Media

FIFA has approved a USD605,100 (EUR684,400) contribution to the 32 competing nations in next year's World Cup to cover the preparation costs the 32 teams will incur in the build-up to the tournament.

Sports management company Sport Entertainment and Media has bought soccer agent Robert Segal Management (RSM) for an initial sum of GBP1.6m (USD2.3m/EUR2.6m).

First Artist, the Wembley-based football management and sports promotion company, has revealed plans for its flotation on the Alternative Investment Market (AIM) and the acquisition of a major European soccer agency.

England Rugby Ltd has drawn up a ‘code of conduct’ for directors and other senior figures in the sport on how to handle the media.

UK broadcaster Granada has reported a higher than expected loss on its digital media operations in its year-end results.

The UK football pools has received a boost after the Chancellor of the Exchequer Gordon Brown said that the 17.5 percent betting tax would be scrapped from April 1.

The National Football League players' union has agreed to share the NFL's cost of increased stadium security in the aftermath of the September 11 terrorist attacks.

BSkyB’s dominance in the UK will give it significant negotiating leverage over the Premier League television rights when they come up for renewal in 2004, according to investment bank Lehman Brothers.

FC:tbol de Primera will broadcast Saturday's draw for the 2002 soccer World Cup.

KirchMedia has completed the sale of the French television rights for next year's World Cup in Japan and Korea to TF1, the French commercial channel, in a deal worth B

US racetrack Churchill Downs set a new record in on-track attendance and total wagering over its 23-day Fall Meet, but on-track wagering continues to fall.

Attheraces, the media consortium that has bought up most media rights on 49 racecourses in the UK, is looking to reschedule some of its races to evening meetings to complement its 24-hour interactive television station to be launched in May 2002.

The betting industry in the UK is hoping for some more good news from the Chancellor of the Exchequer’s pre-budget report tomorrow.

The betting industry in the UK is hoping for some more good news from the Chancellor of the Exchequer’s Pre-Budget report tomorrow.

The G-14 group of Europe’s richest football clubs could face a legal challenge from the larger clubs in small markets, such as Holland and Scandinavia, for effectively changing the rules on which European club football is based.

World Sport Group, the Alternative Investment Market (AIM)-listed sports rights company, which emerged from the cash shell Orchard Furniture in August this year, expects its financial performance for the year to December 31 to meet market expectations.

Sports website operator Sports.com has acquired the German arm of Sportal – Sportal.de – for an undisclosed sum.

Chrysalis, the media company which owns sports fan website Rivals.net, has agreed to pool its internet business with 365 Corporation and create a new sports internet venture called Newco.