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Rio Judge Seizes Assets Of Official Olympic Broadcaster

Published in SportsBusiness Daily Global on 09 / 21 / 16

A Brazilian court "has blocked assets of the company that serves as the host broadcaster organization for the Olympic Games," according to the AP. The decision announced on Monday "impacts any financial resources, trucks, equipment and furniture used in Brazil by Spanish-based company Olympic Broadc...

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Tags: Olympics, Brazil

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Patos De Minas Receives $154,000 Renovation

Brazilian Sports Minister George Hilton signed a service order investment, totaling R$487,500 ($154,000), to modernize two multi-sport courts in the town of Patos de Minas. The investment is part of an agreement made in '13. Hilton said, "We want to internalize the practice of sports in all [Brazili ...

Tags: Facilities, Brazil

Brazil Charges 96 Involved In $1B Fraud

Brazil's federal internal revenue service, the Receita Federal (RS), said that it has been "running an investigation of fraud in football" within the country since '02, according to Jay Forte of the RIO TIMES. RS' announcement was made two days after the U.S. FBI "arrested seven leaders" from FIFA f ...

Tags: Brazil, Finance

Romário Leads Drive For Brazilian FIFA Probe

Brazil's upper house has "voted to launch a congressional inquiry into corruption allegations" relating to the Brazilian Football Federation (CBF) and its hosting of the 2014 World Cup, according to Joe Leahy of the FINANCIAL TIMES. The move comes as Brazil's federal police "launch a parallel i ...

Tags: International Football, Brazil

COB To Open 2016 Olympic Museum In Rio

Rio de Janeiro will soon have its own museum dedicated to Brazil's Olympic history. Following an agreement signed on Friday by the Brazilian Olympic Committee (COB), the museum will be built on the Ilha de Pombeba in Barra da Tijuca, just behind the Athletes' Village. The area will also be the ...

Tags: Olympics, Brazil

CBF Del Nero Takes Steps To Cooperate

Brazilian Football Federation (CBF) President Marco Polo Del Nero left the FIFA Congress a day early to "return to Brazil" and handle the "crisis" at the CBF, according to MAQUINA DO ESPORTE. Del Nero's return "is directly linked" to the arrest of former President José Maria Marin . The ...

Tags: Brazil, International Football

FIFA: Indictment Claims Brazilian 'Bribes'

The football corruption investigations of the U.S. Department of Justice indicated that former Brazilian Football Federation (CBF) President José Maria Marin, one of Wednesday's arrested FIFA execs , "shared bribes" for the commercial rights of the Copa do Brasil with predecessor Ricardo T ...

Tags: International Football, Brazil

FIFA: CBF, American Sportswear Company Linked

The indictment of FIFA officials by a U.S. grand jury said that an unidentified sportswear company "bribed" a Brazilian football official for a sponsorship deal -- a deal that "seems to mirror one obtained by Nike," according to Townsend & Panja of BLOOMBERG. The indictment "refers to a U.S. c ...

Tags: International Football, Brazil

ESPN Acquires Rights To Serie A In Brazil

ESPN Int'l reached a broad multimedia rights agreement with Fox Sport Latin America to broadcast Serie A in Brazil, effective '15-16 through '17-18. Fox Sports secured the Lega Calcio rights via agency MP Silva. Under the agreement, ESPN and Fox Sports will divide the matches equally for Serie A. ES ...

Tags: Media, Brazil

Rio 2016 Pays Manaus An Inspection Visit

Members of the Rio 2016 organizing committee "paid a technical visit" on Tuesday to the Arena Amazônia in Manaus to inspect and analyze the structure "offered by the city for the Olympic football tournament," according to GLOBO ESPORTE. Rio 2016 members also "exchanged experiences with local p ...

Tags: Olympics, Brazil

Fluminense Settles 13 Late Salaries

This season has "not been easy" in terms of finances for Brasileiro side Fluminense as the club "paid 13 late player and employee salaries on Tuesday alone and it still owes" salaries for the month of April and two months of image rights to players, according to LANCEPRESS. After the loss of sponsor ...

Tags: Finance, Brazil

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