Monday’s Deal Digest
Your potted guide to the day's headline-making deals in the global sport industry - as reported on sportbusiness.com
Sports bodies call for tax exemption
The UK government must offer tax breaks to those sports which are committed to developing their game at the grassroots level, says Francis Baron, chief executive of the Rugby Football Union.
Budweiser to sponsor Ryder Cup
Budweiser has become the official beer of the Ryder Cup at The Belfry next September.
More job cuts at NTL
NTL, the UK's largest cable operator, is cutting another 2,000 jobs as bankruptcy fears continue to plague the group.
United shares volatile on bid speculation
Shares in Manchester United plc were volatile in morning trading following speculation that a trio of Irish investors plans to launch a takeover bid.
Legal team examine soccer report
Soccer Australia has referred a report filed by accountants PriceWaterhouseCoopers to its legal team.
SEM targets Scandinavia
Sports management company Sport Entertainment and Media (SEM) has bought Scandinavian soccer agents Manmark for GBP1.8million (USD2.6m/EUR2.9m).
McEnroe fears for senior tour
Tennis legend John McEnroe fears the US seniors' tennis circuit could fold after his retirement unless a "new" generation of star players commits to the tour.
AFL approves Park sale
The Australian Football League (AFL) has given the green light for the sale of Waverley Park.
FIFA in 2006 deal with Dentsu
FIFA has signed a deal with Japanese advertising giant Dentsu to sell corporate sponsorship for the 2006 World Cup in Germany.