No can stop within a few weeks for the construction of the new World Cup stadium in Sao Paulo, arguing because of funding problems, the move could trigger a global football game next year in chaos, embarrassing the government.
In June of 2014, Brazil's largest and richest city in eastern edge of the "Itaquerao" stadium will host the World Cup opening game - events designed to show the arrival of the country as an economic superpower.
However, in the latest of several problems for events, and a wider range of problems, and large infrastructure projects, in Brazil's logo, building Itaquerao companies have yet to receive a commitment of 400 million reais ($200 million) in loans from state-controlled Banks.
Builders say, they will soon stop construction, unless additional financing guarantee bank to give up their requirements.
Delay, forced the government and the world football body FIFA, to push the World Cup opening match to different cities to find a spare games stadium in Sao Paulo - or in the worst case, leave the city completely out of the cup.
Risky work or stop (the stadium) have not been ready, said: "the former President andres sanchez, Brazil's corinthians football club, and the building of the local partner Odebrecht Itaquerao company over the past two years has been financing construction.
Red surface and smoking after shot down a cup of coffee, and another, sanchez has made a series of rich and colorful statement to convey the meaning of just how serious the risk is on Wednesday in an interview with Reuters stadium site.
Some observers said, he was bluffing, the use of media to force bank and the government of President, dilma rousseff,, accept looser lending terms.
Sanchez, his company has been put forward as an unofficial spokesman said in recent months, he thought the deal at the last minute is possible, even likely. But he refused, he is the concept of an empty threat.
"I'm not going to pay for you to hold a party," he said. "This is not a technical problem, the construction we proposed several (guarantees), but the bank, so we have a deadlock."
Stadium construction cost estimate of 82 billion reais, establish a public funds must be expensive. This will have a permanent has a capacity of 48000 - and 20000 temporary seats for the World Cup - add than the famous one in Arlington, Texas Dallas cowboys stadium, this is a video of the larger picture.
When asked if he would stop construction, sanchez refused to provide a date, but said it would happen in few weeks.
The first match elsewhere?
Itaquerao is almost the only World Cup venues.
FIFA has expressed concern about delay of a few venues in the 12 host cities in Brazil, in particular field, ultimately in Rio DE janeiro. Domestic cup several transport related projects, such as Sao Paulo airport train link, has been plagued by problems, also not ready yet, until after the game.
Many brazilians think, the reason is that in recent World Cup and the Olympic Games, came to the line, but was born delicate venues will be ready in time. Mr. Sanchez said, however, up to four host cities may eventually be ruled out, because the problem.
"This course is the most dangerous of 1 corinthians'," he said. "If they do not opening, they will be in other places."
Sanchez said unless funding is approved, 1 corinthians stadium will build a less ambitious, can accommodate club competition, but do not accord with standard of the FIFA World Cup.
Have with Itaquerao controversial from the start of the political and legal issues. The stadium is a pet project, ms rousseff's predecessor, luiz inacio lula da silva, the left and questions on promise, his brother fan web site, it is in a relatively poor area is identified as to incite urban development.
Course, however, about 10 miles from downtown, further rich western half of the Sao Paulo. - this is the journey from the city center to the international airport close to - usually need two hours or longer.
Around the region is made up of a story brick building and some of the most dangerous parts of the city, but it has a simple link to Sao Paulo's train network.
Position caused by pitch may not attract lucrative real estate development, once after the World Cup, with other large, the football match. These two factors is often regarded as the necessary modern sports venues in the United States, for example, is financially feasible.
1 corinthians sanchez said don't want to share the big events in the stadium, such as concerts, he said "grass," any of the events must be protected, the football club that is unlikely to happen.
"You can do the wedding, birthday, performances, parties... whatever you want, as long as you pay," he said.
The additional protection
In the stadium of the concerns of the future income, help explain part of the financing problem. The rest can be traced back to the two common problems in Brazil - a notoriously complex regulatory framework and the seemingly constant, is sometimes the darkness of the state of being.
1 corinthians and Odebrecht were forced to create a real estate investment trust fund vehicle, foreign institutional investors in Brazil, I get a loan, because, according to local law of the football club is specifically prohibited borrowing from financial institutions.
Itaquerao commitment on behalf of the government building, the national development bank, BNDES - often seen as the only viable source of long-term financing in Brazil, because of the history of runaway inflation and government mismanagement, hindered the development of the banking system.
However, it is prohibited by law from direct loans to foreign institutional investors. Therefore it through third parties - in this case, the banco do brasil SA, the country's biggest bank, is also the government operation.
This problem caused by Itaquerao: Brazil bank has fallen to transfer money. Sanchez said that the bank believes consortium - including the stadium naming rights to sell tickets and things
 



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