South Korea

Warren Buffet, the billionaire US investor, is backing an innovative reinsurance scheme to insure against an earthquake forcing the cancellation of next year?s soccer World Cup in South Korea and Japan.

Soccer?s world governing body FIFA has put plans for a bond issue backed by the marketing rights to the 2002 World Cup on hold, a source close to the deal said earlier today.

Japanese organisers of the 2002 World Cup have received 2.4m applications for tickets.

South Korean soccer fans have applied for more than one million tickets for the 2002 World Cup finals, four times the number of seats offered in the first round of sales, organisers said on Thursday.

Soccer's world governing body FIFA resolved a ticketing row between South Korea and Japan by ruling the title of the 2002 World Cup will stay the same,.

The protracted broadcast rights negotiations over coverage of World Cup 2002 for the Japanese market have finally been concluded.

Skyspan International has been awarded the largest single order in the company?s history ? the DM 40million roof of the Pusan Dome, South Korea, which will be engineered, fabricated and installed by the German company.

Formula One supremo Bernie Ecclestone has won #7.5m ($11.75 million) after a UK court ruled his firm was entitled to keep a payment for a Korean Grand Prix which never got off the grid.

FIFA’s marketing and competitions director, Michael Black, has quit his job – less than 12 months before the World Cup kicks off in Japan and South Korea.

German sports brand Puma has unveiled the first phase of its 2002 World Cup advertising campaign which focuses on the fortunes of the Cameroon national team.

Next year's French Formula One Grand Prix has been pushed back to the end of July to avoid any clash with the 2002 World Cup soccer finals.

South Africa will consider enforcing no-fly zones over cricket stadiums at the 2003 World Cup after last week's terrorist attacks on the US – as sporting events around the world tighten up on security.

Organisers of next summer’s soccer World Cup say they will work closely with the CIA and other international security agencies to ensure safety at the event.

Soccer legent Johan Cruyff will become the global ambassador for Hyundai during the World Cup next year in Japan and South Korea, following a deal with sports marketing giant Octagon.

South Korea has unveiled the fourth of its ten World Cup stadiums today with a friendly international against Nigeria.

South Korea is to create no-fly zones during next year's World Cup above its stadia amid security concerns sparked by the US attacks earlier this week.

Copyright Promotions Partners (CPP) Korea, CPLG's joint-venture company handling the World Cup 2002 licensing programme for Asia Pacific, has held a fashion show in Seoul displaying over 500 World Cup Japan/Korea 2002 licensed products.

The following profiles show the strengths and weaknesses of the five candidates seeking to take over from Juan Antonio Samaranch when he retires after 21 years in charge of the International Olympic Committee (IOC) in July.