Business

FIFA President Sepp Blatter has defended himself against recent allegations made by Michel Zen-Ruffinen, the soccer governing body's general secretary, by demanding that the claims be either backed up with concrete evidence or withdrawn.

A statement from administrators Deloitte and Touche regarding the future of the pay-TV platform ITV Digital has been delayed.

Jack A. Warner has been re-elected president of the Confederation of North, Central American and Caribbean Association Football (CONCACAF).

Formula One Administration (FOA) has reported a turbo boost in pre-tax profits - accelerating to $185m (EUR208m) compared to $165m (EUR185m) last year.

FIFA president Sepp Blatter has accused his general secretary Michel Zen-Ruffinen of trying to influence the upcoming FIFA presidential election on May 29.

Sydney's financially beleaguered Stadium Australia, is hoping to secure between $19m-$27m (EUR21m-30m) in a naming rights deal.

The bubble is about to burst for the sports industry, according to the majority of our readers who voted in the sportbusiness.com poll.

With baseball attendance down 3.5 percent this season, a new report by a leading US investment bank will make more troubled reading for MLB administrators.

English Premiership club Arsenal has signed a sponsorship deal with mobile phone group MM02 for an estimated £5million ($7.1m/EUR8.2m).

The McLaren and Williams teams have claimed that some aerodynamic parts of the new Ferrari F2002 do not comply with Formula One rules.

All Black legend Zinzan Brooke has called on New Zealand to pull out of the 2003 rugby World Cup after their revised plans to co-host the event were rejected by the International Rugby Board yesterday.

FIFA general secretary Michel Zen-Ruffinen has launched legal action against the Confederation of North, Central American and Caribbean Association Football (CONCACAF) for defamation of character.

O'Neill Moving Media (OMM) has installed 22 moving media perimeter advertising systems at Twickenham, home of English rugby union.

Leading gaming analysts at international investment bank Lehman Brothers have praised yesterday's agreement between the UK's 9,300 betting shops and the British Horseracing Board (BHB).

Telecom firm BT Cellnet is to invest a further £1.2million ($1.7m/EUR1.9m) in the Scottish Rugby Union for the next three years after it confirmed today that it has renewed its sponsorship of the sport.

The G14 group of Europe's soccer clubs wants to set up uniform accounting structures among its members in order to better regulate costs and compare revenues, general manager Thomas Kurth has told sportbusiness.com.

Honda has renewed its sponsorship of CART through the 2002 season.

The Scottish Rugby Union will announce details of a new £1.2milllion ($1.74m/EUR1.95m) sponsorship deal for the domestic game later today.