Archive for the ‘Olympics’ Category

Brazil World Cup Puzzle Is What to Do With Stadiums at End

June 14, 2013

Anticipation in Brazil for next year’s World Cup is being subdued by concern over what to do with many of the 12 stadiums hosting matches after soccer’s biggest tournament ends.

Delays and cost overruns mean that by the time the first ball is kicked in just under a year, the bill for the new and refurbished venues probably will exceed the government’s latest estimate of 7 billion reais ($3.3 billion). Including urban construction, Brazil is spending 30 billion reais on World Cup projects.