News

Business

Anshutz Sports & Entertainment Group (AEG), the owners of the National Hockey League team the Los Angeles Kings and Major League Soccer club LA Galaxy, will invest in two Swedish clubs to expand its sporting assets outside the US.
Business

Media mogul Rupert Murdoch has defended the proposed merger of his News Corporation company with US satellite platform DirecTV, stating that such an alliance would provide a ‘healthy premium’ for shareholders and create ‘synergies that no other company can match’.
Business

Internet superstore Buy.com is to scrap its sponsorship of the PGA’s minor league golf tour as it fights to stay afloat amid mounting financial pressure.
Business

Spending on gambling is expected to rise by 21 percent in the five years between 1999 and 2004, according to a survey carried out by UK-based market research company Mintel.
Media

A Chinese-led consortium has won the contract to build a new stadium in Hanoi, Vietnam, as the venue for the 2003 Southeast Asia Games.
Events

The soccer stadiums for the first Afro-Asian Games have been severely criticised by a leading official who said they were unfit to stage international events.
Business

World Wrestling Federation Entertainment (WWF) reduced a bonus for its chairman Vincent McMahon in fiscal 2001 by 30 percent.

The Premiership, the new sports channel that made its debut on UK terrestrial network ITV on Saturday night at the prime time of 7pm, lost its first weekend’s ratings battle with the BBC
Business

Kirch, the owner of the television rights for Germany's premier soccer league, plans to offer a cheaper subscription rate to win more clients for its loss-making PremiereWorld pay-TV channel, a German magazine reported over the weekend.
Business

The future of the beleaguered Wembley Stadium will be debated this week when trouble-shooter Patrick Carter releases his report on whether the national stadium should stay at its north London home.

German sportswear giant adidas has launched a range of gear boasting the endorsement of flamboyant NBA star Kobe Bryant.
Business

Alternative Investment Market (AIM)-listed sports player management and marketing agency Proactive Sports Group has reported a total of 36 player transfer deals in its football division since being admitted to AIM in May this year.
Events

English Premiership soccer club Middlesbrough has become the first to take advantage of the relaxation in the TV rights regulations which allows clubs to broadcast full footage of their league games after a specified time delay
Business

UK terrestrial broadcaster the BBC has appointed Stephen Lupi as its new head of finance for BBC Resources Outside Broadcasts.
Business

Nasdaq-listed large screen video display manufacturers Daktronics has appointed James Morgan as the company's new CEO, effective from November.
Events

UK satellite channel, British Eurosport has unveiled a new weekly magazine round-up show for European soccer as it looks to compete with its rivals’ coverage of the new Premiership season.

A three-year agreement between the International Ice Hockey Federation (IIHF) and the NHL over compensation payments for players leaving IIHF-federations to find their fortune in the big money US league, is on the verge of being ratified.
Events

Asian sports broadcaster ESPN Star Sports (ESS) has finalised a deal with its Malaysian pay-TV platform Astro for exclusive coverage of English Premier League soccer for the next three seasons.
Business

Premier One Racing – the new motorsports series featuring Formula One-style cars racing in the livery of Europe’s top soccer clubs – has signed its first deal with a top Portugese club.
Stadia

Premier League soccer club Ipswich Town has placed a £25million ($36.1m/B