Media
Breathing space for Kirch?
Kirch Gruppe is expected to secure an extension to its EUR460million ($409m) loan, following talks with Dresdner Bank.
NBA looks at cable link
The National Basketball Association (NBA) is reported to be considering an investment in a cable television channel, possibly AOL Time Warner’s CNN-SI sports channel.
BBC and ITV to go head to head?
English broadcasters the BBC and ITV could face difficult negotiations in trying to reach a deal over transmission of England’s 2002 World Cup matches, according to reports.
Silverstone gets FIA approval
The 2002 British Grand Prix at Silverstone will go ahead, the FIA has confirmed.
Tesco looks at FA partnership
Supermarket giant Tesco is in talks with the Football Association in the UK about a possible partnership worth £10m ($14.5m/EUR16.1m).
Motor SportBusiness: Morris defends formula1.com domain
Nicole Morris, managing director of Formula1.com, has reiterated the right of her company to use the F1 brand name.
Vivendi to sell BSkyB stake
Vivendi Universal has announced it is to proceed with the sale of its $41.5billion (EUR46.1bn) stake in pay-TV group BSkyB.
NTL ‘sponsoring the wrong teams’
NTL, the UK's largest cable operator, is wasting its money sponsoring a string of football clubs, according to Chris Reed, marketing director at Rivals.net.
Juventus IPO goes on the road
Juventus has confirmed details of its 12-year deal with Nike which kicks off in July, 2003.
Brewery sponsorship cheers luge competitions
Germany’s Krombacher Brewery is to become a major sponsor of luge, following the announcement of a three-year deal with KirchSport AG.
NTL’s debts soar to £14bn
NTL, Britain's largest cable television network which has a financial interest in Premier League clubs Leicester City, Newcastle United, Aston Villa and Middlesborough, has amounted debts of £14billion ($20bn/EUR23bn).
BSkyB puts more pressure on Kirch
BSkyB is preparing to write off the company's GBP1.1billion (USD1.6bn/EUR1.8bn) stake in German media giant Kirch, according to reports.
Premier League rejects Phoenix proposal
The Premier League has rejected proposals of a two-tier 'Phoenix League' which would see Scottish clubs Celtic and Rangers join the English top-flight.
Italy buys World Cup TV rights for $138m
Italy's state-owned broadcaster RAI has finally bought the television rights to next year's World Cup from German media giant Kirch.
Leeds United signs WSS merchandising deal
Manchester-based sports marketing agency World Sports Solutions Ltd (WSS) has signed a global merchandising and brand licensing agreement with Premier league high-flyers Leeds United.
Premier League appoints sponsorship specialist
The FA Premier League has hired sponsorship evaluation company Connexus PreciSion as its official research consultants.
ITV agrees Touring Car deal
The British Touring Car Championship (BTCC) has announced a two-year broadcast deal with UK broadcaster Granada Sport.
Ascot Racecourse to change course
Ascot Racecourse is to become a limited company for the first time in its history to help raise GBP100million (USD144m/EUR161m) for new facilities at the home of the Royal Ascot race.