Business

An early flotation of shares in Melbourne?s troubled Colonial Stadium looks less likely according to reports which say revenues are lower than expected while costs are up.

Lloyds TSB will support an appeal by the British Olympic Association's (BOA) to raise 4m to support the Great Britain team at the Sydney 2000 Games and Paralympics, according to a Financial Times registered source.

All 20 members of the US Women?s team that won the World Cup last summer are committed to the Women?s United Soccer Association ? the new eight team league that is to start next April.

Total Sports Inc., a provider of online coverage of sporting events, has filed with regulators to raise as much as $57.5 million in an initial public offering.

Content is still king on the internet ? especially if it is exclusive ? that was the message at a hugely popular workshop this morning at SportBusiness 2000 in London.

The Women's Tennis Association has signed a five-year sponsorship contract worth $34m with Sanex, manufacturers of body care products. It is thought to be the biggest sponsorship in the history of women's sports.

Manchester United could be about to hit the big screen after it was revealed movie star Mel Gibson?s film company Icon Productions is to make a fly-on-the-wall documentary about the club.

Almost two-thirds (65%) of the UK adult population watched England play Scotland in the Euro 2000 soccer playoffs.

A study on trends in English football by the German research company, Sport + Markt, has revealed 19.5m

British Sky Broadcasting, 40% owned by News Corporation, has agreed to pay $1.5 billion for a 24% stake in KirchPayTV, the German pay-TV operator.

International Speedway Corporation has reported a revenue increase in its first quarter results ended February 29, 2000.

The ATP Tour and International Tennis Federation have formally announced their new marketing strategy for 2000 and beyond.

European Rugby Cup Limited (ERC) and ISL Worldwide have mutually agreed to end their relationship with regard to the European Cup and European Shield competitions.

Sportvision, Inc., the leading sports media convergence company, has formed an advisory council to be chaired by San Francisco 49ers head coach Steve Mariucci.

Manchester United?s future Internet strategy could see the website and multimedia division ran as a separate company, according to finance director David Gill. Speaking after the announcement of the plc?s interim results, Gill said that the club would inform investors of its Internet strategy in ?due course?, possibly when the full results are announced in October.

The South African Revenue Services have raided the offices of the Premier Soccer League to recover about R6,5 million in tax revenue owed by clubs, according to local press reports. They say most of the 18 clubs had not submitted income tax returns since their monthly grants of R100,000 were doubled this season. The Revenue Service have told the league management to withhold grants until all their arrears are paid.