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Maracanã Expected To Regain Electricity Following Agreement To Pay Outstanding Debt

Published in SportsBusiness Daily Global on 01 / 30 / 17

Maracanã Stadium is "expected to get its electricity switched back on after managers Odebrecht agreed on Friday to pay much of the outstanding bill," according to REUTERS. The stadium, which hosted the 2014 World Cup final and the Opening and Closing Ceremonies of the 2016 Olympic Games, was ...

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Tags: Facilities, Brazil

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Rio 2016 Bets On Temporary Venues

With a quarter of Rio 2016’s Olympic venues being built for temporary use, Rio 2016 Organizing Committee Sports Venues Design Manager Gustavo Nascimento says the temporary structures will minimize the risk of leaving the city with white elephants. "Building temporary structures that suit the n ...

Tags: Brazil, Facilities

Russia Financing Extra Doping Tests

The Russian Sports Ministry said that the country is "financing an additional testing program for its track and field athletes who may compete in the Rio Olympics, a step to prove commitment to cleaning up the sport amid widespread doping allegations," according to Jack Stubbs of REUTERS.  ...

Tags: Olympics, Russia, Brazil

Brazil On Time For 'Safe' Olympics

Newly-appointed Brazil Sports Minister Leonardo Picciani said that all infrastructure for the Olympic Games in Rio de Janeiro "will be ready before they begin in August, including a much delayed metro line," according to Boadle & Marcello of REUTERS. Picciani said, "All the obligatory infrastruc ...

Tags: Olympics, Brazil

Corinthians Close To Naming Rights Deal

Brasileiro side Corinthians is "closing in on a naming rights deal" for its stadium, but could maintain the name "Arena Corinthians," according to Samindra Kunti of INSIDE WORLD FOOTBALL. The club’s "state-of-the-art stadium" hosted six games during the 2014 World Cup. But the bill for th ...

Tags: Facilities, Brazil

Globo Secures Global Brasileiro Rights

Brazilian broadcaster Globo "secured the global media rights" to the Brasileiro, according to SOCCEREX. The deal "will allow Globo to air or market live coverage of 112 matches from the Brazilian top flight, the Campeonato Brasileiro Série A, in 138 territories around the world." The package ...

Tags: Media, Brazil

Up To 31 Athletes Face Drugs Bans

Up to 31 athletes "are facing drugs bans ahead of this summer’s Olympics following the retesting of doping samples from the Beijing Games," according to Ben Rumsby of the London TELEGRAPH. More "were set follow in the coming days," with the IOC "close to completing retests of samples from Lond ...

Tags: Olympics, Brazil

Sports Minister: No Conflict Of Interest

Brazil’s new sports minister "is accused of a conflict of interest because a family business partners with a company selling gravel to construction companies working on Olympic projects," according to Mauricio Savarese of the AP. Leonardo Picciani, a congressman who comes from an influential f ...

Tags: Olympics, Brazil

Metro To Open Only Days Before Games

Rio de Janeiro State Transportation Secretary Rodrigo Vieira said that the metro line extension, the key legacy project of the 2016 Rio Olympics, "will open just four days before the Games and offer only limited service," according to the AP. The delayed subway line "is just one in a long list of pr ...

Tags: Olympics, Brazil

Russian Athletics Ban Set To Remain

Senior figures in int'l athletics "now expect Russia’s track and field team to be banned from the Rio de Janeiro Olympics after the latest developments in the country’s doping scandal," according to Ziegler & Broadbent of the LONDON TIMES. Russian Sports Minister Vitaly Mutko "issued ...

Tags: Olympics, Russia, Brazil

Olympics Will Not Help Brazil's Economy

Moody’s Investors Service wrote in a report that the Summer Olympics in Rio de Janeiro will not "do much for the battered Brazilian economy, but a few select companies stand to reap significant benefits," according to Jonathan Levin of BLOOMBERG. The report focused on the "impact of Olymp ...

Tags: Finance, Brazil

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