News

Business

Arena Leisure said it expects its shares to start trading again on May 8, when it will also issue a detailed statement, following the news that the Go Racing consortium it is heavily involved in with BSkyB and Channel 4 has won the media rights to horse racing at racecourses that account for more than 70% of off-track betting revenues in the UK.

Tim Harrington, the former CEO of sporting goods e-tailer Fogdog, has resigned from Global Sports, which acquired Fogdog last year.
Business

Sports website Rivals.net is to make its monthly surveys of the profile, thoughts and behaviour of UK soccer fans available to third parties for #500 from next month.
Stadia

Nine of Japan's 10 stadia for the 2002 World Cup finals will be staging soccer matches before the end of July. But organisers are still concerned about the way fans will get to and from the grounds in rural areas, and are considering banning private transport to some stadia to ease traffic congestion.
Stadia

The Australian Football League?s (AFL) reputation could be on the line after allegations of financial irregularities discovered in an internal audit of its membership department.
Business

The organisers of the 2002 Winter Olympic Games in Salt Lake City may have to pay property tax to three counties in Utah if they want to host venues there in February.
Business

FA chief executive Adam Crozier?s position has come under pressure over the weekend as the fallout from the Wembley stadium fiasco continues to spread.
Business

Sportscity, the Singaporean dedicated sports channel, is to be shut down, becoming the first high-profile victim of the deregulation of the national broadcasting market.

Brazilian soccer legend Pele has come out in support of the Argentine footballers? strike, saying they were showing a good example to Brazilian players.

Real Madrid has completed the sale of its Ciudad Deportiva training ground to the city council for a reported $400m, instantly wiping its debts, estimated at $245m.
Business

German first division side SC Freiburg were in the market for fresh sponsorship on Sunday as their players took to the field for their Bundesliga game at home to Hertha Berlin.
Business

Royal Troon has been awarded Britain's Open golf tournament for an eighth time in 2004.
Business

Dubai's Emirates airline has dismissed any suggestion it will pull out of its sponsorship of English soccer club Chelsea after it failed to qualify for Europe.
Business

Bart McGuire will step down as chief executive officer of the WTA Tour at the end of the year, the women's tennis organisation has said.
Stadia

If Miami does not come up with a stadium financing plan for the Florida Marlins in the next 30 days, owner John Henry will look north to Broward or Palm Beach counties for help.
Stadia

An investigation has been launched into a stadium disaster in Iran which left more than 250 people injured.
Stadia

The San Francisco Giants are preparing a proposal for a 20,000-seat sports and entertainment arena across China Basin from Pacific Bell Park, team officials say.
Business

Arena Leisure, one of the three companies behind the Go Racing consortium, said today that pre-tax losses for the nine months to December 31 widened to #6.2m ($8.9m) from #2.96m ($4.24m). It also reported an increase in losses per share to 2.29p from 1.21p. But confirmation that it is to become a 33.33 percent shareholder in Go Racing saw its share price rise by nearly 10 percent to 104p.
Business

NTL, the UK?s largest cable telecoms company which boasts 8.5m subscribers and has a 10 percent stake in English Premiership soccer clubs Newcastle United, Leicester City and Aston Villa, said earnings before interest, taxes, depreciation and amortisation rose by about 32 percent to $124m for the three months to March 31 compared with the previous quarter.
Stadia

For the first time in the history of the English soccer divisional play-offs, the four teams participating in the play-off for promotion to the Premier League from the first division are all quoted on the stock exchange.