Europe

Time differences between the host country of major sporting events and the major TV markets do not impact heavily on broadcaster values, according to panelists at the Sport Business 2000 Conference.

Germany's EM.TV & Merchandising said talks on a rescue bid by rival media group Kirch would continue but the embattled company declined to comment whether the discussions remained exclusive.

The International Amateur Athletic Federation (IAAF) has threatened to withdraw the 2005 World Championships from London over doubts concerning the proposed #95million stadium at Picketts Lock.

The European Union's highest court will rule on Thursday whether to strike down the bloc's legislation to bring in a ban on tobacco advertising.

Organisers of the Summer Olympics have played down concerns the playing surfaces for the soccer tournament would not be ready in time for the Games next month.

The Copyright Promotions Licensing Group PLC (CPLG) will launch its 2002 FIFA World Cup Korea/Japan licensing programme at this summer?s ISPO sports trade fair.

FIFA president Sepp Blatter has come to the defence of under-fire executive committee member Charles Dempsey over his decision to abstain from the last round of voting in the 2006 World Cup decision.

FIFA president Sepp Blatter is pushing for the introduction of a rotation system for future World Cups ? a move which would leave Europe unable to bid for the next four tournaments

European soccer's governing body UEFA issued an official apology on Wednesday after a report on its media information website attacking England's Euro 2000 performances caused a major stir in Britain.

The reconstruction of Wembley Stadium, the centrepiece of England's 2006 World Cup bid, has been given the green light, according to UK media reports.

Championship Auto Racing Teams (CART) chief executive, Andrew Craig, has confirmed that the CART racing series is coming to Europe.

Romania's sports ministry (MTS) has launched an official investigation into alleged financial irregularities at the Romanian Gymnastics Federation, a ministry spokesman has said.

The president of Russian premier division soccer side Fakel Voronezh has resigned following the death of a woman during the half-time interval of a 5-0 defeat by Spartak Moscow last weekend, club officials have confirmed.

Moscow's deputy mayor, who doubles as hockey chief for the city of 10 million, has called for an end to unfair contracts which he said allowed North American ice hockey leagues to buy up top Russian players on the cheap.

Glasgow Rangers and Celtic should be booted out of the Scottish soccer Premier League because they are too strong - according to Dundee manager Jocky Stott.

European competition authorities are investigating pay television group BSkyB Plc's #13.8m investment in Leeds Sporting Plc, according to a report in the UK?s Sunday Telegraph newspaper.

Over the years sport has been shaped by many great teams and partnerships. Now there is a new pairing which promises to impact on the sports business in a most dramatic way.

A proposed sell-off of Britain's state-owned horse race betting business - The Tote - is still under review, a government official has said.