Europe

Manchester United confirmed its position as the world?s richest club by announcing a 42% increase in half-year profits to #17.3m ($24.5m), exceeding analysts? expectations.

Britain?s Liverpool Football Club is looking for an Asian affiliate for a television channel the club hopes to set up with Granada Television, a major Liverpool shareholder.

International brand consultancy Design Bridge has been commissioned by The Football Association to create ?a living characterisation? of the England national soccer team?s Three Lions crest.

Hungarian soccer has been plunged into disarray after its football association (HFA) dismissed its president and presidium after a report into apparent financial irregularities.

Manchester United manager Alex Ferguson is to plead with fans to sit down at future matches or face having sections of Old Trafford closed down.

David Sheepshanks, chairman of English Premier League soccer side Ipswich Town, will be joining a panel of high powered industry specialists in the final session of this April?s SportBusiness 2001 conference in London. One of soccer?s most influential chairmen, Sheepshanks is widely respected throughout the game not least for his efforts in championing the cause of so-called smaller clubs.

Britain's Channel Four has secured the broadcasting rights to the world rally championship.

UEFA will not be launching an immediate investigation into a claim that Manchester United and Valencia "agreed" to draw last season's Champions League match which saw both teams qualify for the quarter-finals.

English Premier League soccer club Manchester United and Major League Baseball?s New York Yankees are set to sign sport's biggest joint marketing deal today.

Bernie Ecclestone, who has ruled Grand Prix racing almost single-handedly for the past 30 years, is preparing to hand over control of Formula One to five big European carmakers, according to UK press reports.

London Premier League club Chelsea confirmed they had signed a four-year deal with Dubai-based airline Emirates worth #24 million ($35 million).

Former Liverpool goalkeeper Bruce Grobbelaar suffered a devastating blow to his reputation on Thursday when a British court overturned an 85,000 pounds ($125,300) libel award made over allegations of match-fixing.

Wembley National Stadium Ltd (WNSL) chairman Rodney Walker has started a new round of talks to discuss his plans for an athletics track in the new national stadium.

Canal Plus Scandinavia could go to the European Union to settle a dispute with the Swedish FA.

English soccer club Crystal Palace a facing a hefty fine from the English Football Association after an on-pitch brawl marred their local derby with Gillingham over Christmas.

Austrian Chancellor Viktor Klima and his Hungarian counterpart Viktor Orban have underlined their support for a joint bid to host the European soccer championships in 2004.

European Union sports ministers aim to give Europe the leading role in the fight against drugs in sport with a funding proposal for the World Anti-Doping Agency (WADA).

The Russian Football Union (RFS) has signed a long-term sponsorship deal with Coca Cola Co in a move that should give a much needed shot in the arm to the financially-strapped Russian game.