Business

The National Hockey League won its arbitration case against Alexei Yashin, a decision that binds the star centre to the Ottawa Senators for one more season, the NHL said.

Top broadcasters from Europe and around the world will travel to Switzerland this week for events in Lucerne marking the 50th birthday of the European Broadcasting Union, whose members include every public service broadcaster in Europe.

The International Federation of PGA Tours has announced that the 2001 World Golf Championships-World Cup will be held in Shizuoka, Japan.

The All Blacks $180 million sponsorship deal with sporting goods giant, adidas, has been threatened by player discontent over some of adidas? equipment.

Two former senior British police officers were accused in court of criminal negligence on Tuesday over the deaths of 96 Liverpool fans at the Hillsborough soccer stadium disaster 11 years ago.

US city Houston has reached a $160 million deal to build a new downtown basketball and hockey stadium.

eoSports.com, the free online sports organisation service, has appointed Greg Shove, the former AOL executive who helped develop and shape AOL's interactive marketing strategy, to its board of directors.

Southampton Leisure Holdings, the owner of English Premier League Club Southampton has denied rumours that it had held talks with BSkyB, which has taken stakes in Manchester United and Leeds Sporting, the owner of Leeds United.

The Pan-American Sports Network (PSN) has signed a multi-year agreement to broadcast LIVE WNBA games to millions of viewers across Latin America.

Leading Olympic officials have played down the significance of a decision by Reebok to withdraw its sponsorship of the 2000 Sydney Games, saying it was "not the end of the world".

Lager firm Michelob has signed a sponsorship deal for golf?s 2001 Ryder Cup.

London Stock Exchange-listed Premier League club, Newcastle United Plc, has become the first club in football to securitise its commercial revenue streams by issuing a #55m bond.

NHL legend Wayne Gretzky is set to return to the sport later this week when ownership of the Phoenix Coyotes changes hands.

UEFA opened their glittering new $20 million headquarters on the banks of Lake Geneva with President Lennart Johansson declaring the organisation was in great shape with the new millennium approaching.

Breaking even is the target of Euro 2000 organisers, according to tournament director Alain Courtois.

ISL, the marketing company which has rights to soccer?s World Cup, the ATP Tour, and a range of other international events, may seek a stockmarket flotation, according to a report in the publication TV Sports Markets.