Agencies make Maracanã proposal

The Bravo Live, Time for Fun and Golden Goal agencies have made a proposal to the state government of Rio de Janeiro to manage the iconic Maracanã stadium for a period of 180 days.

The Maquina do Esporte website reports that the companies have offered to provide the state government advice until a new bidding process is opened for a permanent operator.

Last week, the state government in Rio announced that it had annulled a contract with the stadium’s private administrators, allowing it to regain control of the facility.

In a statement published at the time, the government said the state is owed around BRL38m (£7.4m/€8.7m/$9.8m) by Maracanã SA, which is led by the Odebrecht conglomerate.

Odebrecht has become embroiled in Brazil’s Operation Car Wash corruption investigation, leading to the arrest of its chief executive and other senior officials. Maracanã SA’s contract with the government was subsequently investigated by Rio’s state legislature, which led to last week’s announcement.

Maquina do Esporte reports that Bravo Live, Time for Fun and Golden Goal have shown an interest in working with Rio-based football clubs on the management of the 78,000-seat stadium, which served as the centrepiece of the 2014 FIFA World Cup in Brazil.

Bravo Live currently manages São Paulo’s Allianz Parque stadium, home of Palmeiras. Golden Goal has been involved with the Maracanã in the past through work with Flamengo and Fluminense, while Time for Fun specialises in the entertainment market across Latin America.

Image: Leandro Neumann Ciuffo