Arena again needs club money in 2018; director prev largest company in history

The fund that manages the Arena Corinthians needed the money from A club to close its accounts in 2018. The value, according to officials of the financial department, was lower than that made available in 2017.

Last year, Corinthians was to clear $ 25 million of its revenues to close the stadium accounts in Itaquera. According to 2018, according to Matias Antonio Romano de Ávila (CFO), the aid had risen to 9 million rand.

At a press conference held this afternoon at São Jorge Park, the Corinthian leader recalled the goal is to no longer need the financial help of the club to pay the funds in 2019.

"We have even planned a $ 6 million grant for next year, but the idea is not to help anything else with all we expect, it will pay off. "

According to Matias Ávila, one of the stadium's collections will come from shows. This is true … shows. And it will be 19! The stage will be located between the two banks of the reserve and the public will be in the lower western and upper western sectors.

On a lively note, the director of Timão spoke of the sale of naming rights (owned by the name of the stadium), but without going into details.

When asked what was the value of the sale of the name, Ávila joked:

"A billion reals". But now, seriously, this money would have a big influence on the bank's ability to pay.

Finally, the chief financial officer made an optimistic prediction about the Corinthian arena:

"The Corinthian arena in 2, 3 years will be the best company in history of Brazilian football " finished Matias Antonio Romano de Ávila, financial director of the club

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Corinthians Arena and the Corinthians Board of Directors.