FIFA is giving Brazil $100 million after the country spent $15 billion on the World Cup

January 21, 2015

Stephen Wade – AP/Business Insider, 01/20/2015

Football’s world governing body FIFA said Tuesday it had set up a $100 million World Cup Legacy Fund for Brazil, aimed at sports facilities, youth and women’s football, and medical and health projects.

FIFA President Sepp Blatter pledged two years ago to give some of the revenue from the 2014 World Cup back to grassroots programs in the South American country, which spent about $15 billion organizing last year’s World Cup.

Spending on the Rio de Janeiro 2016 Olympics is expected to top $15 billion.

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Brazil: Rio announces 2016 Olympics ticket sales programme

January 16, 2015

BBC, 01/15/2014

Organisers of the Rio de Janeiro Olympics have announced details of its ticket programme for the 2016 Games.

Seventy percent of tickets will be reserved for residents of Brazil, said the Rio Committee.

Fans can register online now, but sales will begin in March. The first results of the draw will be announced in June.

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Petrobras scam allegations weigh on Brazil as blacklist fears rise

November 25, 2014

Joe Leahy – Financial Times, 11/24/2014

When black money market dealer Alberto Youssef was arrested by police in March, he was carrying seven mobile phones with another 30 in a desk in his office, an officer involved in the case said.

The reason the jailed conspirator in what is emerging as Brazil’s biggest corruption scandal might have needed so many phones is becoming clearer after police this month raided the offices of Brazil’s major construction companies, arresting scores of officials and executives in the process.

The builders being investigated in the scam, in which Mr Youssef allegedly co-operated with former Petrobras director Paulo Roberto Costa to skim billions of dollars off the state-owned oil company to pay kickbacks to politicians, are responsible for much of Brazil’s infrastructure projects, from airports and nuclear submarine bases to stadiums for the 2016 Olympics.

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Brazil President Dilma Rousseff, in a close race for re-election, to tour Rio Olympic venues

September 30, 2014

Associated Press – Fox News, 09/30/2014

Brazil President Dilma Rousseff, in a close race for re-election, is touring the main venue for Rio de Janeiro’s 2016 Olympic Games with voting just days away.

Local organizing committee officials say Rousseff will visit the site of the Olympic Park on Tuesday with Rio Mayor Eduardo Paes and International Olympic Committee inspectors in town checking progress on the venue construction, which has been slow getting started but now appears to be moving at a quicker pace.

Brazil is spending about $20 billion to prepare the city for the games, a mix of private and public money.

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Brazil: new project to clean Olympic waters

September 3, 2014

Jenny Barchfield – Associated Press, 09/02/2014

Rio de Janeiro officials on Tuesday unveiled a new sanitation project that aims to eliminate the stain of raw sewage defiling the waters of Rio de Janeiro’s Gloria Marina, where the 2016 Olympic sailing events are to be held.

Under the agreement, Rio’s state government is building a 1-kilometer- (0.62-mile-) long pipeline in the city’s Flamengo neighborhood to stem the flow of raw sewage into the Marina. The $6.2 million project will connect area rainwater collectors with a sewage treatment center in the Ipanema Beach area.

More than half of the sewage in this city of 12 million goes untreated, meaning that collected rainwater is often contaminated with raw sewage. More than 10,000 liters of raw sewage flows each second into most of Rio’s waterways, from the massive Guanabara Bay, where the Gloria Marina is located, to its beaches and lagoons.

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U.S. World Cup Love Prompts Brazil to Shift Olympic Ads

August 28, 2014

Bill Faries – Bloomberg, 8/28/2014

American enthusiasm for soccer’s World Cup prompted Brazil to shift more of its advertising toward the U.S. ahead of the 2016 Olympics in Rio de Janeiro, the head of Brazil’s tourism agency Embratur said.

U.S. citizens represented just over 10 percent of the 1.04 million foreign visitors to Brazil during the month long tournament that ended July 13, Embratur President Vicente Neto said in an interview. That made the U.S. the second-biggest source of foreign fans after neighboring Argentina, whose team made it to the final against Germany.

“It exceeded all our expectations,” Neto said in Miami last week. “We’re expecting that to be the same with the Olympics, given the U.S. history and participation in the Games.”

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Rio 2016 Head Says Olympics Won’t Repeat World Cup Pains

August 5, 2014

Tariq Panja – Bloomberg, 8/4/2014

After delays and cost overruns marred the buildup to the soccer World Cup in Brazil, the head of the country’s effort to host the 2016 Summer Olympics says the goal is to show a different image to the world.

Brazil hosted the month-long World Cup without any major hitches, with spectators packing stadiums to watch a tournament that featured high-scoring games and drama all the way to Germany’s 1-0 win against Argentina in the championship match at Rio de Janeiro’s Maracana stadium on July 13. What preceded the event was far less smooth, however.

Almost every one of the 12 stadiums being used for the $11 billion tournament ended up being over budget and missed deadlines for completion, including the Sao Paulo Arena that was still being painted on the day it hosted the tournament opener on June 12. That embarrassed Brazil and raised fears about what kind of event athletes and visitors will witness when Rio hosts the Olympics in exactly two years.

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