Stadium: Flamengo could lose the Gasômetro site | OneFootball

Debates between the Federal Government and the Rio de Janeiro City Hall may hinder Flamengo’s situation at Gasômetro

In 2024, Flamengo bought the Gasômetro land for the construction of its own stadium. However, the Rubro-Negro may lose the area. According to Fabricio Chicca, a specialist on the subject, a problem involving the Federal Government and the Rio de Janeiro City Hall is causing the imbroglio.

This is because the Gasômetro land is part of an agreement between the City Hall and the Federal Government. However, the municipality did not carry out the planned works, is being charged R$ 426 million, and has received a suggestion that the chain of possession be undone. In other words, that the purchase made by Flamengo be canceled.

WHAT DOES FABRICIO CHICCA SAY?

“The land was transferred to the Porto Maravilha Real Estate Investment Fund. Years later, without having been sold, it was expropriated by the City Hall, through a public auction, for the purpose of building a stadium. Flamengo won the bidding and paid for the land, after an agreement between the parties, approximately R$ 170 million (with some installments still to be paid),” he explained.

“As previously mentioned, there are some problems that the developer, in this case Flamengo, could face. Most of them could be worked around; others, more rarely, not. This is one of them. The solution does not depend on Flamengo, and it could indeed make the construction of the stadium unfeasible,” said Chicca on social media.

HOW ARE THE TALKS GOING FOR FLAMENGO’S STADIUM?

Still under Rodolfo Landim’s management, Flamengo bought the Gasômetro land with the promise that the stadium would be delivered in 2029. However, with the change in leadership, the new president, Luiz Eduardo Baptista, known as Bap, conducted several studies and dismissed the initial deadline.

With the current group, the target date has shifted to 2036 or later. In addition, Flamengo is planning an investment of R$ 2.2 billion. Bap, however, has been cautious on the subject and does not want the stadium to weaken the club’s financial power for player signings, for example.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.