Estádio Olímpico Monumental, also known as Estádio Olímpico de Porto Alegre and Estádio Olímpico until 1980, was a football stadium in the city of Porto Alegre, in the Brazilian state of Rio Grande do Sul, with a maximum capacity of 45,000 people. The stadium was owned by Grêmio Foot-Ball Porto Alegrense. Inaugurated in September 19, 1954, the stadium was the home field of the Grêmio football club before being replaced by Arena do Grêmio in December 2012.HistoryThe stadium was inaugurated on September 19, 1954, with a maximum capacity of 38,000 people. In 1980, the stadium was expanded, and its capacity increased to 85,000 people. In 1990, the upper ring bleachers were numbered, and the Olímpico Monumental's capacity decreased to 51,081 people.The inaugural match was played on September 19, 1954, when Grêmio beat Nacional of Uruguay 2-0. The first goal of the stadium was scored by Grêmio's player Vitor.The stadium's attendance record currently stands at 85,721, set on April 26, 1981, when Ponte Preta beat Grêmio 1-0.Grêmio won the Copa Libertadores at Estádio Olímpico Monumental on July 29, 1983, after defeating Peñarol from Uruguay in a difficult match.Grêmio moved from the Estádio Olimpico Monumental to the new Arena do Grêmio on December 8, 2012.