South America

A decision by the president of the Chilean Olympic Committee (COCh) to resign does not necessarily mean he will stand down from the International Olympic Committee (IOC), the acting COCh head has said.

Real Madrid presidential candidate Florentino Perez was quoted as saying on Friday the Spanish club was 42,910 million pesetas ($247.2 million) in debt.

Fogdog Sports has acquired Sports Universe, the action sports e-tailer, providing Fogdog with a new action sports specialty store on the Internet.

Brazil's soccer tour of Australia has became a financial disaster as superstar Ronaldo withdrew and the promoter took the extraordinary step of declaring free admission.

Brazil's low-key bid to stage the 2006 World Cup finals has been dealt a possibly fatal blow when the head of FIFA's inspection team said the country's infrastructure needed improving.

On the eve of the World Cup kick off, a strike by Air France pilots dragged into its ninth day on Tuesday and looked sure to disrupt the start of the soccer tournament.

Brazil has said it would bid to stage the 2006 World Cup, and immediately received the backing of the South American Football Confederation (CSF).

Last year's football World Cup finals in France made a pre-tax profit of 350 million francs ($60 million), it has been revealed.

Brazilian soccer legend Pele has confirmed he has been in discussions with Media Partners over the possibility of forming a Brazilian Super League.

Manchester United withdrew on Wednesday from next season's F.A. Cup in order to represent England at January's inaugural world club championship in Brazil.

At least 11 foreign teams will take part in a soccer tournament beginning in Dhaka on August 27, the Bangladesh Football Federation (BFF) has announced.

Angry football supporters wearing red noses protested outside headquarters of the Brazilian Football Confederation (CBF) on Tuesday after the four-times world champions' shock defeat by Honduras the day before.

InterClubNet signed a four-year deal with the Football Association to provide a national administration system and websites for the 50 English County Football Associations and 2,000 amateur leagues.

Pan-american Sports Network (PSN), the 24 hour sports channel, has signed a multiyear partnership with soccer legend Pele.

Former Brazil coach Mario Zagallo has appeared before a Congressional commission and denied that sportswear giants and national team sponsors Nike had interfered in the picking of the team when he was in charge.

Formula One regulations are too complicated and need clarifying, according to the sport's supremo Bernie Ecclestone.