PIC PIC 007
Club: Clube Náutico Capibaribe | Opening: 2013 | Capacity: 46,000 seats
Description
Itaipava Arena Pernambuco was built to serve as the 2014 World Cup venue of the city of Recife. Construction of the stadium started in October 2010 and got completed in May 2013.
The Arena Pernambuco officially opened on the 22nd of May 2013 with a friendly match between Náutico and Portuguese side Sporting Portugal.
The arena came at a cost of R$500 million, which was financed by a public-private partnership between the state of Pernambuco and a consortium led by construction firm Odebrecht including event management firm AEG. The latter will exploit the arena for multifunctional purposes. The naming rights were sold to beer brewer Itaipava.
Itaipava Arena Pernambuco is scheduled to host five matches at the 2014 World Cup, of which one of the round of 16 matches. It will also be one of the playing venues of the 2013 Confederations Cup.
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