IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.17▼ 0.22% USD/MXN16.98▼ 0.10% USD/CLP938.58▲ 0.46% USD/COP3,220▲ 0.58% USD/PEN3.36▼ 0.15% USD/ARS1,513▲ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.85▲ 2.00% USD/DOP58.61▲ 0.46% USD/CRC447.35▲ 1.29% USD/GTQ7.62▼ 0.02% USD/HNL26.84▲ 1.13% USD/NIO36.62▲ 0.14% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.00▼ 0.22% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Tuesday, September 1, 2026

Rio’s Flamengo May Not Play at Maracanã Stadium in 2017

By · December 22, 2016 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Fans of the Flamengo football (soccer) club, one of the most popular in Brazil if not the world, are still waiting to see if their team will return to the city’s iconic Maracanã Stadium in 2017.

Flamengo in Maracanã, Rio de Janeiro, Brazil, Brazil News
Flamengo football (soccer) club is threatening to not play at the Maracanã Stadium in 2017, photo by Flamengo/Divulgação.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American culture, food and life.
Open the full Ask Rio Times →

Dispute over who is taking management of the stadium has continued, and Tuesday (December 20th), club President Eduardo Bandeira de Mello reinforced they would play elsewhere if an agreement was not met.

Bandeira said in an interview with SporTV, “[…] if Maracanã is handed over to operators, who want to force Flamengo to play in order to benefit from some contract that is damaging to our interests, we have already warned that we will not play in Maracanã and we will seek other solutions.”

Interested in taking on the task of management along with partners, the Rubro-Negro reiterating its position of not playing games in the stadium depending on who to assume control.

The official statement from the organization said, “Just a few days after the end of the year, the Rio de Janeiro State Government has not yet defined the future of the stadium, leaving the clubs and the entire population of Rio de Janeiro responsible for financing numerous renovations, not knowing when and how to enjoy the stadium again.”

The statement goes on to say, “In this scenario of uncertainty, Flamengo highlights points of extreme relevance and points out the reasons why it opposes a partnership with LU Arenas (Largardère/BWA) and with FERJ [Federação de Futebol do Estado do Rio de Janeiro, or Rio de Janeiro State Football Federation].”

According to SportTV, the desire of Flamengo is that the stadium be administered by the English group CSM, which delivered a proposal in November to the state government of Rio de Janeiro to manage the site. The company also has an agreement with Fluminense, for which Tricolor sends its matches in the Maracanã.

Due to the uncertainty over the use of Maracanã, after the consortium led by Odebrecht has given up managing the site, Flamengo is studying designs to set up bleachers for the Luso-Brasileiro, on Ilha do Governador. The Portuguesa football club stadium was used by Botafogo during the Campeonato Brasileiro.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.