Greece

Beleaguered Athens 2004 Olympics organisers have rejected accusations of overspending from politicians and the media and denied that they were paid exorbitant salaries.

Sports marketing giant Octagon has landed in Greece, after aquiring leading Greek sports agency ACT ? the company behind Athens? successful bid to host the Olympic Games in 2004.

The International Olympic Committee (IOC) has announced the renewal of McDonalds?s sponsorship of the Olympics until 2004 and that other companies would pledge cash and services in the next few weeks.

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.

Warsaw is ready to campaign for the 2016 Summer Olympics - more than seven years before the International Olympic Committee (IOC) starts considering official bids.

ENIC Plc, which controls three European soccer clubs, has said that European soccer authority UEFA's decision to block clubs with common ownership from playing each other in European competition is in breach of European Union law.

Malaysia has confirmed it will be bidding to host the 2008 Olympic Games.

A unit of Johannesburg listed television and software group, MIH Holdings, has said its Greek pay television operation had invested $6.25 million in a popular Greek football club.

The Olympic Games have become so big they risk pressuring host cities into building big facilities that become "white elephants" once the athletes have packed up their medals and gone home, the new head of International Olympics has said.

TalkSport, the UK radio station run by the former editor of The Sun newspaper Kelvin McKenzie, has filed a complaint against the BBC with the Office of Fair Trading over the radio rights to the England versus Greece World Cup qualifier next month.

Jacques Rogge, a Belgian surgeon who has won a reputation for fixing the pains and strains of organising Olympic Games, on Monday joined the race for world sport's most powerful job - the International Olympic Committee (IOC) presidency.

America's 2004 Olympic athletics team will be chosen at the same site that hosted the 2000 Sydney Games trials, USA Track & Field officials have said.

NetMed, the major shareholder in AEK Athens, says it has made a mistake investing in the Greek club and was planning to sell its stake.

sportbusiness.com has learned this morning that ENIC is hoping to announce the company?s expected buy-out of Sir Alan Sugar?s share-holding in Tottenham Hotspur Plc.deal today.

Dick Pound, Chairman of IOC Internet Committee confirmed today that the Internet and TV rights for the Olympics will remain linked through to the 2008 games but also expressed the expectation that the territorial rights issues that currently prevent live video and audio broadcast over the internet could be solved.

International Olympic Committee (IOC) vice-president Dick Pound said on Wednesday that Athens was far behind in preparing the 2004 Olympics but denied the IOC was considering moving the Games.

A two-week suspension of Greek domestic football will have no impact on UEFA Champions League fixtures involving Greek teams, both involved clubs said on Friday.

Audio, television and video manufacturer Panasonic has renewed its global sponsorship deal for the next series of Olympic Games.