World Cup has new adversary

With the global losses of banks and the mistrust that has been developed in the financial sector worldwide, credit has vanished and should be much more difficult for clubs - which are projecting very modern multipurpose arenas in accordance with the rules of FIFA - To achieve the funding, in Brazil or abroad, for its construction.

In other countries the situation is different: England already faces difficulties in obtaining investments for the Olympics in 2012, which can lead to the nationalization of a part of the Olympic Park as well as the Olympic Village and even the press center. The works would cost the British taxpayer nearly 900 million extra pounds. The need for a government participation in construction is due to the fact that the Lend Lease, which is responsible for part of the work of the Oympiad, failed to acquire private financing which is needed because of the crisis. It was hoped that the private sector would invest 1 billion pounds to allow the construction of the Olympic Village and at least half of the 400 million pounds in the press center. The English team of Liverpool canceled work on its new stadium, and Barcelona (Spain) has postponed the plans of reforms in the Camp Nou.

In Brazil, the Minister of Sports, Orlando Silva, has repeated that no public funds will be applied in the construction of stadiums. The greatest difficulty for the government is to maintain that position, however, due to the fact that without the modernization of the fields there will be no World Cup in Brazil, since, according to a study released by SINAENCO, no Brazilian stadium is ready to meet  FIFA’s requirements. Indeed, the requirements of FIFA cover, in addition to the stadia developments, the infrastructure for national, regional and local airports, ports, terminals trainstations, systems for urban and interurban transport, energy, sanitation, health, hotels, public security etc. . .

To respond appropriately to what is required are estimated total investments between $ 40 billion and U.S. $ 50 billion, and the multipurpose stadiums and arenas demand between 10 and 15% of the total to be invested. As  a positive solution to the financial crisis in the short term, seems unlikely that resources for investment will not be available the way they were in pre-fall of Lehman Brothers in the United States. "The country must have a Plan B in case you can not make private investments with all the reforms and construction of new stadiums," said Bernasconi.

As always in times of shortage and crisis, opportunities not cease to exist, but only those who are preparing best will  take advantage of them. President of SINAENCO recalls that the preparation for investors conquest, national and international, increasing surly and suspicious, requires high quality well-prepared projects, confirming the seriousness and technical feasibility and cost of enterprises. The planning of arenas and infrastructure required for the host cities and the sub host-cities of the 2014 World Cup in Brazil is the hiring of projects with adequate time for its preparation, aiming at the quality of the work, so that both private ventures (arenas) and public (infrastructure) give consistent guarantees to investors wich have high reliability and rates of return, able to pay these inversions of respectable size.