Menu
Finance

São Paulo's Pelé Museum Sees Loss Of $93,000 Over A Three-Month Period

São Paulo's Pelé Museum had its one-year anniversary on Monday and has thus far "accumulated a loss" of R$290,000 ($93,370), according to Luiz Alexandre Souza Ventura of ESTADÃO. Pelé said, "After the World Cup, the number of visitors dropped a little, but it will get better with the Olympics." The museum, inaugurated on June 15, 2014, received an investment of R$50M -- 65% from sponsors and the rest from the federal, state and municipal governments. Between Nov. '14 and January, costs totaled R$456,000 while revenue totaled R$166,000. Pelé Museum Dir José Eduardo Moura said, "We had 1,700 visitors per day during the Cup. ... [Now,] The number of people [who visit] on slower days is around 100." The museum's entry price of R$18 ($5.80) "is salty" compared to the neighboring Football Museum, which charges R$6 ($1.93) and also "includes one visit to Pacaembu Stadium." However, according to Moura, the "goal of the project is not to obtain a financial return on the investment, but a sociocultural" one (ESTADÃO, 6/15). 

SBJ Morning Buzzcast: May 17, 2024

Brazil's big win; Leonsis looks for scale; breaking down the big categories for Sports Business Awards and remembering Eddie Gossage

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2015/06/16/Finance/Pele-Museum.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2015/06/16/Finance/Pele-Museum.aspx

CLOSE