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At €2.7bn, 12 Brazilian stadiums cost 45% more than projected

At 8.4bn reais (€2.7bn), the 12 host stadiums for the 2014 World Cup cost 45% more than foreseen by the CBF (Brazilian Football Confederation) when it disclosed the list of host cities on 31/05/2009. The CBF had then expected a total cost of 5.7bn reais (€1.9bn).The CBF had estimated "$1.1bn…
Domain(s): Public Authorities & Regulations
• Category(ies): Finance, Stadiums
• Article # 19716
• Published on 23/05/14 at 19:12
Per-seat stadium construction cost €4,256 for 2014 World Cup

The per-seat stadium construction cost was €4,256 for the 2014 World Cup, more than for the European Championship in 2016 (€3,423) and the 2006 World Cup in Germany (€2,182). The cost of the Mane Garrincha stadium in Brasilia (€528m) had a large impact on the Brazilian average. The per-seat cost…
Domain(s): Public Authorities & Regulations
• Category(ies): Stadiums
• Article # 19730
• Published on 23/05/14 at 19:11
The 12 stadiums of the 2014 World Cup in Brazil

The construction of seven stadiums and the renovation of five represent an investment of 8.4bn reais (€2.7bn) for Brazil, host of the 20th World Cup from 12/06 to 13/07/2014. The Brazilian government has largely financed the modernisation of the stadiums; 90% of the money spent comes from various…
Domain(s): Public Authorities & Regulations
• Category(ies): Stadiums
• Article # 19715
• Published on 23/05/14 at 19:11
Andreas Jung re-elected president of VSA, the German sports sponsorship association

Andreas Jung was elected president of the VSA (Vereinigung Sportsponsoring-Anbieter, the German sports sponsorship association) on 22/05/2014 for a term of two years. He has held this position since the creation of VSA on 10/05/2012. The German has also been a member of the board of Bayern Munich…
Domain(s): Sponsors & Partners
• Category(ies): Authorities, Marketing - Communication
• Article # 19653
• Published on 23/05/14 at 17:14
©  IRIS
IRIS: "Brazil is the world's most football-influenced country" (Zaluar, Embassy of Brazil)

"Brazil, a less-than-200-year-old nation-state, is the world's most football-influenced country," said Achilles Zaluar, the minister-counsellor and deputy head of the mission at the Brazilian embassy in France, during the panel discussion "Sport: A Geopolitical Issue?", which was organised by the…
Domain(s): Public Authorities & Regulations
• Category(ies): Legal, Marketing - Communication, Social Responsibility
• Article # 19605
• Published on 23/05/14 at 16:59
Financial fair play: Sums withheld by UEFA from sanctioned clubs will be redistributed

The money withheld from clubs that were sanctioned for non-compliance of financial fair play will not be retained by UEFA (Union of European Football Associations), but will rather be redistributed, an UEFA source told News Tank on 22/05/2014. Paris Saint-Germain (Ligue 1) and Manchester City…
Domain(s): Public Authorities & Regulations
• Category(ies): Clubs, Finance, Legal, …
• Article # 19637
• Published on 23/05/14 at 15:39
Netherlands: KNVB wants video refereeing technology beginning with 2014-15 season

KNVB (Royal Dutch Football Association) wants to make use of video refereeing technology (also known as instant replay, or video replay technology) beginning in 2014-15, the association announced on 20/05/2014. The technology will be used only for certain Netherlands Cup and reserve team matches…
Domain(s): Public Authorities & Regulations
• Category(ies): Digital, Legal, Social Responsibility
• Article # 19581
• Published on 23/05/14 at 14:20
MLS: San Jose Earthquakes become first football club to accept virtual currency bitcoin

The San Jose Earthquakes, an MLS (Major League Soccer, North America) franchise have become the first professional football team to accept the virtual currency bitcoin for tickets, merchandise and concessions at their stadium (Buck Shaw Stadium, capacity 10,525), the team announced on 19/05/2014…
Domain(s): Clubs
• Category(ies): Ticketing, Digital, Finance, …
• Article # 19601
• Published on 23/05/14 at 11:42
©  USSF
2026 World Cup: "Maybe, we’ll bid ... we’re not going to bid unless the rules change" (Gulati, USA)

Concerning a potential candidacy by the United States to host the 2026 World Cup, "maybe, we’ll bid ... we’re not going to bid unless the rules of the game are changed," said Sunil Gulati, 53, president of the USSF (U.S. Soccer Federation) and a member of the Executive Committee of FIFA…
Domain(s): Public Authorities & Regulations
• Category(ies): Legal, Marketing - Communication, Social Responsibility
• Article # 19564
• Published on 22/05/14 at 19:16
©  PSG
Paris SG to play in Hong Kong, then Trophée des champions in Beijing

Paris Saint-Germain (Ligue 1) will play a friendly match against Kitchee SC (winner of the 2013-14 Hong Kong Championship) at Hong Kong Stadium (capacity 40,000) on 29/07/2014. This match is part of Paris Saint-Germain's summer Asian tour from late July to early August in China, Hong Kong and…
Domain(s): Clubs
• Category(ies): Stadiums, Marketing - Communication
• Article # 19525
• Published on 22/05/14 at 18:59