WHAT CHANGES FOR DOUBLE FLA-FLU WITH DEFINITIVE MANAGEMENT OF MARACANÃ

The government of the State of Rio approved the victory of the consortium of Flamengo and Fluminense for the concession of Maracanã for 20 years. The two clubs are already the provisional managers of the stadium, but there will be significant changes with the new status of both.

First, with approval, Flamengo and Fluminense have 60 days to create an SPE (Special Purpose Company ) to manage Maracanã. It will be this company that will sign the contract with the State government.

The company will have 65% participation from the red-black club and 35% from the tricolor association. In other words, this will be the division of income and expenses. Currently, the bills were divided fifty-fifty.

And what are the plans? What changes at the stadium?

The stadium management is still studying the first steps. But the plan is to carry out civil and electrical reforms at Maracanã in the first year. According to the proposal made in the bidding, there will be R$392.8 million in works over the 20 years. But the heaviest investment will be in the first year.

The first season will be marked by an expenditure of R$58.8 million. In total, more than R$180 million will be invested in the first three years. There are some areas with more costs: construction of the Football Museum in the glass tower, civil restoration works, recovery of the electronic part of the stadium and repairs to the roof.

The Museum costs R$ 44 million and expected to be completed in three years of management. It will operate in the stadium's Glass Tower, and the intention is to include it in the city's tourism itinerary. According to the plan, there will be an interactive experience with your feet on the Walk of Fame, a simulation of scoring a goal at Maracanã and the history of the four big clubs.

Another point that has already been applied is the planting of lawns on a farm for replacement. There will also be replacement of the stadium's partitions to make it easier for fans to see.

To cover this cost, the stadium's revenue was around R$ 100 million between boxes (almost half of the total), sponsorship and visits . There is the expectation that, with the definitive concession, contracts may be longer and larger, due to legal certainty. Therefore, it would increase revenue. Furthermore, the Museum represents a new line of income.

In addition to the works, the revenue has to pay for the maintenance of the stadium and pay the grant, around R$ 20 million, to the State government .

Under the bidding rule, Flamengo and Fluminense will have to continue to give Vasco access to play on equal terms. But the rent, which is also paid by the two managing clubs, is one of the stadium's sources of revenue.