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Brazil's Most Costly Football Stadium May Not Host Olympic Games

In the midst of Brazil's deepening economic crisis, "its cash-strapped capital may not have the money to fulfill a promise to host Olympic football games next year, leaving unused the most expensive stadium built for the 2014 World Cup," according to Anthony Boadle of REUTERS. A spokesperson said that the Rio 2016 organizing committee "has given Brasilia until mid-November to sign a contract or be stripped of the seven games set to be held there next year." Tickets for matches in Brasilia "have already been on sale for months and it remains unclear how fans, many of whom may have bought flights and booked hotels, would be reimbursed." Football games for the Olympics in Rio de Janeiro next year "are set to be played in six cities across the country to make use of venues built for the World Cup." In Brasilia, officials "are scrambling to draw up a management plan for the games but say the debts inherited from the previous leftist governor have forced them to take tough decisions and commitment to the Olympics is uncertain." Brasilia Sports Secretary Leila Barros said, "We are doing our homework now to see if we can sign this in time, but it's not certain." Brasilia's 70,000-seat Mané Garrincha National Stadium "cost taxpayers" more than $800M to build. But the city "now struggles" to cover the $2.5M it costs to maintain it per year (REUTERS, 10/27).

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