Flamengo, Rio City Hall extend Gasômetro works deadline | OneFootball

This Friday, Flamengo and the City Hall of Rio de Janeiro announced a new agreement regarding the Gasômetro project. Thus, the Rubro-Negro confirmed that it will continue with the feasibility studies. The Rio team also announced that there will be an extension of the deadlines for the project.

Acquired at auction at the end of July 2024 for R$ 138.1 million, Flamengo's process with the Gasômetro land has gone through several nuances. After the purchase, Marcos Braz celebrated, but soon the land was involved in a legal dispute.

In the current administration, with Luiz Eduardo Baptista (BAP) as president, Flamengo sought an extension of the deadline for the construction of the stadium. Only in April, almost nine months after the purchase of the land, did the Rubro-Negro begin studies for the future project.

When the land was purchased, there was an obligation with the City Hall of Rio de Janeiro that the construction be completed by 2029. Now, Flamengo has a longer deadline, which has not been disclosed by either party.

Read the full statement

The Clube de Regatas do Flamengo and the Municipality of Rio de Janeiro announce that Flamengo will retain the Gasômetro land, a measure that was formalized in a term of commitment with the Municipality’s consent, this morning, at the Palácio da Cidade.

The Club will therefore continue with the feasibility studies and project development, an essential step to ensure its future realization.

These studies, initiated at least eight months ago by Flamengo’s current administration, have promoted technical and economic evaluations, conducted by specialized companies and consultancies such as FGV, Arena Venues + Events, Soloeste Engenharia Ltda., and AECOM.

Due to the need for further in-depth analysis, it was also agreed between the parties to extend the deadlines necessary for the execution of the project, as well as to adjust obligations, ensuring legal security and full continuity of the initiative.

Flamengo and the Municipality remain aligned and committed to making the proposal viable, for the benefit of the city, the Club’s members, and its thousands of fans.

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