International Olympic Committee President Juan Antonio Samaranch has been grilled about corruption in the Olympic movement by a US Congressional panel which challenged him to back up his promise of sweeping changes with action.

FIFA, soccer's governing body, is to tap global financial markets to cover itself against the risk of a future World Cup being cancelled, according to the Financial Times.

Austria's joint-bid with Hungary to host the 2004 European soccer Championship finals should be taken "very seriously," Beppo Mauhart, the president of the Austrian F.A., has said.

The International Olympic Committee has said it had withdrawn its request to the Swiss government for an exemption from value-added tax.

The Scottish Football Association (SFA) has taken another step towards bidding to host the 2008 European soccer championships with the publication on Wednesday of a feasibility study.

World and European soccer chiefs will meet with leading clubs, the players? union and the major European leagues on Wednesday to thrash out a proposed player transfer system it can take to the European Commission.

The Swedish prosecutor's office has reopened an inquiry into a suspected attempt to bribe the International Olympic Committee into choosing Stockholm for the 2004 summer games.

French commercial TV station TF1 and pay-TV channel Canal Plus have acquired stakes in sports channels Eurosport International and Eurosport France from Disney Corp cable TV sports network ESPN.

Brewery group Carlsberg has extended its long-term commitment to the world of skiing by extending its sponsorship of the sport to include the FIS Alpine World Championships held in St Moritz, Switzerland.

Olympic Games organisers are confident of securing a deal on the Games' ticketing policy after offering a discount on top-level tickets for major sponsors.

Former international referee Michel Zen-Ruffinen of Switzerland has been confirmed FIFA general secretary.

An investigation into the Salt Lake City bribery scandal headed by former Sen. George Mitchell is not expected to uncover any major revelations, the head of the U.S. Olympic Committee has said.

FIFA says it will confirm within the coming weeks if it will recruit a new marketing agency to help sell sponsorship for the 2002 World Cup, following the collapse of the ISMM Group.

There is still no date for a European summit involving the European Commission and the presidents of FIFA and UEFA aimed at helping break the deadlock over the player transfer system.

The International Amateur Athletic Federation (IAAF) has appointed business consultants to conduct a study of the operational structure of its head office in Monaco.

InMotion Technologies has signed a partnership deal for interactive sports on the web with Swisscom Broadcasting Services.

Japan has thrown its hat into the ring to host the 2008 Summer Olympics, officially entering Osaka as its candidate and vowing a "clean" campaign to win the right to hold the games.