Petraglia said, "The arrival of AEG as partner in the management of the club's arena will give us certainty that the complex that the club is building for the city of Curitiba will be utilized throughout the year. AEG has expertise in organizing events of all kinds -- music, cultural, corporate -- giving the club certainty of important revenue streams from the complex" (MAQUINA DO ESPORTE, 11/29).
The Rio de Janeiro government "is negotiating its third loan" to pay for the remodeling of the Maracanã stadium for the 2014 World Cup, according to Vinicius Konchinski of UOL. If the negotiations with the Caixa Econômica Federal go well, the state will receive a R$137M ($64.1M) loan. If the loan is approved, R$787M ($368.3M) of the R$888M ($415.6M) budgeted for the remodeling of the stadium will have been covered by loans. Negotiations between the Rio government and the Caixa Econômica Federal have been "ongoing for at least two months" (UOL, 12/2).