IBOV 175,707.73 ▼ 0.53% IPSA 11,036.77 ▲ 0.11% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,251,266 ▲ 0.68% COLCAP 2,294.60 ▼ 0.18% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.15% USD/MXN17.39▼ 0.20% USD/CLP924.99▼ 0.17% USD/COP3,219▼ 0.53% USD/PEN3.38▼ 0.26% USD/ARS1,474▲ 0.24% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.27▼ 0.05% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES723.93▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.72▲ 0.14% USD/TTD6.76▲ 1.32% EUR/BRL5.81▼ 0.81% BRENT 84.20 ▼ 0.63% WTI 78.89 ▼ 0.57% IRON ORE 161.91 — — COPPER 6.37 ▲ 0.60% GOLD 4,054 ▼ 0.18% SILVER 57.98 ▼ 1.35% SOY 1,195 ▼ 1.01% CORN 466.75 ▲ 7.61% WHEAT 676.00 ▲ 7.09% COFFEE 328.75 ▼ 2.51% SUGAR 14.81 ▼ 0.47% ORANGE JUICE 136.55 ▼ 2.64% COTTON 82.13 ▲ 3.18% COCOA 5,891 ▲ 4.08% BEEF 230.38 ▼ 0.45% CATTLE 344.20 ▼ 1.32% LITHIUM 70.64 ▼ 1.31% PETR4 40.30 ▼ 0.89% VALE3 74.42 ▲ 0.55% ITUB4 43.26 ▼ 0.85% BBDC4 18.54 ▼ 0.48% ABEV3 15.66 ▼ 0.95% BBAS3 20.66 ▲ 0.34% B3SA3 15.73 ▲ 2.61% WEGE3 43.83 ▼ 0.84% PRIO3 57.23 ▼ 0.59% SUZB3 41.44 ▲ 0.80% RENT3 40.45 ▼ 0.22% AZZA3 18.70 ▼ 0.80% CSAN3 3.85 ▼ 1.03% RAIZ4 0.31 — 0.00% PCAR3 2.29 ▼ 6.53% GMAT3 3.95 ▼ 0.25% PSSA3 55.22 ▲ 1.71% CVCB3 1.35 ▼ 2.17% POSI3 3.92 ▼ 1.75% SLCE3 13.53 ▼ 2.03% NATU3 8.56 ▲ 0.12% BRKM5 6.43 ▼ 5.86% RANI3 8.03 ▲ 0.25% CSNA3 5.17 ▼ 0.58% CMIN3 5.13 ▲ 0.59% USIM5 8.14 ▼ 1.09% GGBR4 24.13 ▲ 3.47% ENEV3 26.81 ▼ 1.33% CPFE3 46.88 ▼ 0.68% CMIG4 11.14 ▼ 0.54% EQTL3 40.63 ▼ 0.78% LREN3 14.15 ▼ 0.98% VIVT3 35.57 ▲ 0.14% RAIL3 14.01 ▼ 0.85% KLABIN 17.41 ▲ 0.52% RAIA DROGASIL 18.63 ▲ 0.16% RDOR3 36.11 ▲ 0.17% HAPV3 11.01 ▼ 1.61% FLRY3 16.49 ▲ 0.49% SMTO3 15.48 ▼ 3.97% UGPA3 30.37 ▲ 0.86% VBBR3 33.32 ▲ 0.06% BBSE3 40.62 ▲ 0.57% BPAC11 57.24 ▼ 1.23% CURY3 33.32 ▼ 0.80% AERI3 2.04 ▼ 1.45% VIVARA 23.32 ▼ 0.47% COMPASS 25.10 ▼ 0.40% VAMOS 3.08 ▼ 2.22% SANB11 27.13 ▼ 0.77% ASAI3 8.82 ▲ 1.85% SBSP3 30.12 ▼ 0.73% WALMEX 49.89 ▲ 1.26% GMEXICO 199.87 ▲ 0.16% FEMSA 226.33 ▼ 1.30% CEMEX 22.41 ▲ 0.95% GFNORTE 186.33 ▲ 0.08% BIMBO 57.55 ▲ 2.11% TELEVISA 9.60 ▲ 0.73% AMX 22.73 ▼ 0.53% GAP 394.77 ▼ 0.12% ASUR 283.10 ▲ 2.72% OMA 236.25 ▲ 0.52% KOF 178.76 ▼ 0.63% GRUMA 280.63 ▲ 0.44% KIMBER 38.76 ▲ 0.83% SQM-B 65,668 ▼ 3.29% COPEC 6,225 ▲ 0.24% BSANTANDER 77.69 ▼ 1.21% FALABELLA 5,858 ▼ 0.29% ENELAM 85.45 ▼ 0.35% CENCOSUD 2,050 ▲ 0.49% CMPC 1,087 ▼ 1.46% BANCO CHILE 187.60 ▼ 1.00% LATAM AIR 25.31 ▲ 1.65% YPF 77,550 ▼ 0.29% GGAL 8,065 ▲ 1.96% PAMPA 5,190 ▼ 0.76% TXAR 667.50 ▲ 0.83% ALUAR 954.00 ▲ 0.53% TGS 9,755 ▲ 0.46% CEPU 2,323 ▼ 0.17% MIRGOR 16,925 ▲ 1.04% COME 45.79 ▲ 0.09% LOMA NEGRA 3,585 ▲ 1.49% BYMA 304.50 ▲ 1.16% TELECOM ARG 4,340 ▲ 0.17% ECOPETROL 16.06 ▼ 0.62% BANCOLOMBIA 82.19 ▲ 0.11% GRUPO AVAL 5.03 ▲ 1.52% CREDICORP 397.33 ▲ 1.30% SOUTHERN COPPER 178.96 ▼ 1.88% BUENAVENTURA 30.45 ▼ 1.87% MERCADOLIBRE 1,849 ▼ 1.31% NUBANK 14.11 ▲ 0.82% XP 17.04 ▲ 1.01% PAGSEGURO 9.24 ▼ 0.48% STONE 11.30 — 0.00% GLOBANT 32.27 ▲ 4.35% TECNOGLASS 45.22 ▲ 2.24% GAP AIRPORT 226.75 ▲ 0.35% ASUR 283.10 ▲ 2.72% OMA AIRPORT 108.59 ▲ 0.88% AMX ADR 26.08 ▼ 0.40% FEMSA ADR 130.14 ▼ 2.28% CEMEX ADR 12.95 ▲ 1.13% PETROBRAS ADR 17.73 ▼ 1.06% VALE ADR 14.63 ▲ 0.24% ITAU ADR 8.50 ▼ 0.58% SANTANDER BR 5.38 ▼ 0.28% AMBEV ADR 3.06 ▼ 1.13% CSN 1.03 ▼ 0.49% GERDAU 4.77 ▲ 3.36% LATAM ADR 54.43 ▲ 1.72% BTC 65,124 ▲ 0.26% ETH 1,921 ▲ 1.69% SOL 77.72 ▼ 0.05% XRP 1.12 ▲ 0.84% BNB 579.34 ▼ 0.42% ADA 0.16 ▼ 0.44% DOGE 0.07 ▼ 0.31% AVAX 6.71 ▲ 0.19% LINK 8.50 ▲ 1.94% DOT 0.85 ▼ 0.20% LTC 45.48 ▲ 0.10% BCH 233.47 ▼ 1.28% TRX 0.33 ▲ 0.54% XLM 0.19 ▲ 1.00% HBAR 0.07 ▲ 0.79% NEAR 2.06 ▲ 2.78% ATOM 1.57 ▲ 0.51% AAVE 96.32 ▼ 2.59% SELIC 14.25% EMBRAER 81.43 ▼ 1.29% EMBRAER ADR 64.16 ▼ 1.16% JBS 12.06 ▲ 1.90% JBS BDR 61.11 ▲ 2.28% MBRF3 15.51 ▼ 3.60% MBRFY 3.04 ▼ 3.18% INTER 5.66 ▼ 0.70% IBOV 175,707.73 ▼ 0.53% IPSA 11,036.77 ▲ 0.11% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,251,266 ▲ 0.68% COLCAP 2,294.60 ▼ 0.18% BVL PERÚ 57,174.37 — — USD/BRL 5.08 ▲ 0.16% USD/MXN 17.39 ▼ 0.20% USD/CLP 924.99 ▼ 0.17% USD/COP 3,219 ▼ 0.53% USD/PEN 3.38 ▼ 0.26% USD/ARS 1,474 ▲ 0.24% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.27 ▼ 0.05% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 723.93 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.72 ▲ 0.14% USD/TTD 6.76 ▲ 1.32% EUR/BRL 5.81 ▼ 0.81% BRENT 84.20 ▼ 0.63% WTI 78.89 ▼ 0.57% IRON ORE 161.91 — — COPPER 6.37 ▲ 0.60% GOLD 4,054 ▼ 0.18% SILVER 57.98 ▼ 1.35% SOY 1,195 ▼ 1.01% CORN 466.75 ▲ 7.61% WHEAT 676.00 ▲ 7.09% COFFEE 328.75 ▼ 2.51% SUGAR 14.81 ▼ 0.47% ORANGE JUICE 136.55 ▼ 2.64% COTTON 82.13 ▲ 3.18% COCOA 5,891 ▲ 4.08% BEEF 230.38 ▼ 0.45% CATTLE 344.20 ▼ 1.32% LITHIUM 70.64 ▼ 1.31% PETR4 40.30 ▼ 0.89% VALE3 74.42 ▲ 0.55% ITUB4 43.26 ▼ 0.85% BBDC4 18.54 ▼ 0.48% ABEV3 15.66 ▼ 0.95% BBAS3 20.66 ▲ 0.34% B3SA3 15.73 ▲ 2.61% WEGE3 43.83 ▼ 0.84% PRIO3 57.23 ▼ 0.59% SUZB3 41.44 ▲ 0.80% RENT3 40.45 ▼ 0.22% AZZA3 18.70 ▼ 0.80% CSAN3 3.85 ▼ 1.03% RAIZ4 0.31 — 0.00% PCAR3 2.29 ▼ 6.53% GMAT3 3.95 ▼ 0.25% PSSA3 55.22 ▲ 1.71% CVCB3 1.35 ▼ 2.17% POSI3 3.92 ▼ 1.75% SLCE3 13.53 ▼ 2.03% NATU3 8.56 ▲ 0.12% BRKM5 6.43 ▼ 5.86% RANI3 8.03 ▲ 0.25% CSNA3 5.17 ▼ 0.58% CMIN3 5.13 ▲ 0.59% USIM5 8.14 ▼ 1.09% GGBR4 24.13 ▲ 3.47% ENEV3 26.81 ▼ 1.33% CPFE3 46.88 ▼ 0.68% CMIG4 11.14 ▼ 0.54% EQTL3 40.63 ▼ 0.78% LREN3 14.15 ▼ 0.98% VIVT3 35.57 ▲ 0.14% RAIL3 14.01 ▼ 0.85% KLABIN 17.41 ▲ 0.52% RAIA DROGASIL 18.63 ▲ 0.16% RDOR3 36.11 ▲ 0.17% HAPV3 11.01 ▼ 1.61% FLRY3 16.49 ▲ 0.49% SMTO3 15.48 ▼ 3.97% UGPA3 30.37 ▲ 0.86% VBBR3 33.32 ▲ 0.06% BBSE3 40.62 ▲ 0.57% BPAC11 57.24 ▼ 1.23% CURY3 33.32 ▼ 0.80% AERI3 2.04 ▼ 1.45% VIVARA 23.32 ▼ 0.47% COMPASS 25.10 ▼ 0.40% VAMOS 3.08 ▼ 2.22% SANB11 27.13 ▼ 0.77% ASAI3 8.82 ▲ 1.85% SBSP3 30.12 ▼ 0.73% WALMEX 49.89 ▲ 1.26% GMEXICO 199.87 ▲ 0.16% FEMSA 226.33 ▼ 1.30% CEMEX 22.41 ▲ 0.95% GFNORTE 186.33 ▲ 0.08% BIMBO 57.55 ▲ 2.11% TELEVISA 9.60 ▲ 0.73% AMX 22.73 ▼ 0.53% GAP 394.77 ▼ 0.12% ASUR 283.10 ▲ 2.72% OMA 236.25 ▲ 0.52% KOF 178.76 ▼ 0.63% GRUMA 280.63 ▲ 0.44% KIMBER 38.76 ▲ 0.83% SQM-B 65,668 ▼ 3.29% COPEC 6,225 ▲ 0.24% BSANTANDER 77.69 ▼ 1.21% FALABELLA 5,858 ▼ 0.29% ENELAM 85.45 ▼ 0.35% CENCOSUD 2,050 ▲ 0.49% CMPC 1,087 ▼ 1.46% BANCO CHILE 187.60 ▼ 1.00% LATAM AIR 25.31 ▲ 1.65% YPF 77,550 ▼ 0.29% GGAL 8,065 ▲ 1.96% PAMPA 5,190 ▼ 0.76% TXAR 667.50 ▲ 0.83% ALUAR 954.00 ▲ 0.53% TGS 9,755 ▲ 0.46% CEPU 2,323 ▼ 0.17% MIRGOR 16,925 ▲ 1.04% COME 45.79 ▲ 0.09% LOMA NEGRA 3,585 ▲ 1.49% BYMA 304.50 ▲ 1.16% TELECOM ARG 4,340 ▲ 0.17% ECOPETROL 16.06 ▼ 0.62% BANCOLOMBIA 82.19 ▲ 0.11% GRUPO AVAL 5.03 ▲ 1.52% CREDICORP 397.33 ▲ 1.30% SOUTHERN COPPER 178.96 ▼ 1.88% BUENAVENTURA 30.45 ▼ 1.87% MERCADOLIBRE 1,849 ▼ 1.31% NUBANK 14.11 ▲ 0.82% XP 17.04 ▲ 1.01% PAGSEGURO 9.24 ▼ 0.48% STONE 11.30 — 0.00% GLOBANT 32.27 ▲ 4.35% TECNOGLASS 45.22 ▲ 2.24% GAP AIRPORT 226.75 ▲ 0.35% ASUR 283.10 ▲ 2.72% OMA AIRPORT 108.59 ▲ 0.88% AMX ADR 26.08 ▼ 0.40% FEMSA ADR 130.14 ▼ 2.28% CEMEX ADR 12.95 ▲ 1.13% PETROBRAS ADR 17.73 ▼ 1.06% VALE ADR 14.63 ▲ 0.24% ITAU ADR 8.50 ▼ 0.58% SANTANDER BR 5.38 ▼ 0.28% AMBEV ADR 3.06 ▼ 1.13% CSN 1.03 ▼ 0.49% GERDAU 4.77 ▲ 3.36% LATAM ADR 54.43 ▲ 1.72% BTC 65,124 ▲ 0.26% ETH 1,921 ▲ 1.69% SOL 77.72 ▼ 0.05% XRP 1.12 ▲ 0.84% BNB 579.34 ▼ 0.42% ADA 0.16 ▼ 0.44% DOGE 0.07 ▼ 0.31% AVAX 6.71 ▲ 0.19% LINK 8.50 ▲ 1.94% DOT 0.85 ▼ 0.20% LTC 45.48 ▲ 0.10% BCH 233.47 ▼ 1.28% TRX 0.33 ▲ 0.54% XLM 0.19 ▲ 1.00% HBAR 0.07 ▲ 0.79% NEAR 2.06 ▲ 2.78% ATOM 1.57 ▲ 0.51% AAVE 96.32 ▼ 2.59% SELIC 14.25% EMBRAER 81.43 ▼ 1.29% EMBRAER ADR 64.16 ▼ 1.16% JBS 12.06 ▲ 1.90% JBS BDR 61.11 ▲ 2.28% MBRF3 15.51 ▼ 3.60% MBRFY 3.04 ▼ 3.18% INTER 5.66 ▼ 0.70%
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Difficulties Mount for 2014 World Cup

By · August 10, 2010 · 3 min read

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By Robbie Blakeley, Contributing Reporter

RIO DE JANEIRO – With the 2010 FIFA World Cup now firmly consigned to memory, and not a happy one for most Brazilians, focus in the country has shifted swiftly to their preparations for the 2014 event, when they host the championships for the first time since 1950.

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The most pressing issues are the current state of some of Brazil’s stadiums earmarked to host the biggest prize in football in four years time. Twelve cities are lined up for the sports’ biggest show in 46 months time; Belo Horizonte, Brasilia, Cuiaba, Curitiba, Fortaleza, Manaus, Natal, Porto Alegre, Recife, Salvador, São Paulo, and Rio de Janeiro. So far, however, not one of these has a stadium that is up to standard.

Major renovation works are needed on Belo Horizonte’s Minerão and Brasilia’s Mane Garrincha stadiums, and in Porto Alegre plans are underfoot not only to modernize Internacional’s Beira-Rio home ground, but the entire riverfront beside it. Meanwhile, stadiums in Recife, Natal, Curitiba and Cuiabá need to be built from scratch.

“From July 12th onwards, we [Brazil] will become the focus. We have to quicken our pace”,’ said Brazilian sports minister Orlando Silva. With the clock ticking, building work needs to start sooner rather than later, as the majority of the projects are looking at a two year time scale for completion.

By way of comparison, Wembley Stadium in London was closed in 2000 for a total rebuild and earmarked to be ready in 2003. In fact, full demolition did not even occur until 2003, and the revised opening date of May 2006 was further delayed until Spring 2007, when it finally hosted the FA Cup Final that year. Such are the huge delays that can be faced by public works projects but of course, in the case of the World Cup, delays are simply not acceptable.

The world famous Maracanã stadium in Rio where the 2014 final will be held was initially scheduled to be closed from July 2010 for a period of two to two and a half years for renovation works. The government announced the plan before the start of the 2010 Brasilerão Championship, meaning Flamengo and Fluminense would need to play home matches at Botafogo’s Engenhão or Vasco’s São Januario stadiums. Yet the Maracanã remains open, and there is no confirmed date for its closure.

The sheer volume of matches to be played means picking a time to close a major stadium will create countless obstacles. Rio has four teams competing in Série A, and to close a venue where two of those teams play their home games in the middle of the season would likely cause chaos. So the circus rumbles on with no indication of when the Maracanã will be able to be renovated.

Such problems stretch far beyond Rio de Janeiro, however. In May The Rio Times reported that work on São Paulo’s Morumbí stadium was already underway, but the CBF – Brazil’s Football Federation – have now cast it off the list of potential World Cup venues. City ministers are currently speculating which foot to put forward, but no firm decision has been taken.

“At times like this you have to hit the hammer. The worst thing is doubt. Maybe you won’t make the best decision but you have to decide,” urged minister Marcio Fortes.

With so much work still to be done, it is possible the number of host cities will be cut from twelve to ten, with São Paulo one potential casualty, an unthinkable idea for Brazil’s biggest city when their bid was accepted and still one surely that will not come to pass.

Yet the light at the end of the tunnel should only be seen once the World Cup party has disbanded. With money being pumped into new stadiums which will rival some of Europe’s biggest names, a great Brazilian legacy can and probably will be left behind. In Porto Alegre, the idea of Internacional and Gremio sharing the renovated Beira Rio, and other grounds in relative football backwaters like Brasilia and Natal being used for other sporting events will mean all the work will not just be for a four week football frenzy. This, and of course a successful tournament, are the goals, but just for now they seem some way off still.

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