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Rio Games Sees Budget Increase By 25% In Wake Of Project Delays, New Transit Plans

04 / 18 / 14

Brazilian authorities "unveiled an infrastructure budget" of $10.76B for the 2016 Rio Olymipcs, which is 25% "more than planned, as they try to reassure the world they can deliver facilities on time," according to Pedro Fonseca of REUTERS. The budget "covers 27 projects in urban development and publ...

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Tags: Olympics, Brazil

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Brazilian Clubs Struggle To Fill Stadiums

Brazilians like to say that  "theirs is the country of football," but the next World Cup host "struggles" to fill its stadiums, according to Andrew Downie of REUTERS. Fewer people in Brazil go to see professional football matches than in China or the U.S. With attendances falling further this y ...

Tags: International Football, Brazil

Ronaldinho, Flamengo Reach Settlement

Ronaldinho's lawsuit against his former club Flamengo will end with the player receiving R$15M ($7.3M) in an out-of-court settlement, according to Pedro Ivo Almeida of UOL.com.br. The former FIFA Ballon d'Or winner initially took the Rio de Janeiro club to court for R$40M ($19.4M) over "unpaid wages ...

Tags: Brazil, International Football

Globo Faces Broadcasting Dilemma

With the Brasileiro in its final stages and the F1 season coming to a close, Brazilian broadcaster Globo "faces a dilemma on Sunday," according to FOLHA DE S. PAULO. The U.S. Grand Prix, the second to last race of the year, is scheduled for 5pm local time. Unfortunately for Globo, five of the Week 3 ...

Tags: Brazil, Media

World Cup Construction To Top $14B

Brazil's Audit Court revealed the cost of construction for the 2014 World Cup has increased by 14.7% in relation to the original estimates, according to REUTERS. A total of R$27.3B ($13.3B) will now be spent on stadiums and infrastructure for the event. The R$3.5M ($1.7B) increase from original esti ...

Tags: FIFA World Cup, Events and Attractions, Brazil

Brazil Wants More Tickets For Fans

Brazilian Sports Minister Aldo Rebelo "will work with FIFA" to try and get more Confederations Cup tickets available for common fans, according to Rodrigo Mattos of UOL.com.br. As things currently stand, 53.17% of tickets for the event are available to the general public. The rest is reserved for "s ...

Tags: Events and Attractions, Brazil

Examining Global Sports Media Rights

Growth markets, hot sports and the future of the NFL in London were some of the key issues discussed in a Global Sports Media panel during the ’12 Covington & Burling Sports Media & Technology conference. IMG Worldwide CEO Mike Dolan, Perform co-Founder & Joint CEO Oliver Slipper, ...

Tags: Media, China, Brazil

Bill Endangers Rio's World Cup, Olympics

A new bill passed by the Brazilian Congress, which would share out oil revenues amongst the country's 27 states, "could compromise" the state of Rio de Janeiro's ability to host the mega sporting events coming up in the next few years, according to Viana, Sorosini & Barros of GLOBO. The bill sti ...

Tags: Brazil, Finance

FIFA Confirms Confederations Cup Cities

FIFA revealed that the six cities scheduled to host the 2013 Confederations Cup are confirmed, according to Leandro Canônico of GLOBO ESPORTE. The Arena Pernambuco in Recife, which has been "heavily criticized" by FIFA General Secretary Jérôme Valcke, is guaranteed along with Rio ...

Tags: Brazil, Events and Attractions, FIFA

Brasileiro Club Coritiba Adds Sponsor

Brasileiro club Coritiba has "agreed to a new partnership" with supplement company Nutrilatina, according to Rodolfo Gomes of MAQUINADOESPORTE.com.br. The agreement is for the next two years until '14. The company will be the official supplement provider of the club, "but it will not have its logo o ...

Tags: Brazil, Marketing and Sponsorship

Arena Tricolor Opener Tickets Going Fast

The inaugural game of the Arena Tricolor in Porto Alegre, Brazil, has already sold 45,000 tickets, according to Vicente Fonseca of GAZETAESPORTIVA.net. The new 60,540 seat multi-use stadium, home of Brasileiro club Grêmio, will host a number of 2014 World Cup matches. The stadium opener featu ...

Tags: Brazil, Events and Attractions

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