Brazil: Caixa bank extends with Corinthians until the end of the 2014 season

Brazilian bank Caixa Economica Federal has extended its contract with Corinthians (Brazilian Serie A) until the end of the 2014 season, the club announced on 08/02/2014.

The bank has been the main shirt sponsor of the Sao Paulo-based club since the 2012 season. The agreement is estimated at €9.1m for the 2014 season.

Caixa will continue to benefit from visibility on the advertising boards during matches at the Arena Corinthians (65,800 seats) from mid-April 2014. The stadium is also set to host the opening match of the 2014 World Cup, Brazil - Croatia (group A), on 12/06/2014. The bank will also use the image of the club for its own advertising campaigns.

• The U.S. sportswear supplier, Nike, launched a third Corinthians kit in the colours of the Seleçao on 04/02/2014.

Arena Corinthians:

• The collapse of a crane lifting a portion of the roof, weighing 420 tonnes, caused the death of two workers on 27/11/2013 and inflicted damage to part of the Arena Corinthians that was under construction. 
• The Brazilian government estimated on 04/12/2013 that the stadium in Sao Paulo would be…