"In the worst case, it should rise to 650 million R $"

Strong Man behind the Corinthians Arena, Luis Paulo Rosenberg presented a new panorama of Timão's debt near the stadium, the opening stage of the 2014 World Cup. According to the official, the club should, "in the worst case", be around 650 million from R $ . The debit comes from the funding obtained from the Caixa Econômica Federal for the construction of the company.

Also marketing director in Corinth, Rosenberg celebrated 2019 for the Arena. He confirmed that he was able to advance in negotiations with Caixa for the purpose of a redevelopment of the stadium commercial contract by initiating modifications in "concessions given that we think they can be better negotiated. " The next step, according to him, is to negotiate with Odebrecht, a contractor from the arena.

"It was a very productive year, we have done almost everything. Reinforce arena revenues, reduce costs, attract more activities I think that 2019 will be a year of great joy for Corinthians fans, especially in the marketing aspect, "said Rosenberg in an interview granted to Radio Bandeirantes granted on Sunday.

stadium financial institution, as well as discounting the club's debt, the president recalled that all arenas built for the World Cup in Brazil were funded through the National Bank for Economic and Social Development (BNDES)

"It's very simple.This stadium was built with two sources of funding: one, ready for all stages of the World Cup, ProCopa the BNDES money that Corinthians has pbaded through Caixa Econômica, and the additional funding to make it a CIDA-funded Copa stadium, the certificates certified by the city for more than 20 years to date. large investments in the East Zone. "

Money gives between 450 and 500 million euros. Odebrecht funding, when you differentiate between what has been spent and what CIDS is worth, gives you something between zero and 120 million. This is the discussion of Corinthians, "he commented."
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It is possible to say at least that Corinthians and Caixa had again some harmony, which n & rsquo; Did not exist past recent. Both the club and the state bank agreed to reduce the amount of funding in December and January, as revealed My Timon last week.

Rosenberg said he still did not understand why there was. who says that the stadium's debt exceeds one billion reais – oddly enough, the figure was mentioned by the president of Corinthians, Andrés Sanchez, of which Luis Paulo is a right-hand man. In February, at the first press conference following the elections, Andrés declared that "counting everything, our debt to the Arena raises to 1.17 billion rubles" .

"The stadium belongs to Corinthians, it is funded in ten years.It finished paying the installments and therefore has no financial burden, the arena is entirely of Corinthians.I do not know why they create so much romance around him: "Ah, Corinthians must 1.5 billion, 1.2 billion …", added the economist.

Corinthians Arena, Luis Paulo Rosenberg and the council of Administration of Corinthians.