Connor Wraps Prep For FIBA World Cup MCG Turf To Be Replaced Ahead Of Final Coventry City To Return To Ricoh Arena FIA Says Sochi Prepared For Oct. 12 GP Sports Hub Turf To Undergo Improvements Japan To Name 10 Paralympic Centers Chevrolet To Sponsor Brazil National Teams Rio's Olympic Golf Course 59% Complete AIHL Canberra Seeking Facility Upgrade Jockey Club To Spend $52M On Facilities
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/February 28, 2013/Facilities
More Details On Maracanã Privatization; Winning Bid To Be Unveiled On April 11
Published February 28, 2013
MORE DETAILS: UOL's Vinicius Konchinski reported that the Maracanã's privatization "should reduce the number of games played in the stadium annually by 45%." The Rio state government wants to preserve the arena as "a temple of world football" and ordered that the future operators "significantly reduce" the number of games played in the arena. The government fixed 40 as the "ideal" number of games the stadium would host per season. In '09, the last year the Maracanã was in use before undergoing its renovations, it hosted 72 games. The company that wins the bidding process for the arena, to be revealed on April 11, will have to pay R$4.5M ($2.3M) annually to the state of Rio. Furthermore, it will have to invest R$594M ($300M) in reforms around the stadium (UOL, 2/27). UOL's Vinícius Segalla reported the Rio government's deal with the operator will be for 35 years (UOL, 2/26).