Let’s create a savings plan so that at the right time you can decide whether and how to build the stadium. The next step is for Naturgy to leave the land, it could leave within four years. We hope it happens as quickly as possible. We can only do deeper decontamination (of the land) when they leave Bap
The FGTS Board of Trustees also indicated that Flamengo will have to pay an additional R$23.6 million, divided into five annual installments with due monetary correction. Although the agreement was signed last year, the draft underwent technical adjustments in September. The club paid R$138,195,000.00 in an auction held in July 2024.
Bap Management wants to reduce costs
In August, Rubro-Negro reached an agreement with the City of Rio de Janeiro to “extend the deadlines necessary for the execution of the project” for its own stadium. At the time, the club indicated that it would continue the feasibility and development studies of the project. Such assessments began at the beginning of the year and “promoted technical and economic assessments, conducted by specialized companies and consultancies.”
Initially, the board headed by Rodolfo Landim prepared a budget that provided for R$1.9 billion to build a stadium with a capacity of close to 80,000. The new management, however, indicated to the Deliberative Council other adaptations to the project to reduce costs. Among them, a reduction in capacity by six thousand seats: the new number is 72 thousand people.
Furthermore, the giant screen would be removed from the project, which would result in a cost reduction of R$200 million. Obligations for works in the surrounding area made with the city of Rio would also have a cut to reduce the final value.
