The Business of Events Management
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The Business of Events Management
An Events Management news resource designed to support the textbook edited by John Beech, Sebastian Kaiser and Robert Kaspar and published by Pearson Education. See also http://tinyurl.com/TBOSM for Sports Management news.  Using the TAGS below is strongly recommended.
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Rio’s Olympic stadium left to rot

Rio’s Olympic stadium left to rot | The Business of Events Management | Scoop.it
THE iconic Maracana Stadium sits in a state of ruin — the broken legacy of the Brazil World Cup and Rio Olympics.
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Official: Brazil fabricated charges against Whelan of 2014 World Cup ticket touting

Official: Brazil fabricated charges against Whelan of 2014 World Cup ticket touting | The Business of Events Management | Scoop.it
By Andrew Warshaw
December 5 – The “unwarranted criminal compliant” brought by Brazilian authorities during the latter stages of the 2014 World Cup against British ticket and hospitality consultant Ray Whelan has “officially closed in its entirety” according to his employers.
A statement issued by the Byrom Group of companies, including MATCH Services AG and MATCH Hospitality AG, made the announcement just as Whelan gave an exclusive interview to Insideworldfootball about his ordeal which made global headlines at the time. Read more …
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Brazil probe finds systematic Odebrecht graft, World Cup links

Brazil probe finds systematic Odebrecht graft, World Cup links | The Business of Events Management | Scoop.it
Brazilian prosecutors on Tuesday said they had uncovered systematic corruption at engineering conglomerate Odebrecht, with an office that paid bribes on work for state-run oil firm Petrobras, World Cup soccer stadiums and other projects.
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Fifa reveals viewing figures for 2014 World Cup

Fifa reveals viewing figures for 2014 World Cup | The Business of Events Management | Scoop.it
More than one billion fans tuned in to watch the final of football’s 2014 World Cup in Brazil, according to Fifa, the sport’s global governing body.
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Brazil 2014 legacy on shifting foundation as eight stadia struggle to survive

Brazil 2014 legacy on shifting foundation as eight stadia struggle to survive | The Business of Events Management | Scoop.it
The 2014 World Cup did not only bring tears to Brazil on the field, but a year later the tournament has left a questionable legacy.
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Exclusive: Europe's contribution to World Cup TV revenue falls below 50%

Exclusive: Europe's contribution to World Cup TV revenue falls below 50% | The Business of Events Management | Scoop.it
A 20% jump in income from its Asia and North Africa region enabled FIFA to generate marginally more TV revenue from the 2014 World Cup than the previous edition in South Africa. This was in spite of a near 10% decline in revenue from the key European region.
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Corinthians chase €12.6m Sao Paulo city cash promise for stadium build - Inside World Football

Corinthians chase €12.6m Sao Paulo city cash promise for stadium build - Inside World Football | The Business of Events Management | Scoop.it
Corinthians and the city of Sao Paulo are at odds over a development incentive certificate (DIC) for the Arena Corinthians, worth €12.6 million.
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Brazil's $3 Billion World Cup Stadiums Are Turning Into White Elephants 6 Months Later

Brazil's $3 Billion World Cup Stadiums Are Turning Into White Elephants 6 Months Later | The Business of Events Management | Scoop.it
The Arena Amazonia has only had 11 events.
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Brazil World Cup stadiums 50 percent over budget - report

Brazil World Cup stadiums 50 percent over budget - report | The Business of Events Management | Scoop.it
By Andrew Downie SAO PAULO (Reuters) - The 12 stadiums used in this year's football World Cup cost 50 percent more than planned and only six of the 35 promised public transportation projects were finished on time, according to an as yet unpublished report from Brazil's Federal Accounts Court. Twelve arenas were remodelled or built from scratch at a cost of 8.44 billion reais (2 billion pounds), the court said in its most thorough report on World Cup spending since the tournament ended in July. The original estimate in 2010 was 5.6 billion. ...
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Big drop in business travel on Brazil World Cup air routes

Big drop in business travel on Brazil World Cup air routes | The Business of Events Management | Scoop.it
Description: One million extra seats sold but revenues down, says study, Author: Ray Montgomery - TravelMole Media Group LLC, Publish Date: 06 October 2014, Image: , Category: Travel News
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Sepp Blatter pledges $100M to Brazil after unrest

Sepp Blatter pledges $100M to Brazil after unrest | The Business of Events Management | Scoop.it
RIO DE JANEIRO (AP) — FIFA President Sepp Blatter has responded to protesters criticizing the high cost of staging the World Cup in Brazil by pledging to give at least $100 million from profits back to the country. Soccer's…
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30% think Nike was an Official World Cup sponsor

30% think Nike was an Official World Cup sponsor | The Business of Events Management | Scoop.it
A newly published survey of UK, US and Brazilian consumers finds that Coca-Cola, McDonald's, Visa and Adidas were the most recognised sponsors of the World Cup in Brazil, achieving recognition among 50%, 39%, 41% and 36% respectively, amongst UK, US and Brazilian consumers.
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FIFA Hits Records on Digital Platforms for World Cup Engagement

FIFA Hits Records on Digital Platforms for World Cup Engagement | The Business of Events Management | Scoop.it
FIFA Hits Records on Digital Platforms for World Cup Engagement
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Brazil’s crumbling World Cup legacy. Arena Corinthians in a (w)hole lot of trouble - Inside World Football

Brazil’s crumbling World Cup legacy. Arena Corinthians in a (w)hole lot of trouble - Inside World Football | The Business of Events Management | Scoop.it
By Samindra Kunti
November 15 – The Arena Corinthians, the World Cup showcase stadium in Sao Paulo that became the home of reigning Brazilian champions Corinthians, is facing severe structural damage due to a massive water leak beneath the facility. The condition may threaten the sustainable use of the venue and again questions the legacy of the 2014 World Cup in Brazil. 
Brazilian newspaper Folha de São Paulo first reported the problem alleging that the water leak, Read more …
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FIFA holds back $92m of World Cup 'legacy' cash from Brazil

FIFA holds back $92m of World Cup 'legacy' cash from Brazil | The Business of Events Management | Scoop.it
FIFA is suspending further transfers from a World Cup legacy fund to Brazil pending further talks with the Brazilian federation, the CBF. Brazil has only received $8.7 million from the fund 17 months after the most profitable World Cup in history.
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2014 legacy: Corinthians battle to finish and fund Arena

2014 legacy: Corinthians battle to finish and fund Arena | The Business of Events Management | Scoop.it
2014 legacy: Corinthians battle to finish and fund Arena
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World Cup leaves Brazil with bus depots and empty stadiums

World Cup leaves Brazil with bus depots and empty stadiums | The Business of Events Management | Scoop.it
Since exiting their own World Cup in unforgettably humiliating fashion, hammered 7-1 by eventual champions Germany, Brazil have recovered a degree of self-esteem with seven successive victories, most recently a 3-1 win over France on Thursday.
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World Cup powers Fifa’s finances as ECA hails new accord

World Cup powers Fifa’s finances as ECA hails new accord | The Business of Events Management | Scoop.it
The commercial power of the Fifa World Cup has resulted in record revenues of $2.096bn (€1.9bn) for 2014 and $5.718bn for the four-year period spanning 2011-14, as world football’s governing body today (Friday) revealed details of a significantly increased financial package with the European Club Association (ECA).
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World Cup legacy failure as Cuiaba stadium is shut for repair

World Cup legacy failure as Cuiaba stadium is shut for repair | The Business of Events Management | Scoop.it
Just seven months after hosting four World Cup matches, Cuiaba's Arena Pantanal stadium, is being closed for "emergency repairs".
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World Cup makes way for white elephants

World Cup makes way for white elephants | The Business of Events Management | Scoop.it
The circus has long gone but the scars have not. Six months on from the Brazil World Cup, football wastelands pockmark the country, each with empty cathedrals to excess and greed. If only it hadn’t all been so predictable.
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Fifa and CBF seal MoU for World Cup legacy plans

Fifa and CBF seal MoU for World Cup legacy plans | The Business of Events Management | Scoop.it
The Brazilian Football Confederation (CBF) has signed a Memorandum of Understanding (MoU) with world football’s governing body Fifa regarding the implementation of the legacy fund for the South American country’s hosting of the 2014 World Cup.
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Brazil 2014 set records in several key TV markets - FIFA

Brazil 2014 set records in several key TV markets - FIFA | The Business of Events Management | Scoop.it
Viewing figures for this year's FIFA World Cup in Brazil set records in several key football markets, Niclas Ericson, FIFA's director of TV, has told the Sportel Convention in Monaco.
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FIFA Generated $2 Billion Profit From 2014 World Cup In Brazil, Says Report

FIFA Generated $2 Billion Profit From 2014 World Cup In Brazil, Says Report | The Business of Events Management | Scoop.it
From the 2014 FIFA World Cup, FIFA generated $4.4 billion in revenue and $2 billion profit, which are record numbers for the world soccer's governing body, according to a report by German business newspaper Handelsblatt. The revenue figure of $4.4 billion is an increase from the $4 billion generated from the 2010 World Cup in…
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World Cup 2014: Ray Whelan hands himself in to Rio de Janeiro court

World Cup 2014: Ray Whelan hands himself in to Rio de Janeiro court | The Business of Events Management | Scoop.it
Ray Whelan, the British chief executive of a company implicated in an investigation into the illegal resale of World Cup tickets, has surrendered himself to a Rio de Janeiro court
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