Archive for the ‘World Cup’ Category

World Cup Billionaire Stirs Brazil Protests Over Stadiums

July 10, 2013

Cesar Mata Pires represents everything protesters in Brazil detest.

A file photo from 1990 shows OAS SA Chief Executive Officer Cesar Mata Pires. OAS’s construction arm accounts for three quarters of its business and Mata Pires’s 90 percent stake in the division is valued at $3.6 billion, according to data compiled by Bloomberg. Source: Artur Ikishima/Editora Abril via Bloomberg

When demonstrators across the country swarmed new World Cup soccer stadiums last month amid a haze of tear gas and rubber bullets, one placard punctuated their anger over the government’s decision to finance the arenas at the expense of taxpayers, which enriched a handful of well-connected tycoons while neglecting public services.

The sign, which said “The $ for Education Went to OAS,” took aim at the construction company owned by Mata Pires, which has emerged as one of the biggest winners in the building boom leading up to the World Cup and the 2016 Olympics. It also has made its 63-year-old chief executive a billionaire. (more…)


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.

Blatter backs professional refs for 2014 World Cup

August 29, 2010

ULRICHEN, Switzerland — FIFA president Sepp Blatter says only full-time professional referees should be chosen to work at the next World Cup.

Blatter tells The Associated Press that improving the standards of elite referees is a top priority in the coming months, and until the 2014 finals in Brazil, if he is chosen next June to lead FIFA for a fourth four-year term.

Blatter says: “You can’t have nonprofessional referees in professional football.”

His call for change follows high-profile errors by referees at the World Cup in South Africa, where just two of the 30 selected for FIFA duty listed refereeing as their full-time job.

Blatter says he’ll reveal a detailed review of training for top-level referees in October.

The Associated Press.