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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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11/15/12
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

11/14/12
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

11/14/12
Globo Faces Broadcasting Dilemma

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Tags: Brazil, Media

11/13/12
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

11/12/12
Brazil Wants More Tickets For Fans

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Tags: Events and Attractions, Brazil

11/09/12
Examining Global Sports Media Rights

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Tags: Media, China, Brazil

11/09/12
Bill Endangers Rio's World Cup, Olympics

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Tags: Brazil, Finance

11/09/12
FIFA Confirms Confederations Cup Cities

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Tags: Brazil, Events and Attractions, FIFA

11/07/12
Brasileiro Club Coritiba Adds Sponsor

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Tags: Brazil, Marketing and Sponsorship

11/07/12
Arena Tricolor Opener Tickets Going Fast

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Tags: Brazil, Events and Attractions

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