English Premier League soccer club, Aston Villa, has reported a #4.9m ($7.4m) pre-tax loss for the year to May, against #20.2m ($30m) last time.

Former ISL senior legal counsel Jay Gillman-Wells is quitting to join a leading UK-based law firm.

Grand Prix chief Bernie Ecclestone and German media company EM.TV are considering selling a chunk of their Formula One holding company SLEC to soothe European Commission regulatory concerns.

Sportsworld Media Group plc, the international sports media company, has formed a new company, SSM Sportsworld, to represent its European and Latin American interests.

German-American car maker DaimlerChrysler AG said it was not interested in buying a stake in Formula One holding company SLEC, denying reports earlier today.

Goal Media Group, the digital media company that and, has signed an exclusive internet partnership with a Hong Kong and Chinese market online soccer publisher.

NBC has reported the lowest TV ratings ever for this week?s baseball All-Star game.

A new boxing website goes live this week ? launched to coincide with the heavyweight championship bout between Lennox Lewis and Frans Botha.

Soccer?s world club champions Corinthians of Brazil, are to play a pre-season friendly in Paris to be screened live across Latin America by the Pan American Sports network.

Entertainment specialist Haymarket Advertising, the media arm of Global Entertainment Media, has completed a merger with North American entertainment agency Echo Advertising + Marketing - a move which will consolidate the companies? sports client interests.

Phnom Penh police have ordered dozens of illegal betting shops to close due to mounting concern over a gambling frenzy sparked by the Euro 2000 football championships which had led to near riots.

Media and leisure entertainment business Enic is close to finalising its takeover of Gibraltar-based online bookmakers Victor Chandler International, according to the financial news website,

TalkSPORT, the UK's only sports radio station, has defeated the BBC today in London's High Court over its coverage of soccer?s Euro 2000 tournament.

Paul Chantler is to join The Wireless Group as group programme director in charge of UK radio station talkSPORT and its 16 local stations.

Sri Lanka's cricket board has elected a new administration after one of the two main contenders pulled out at the 11th hour saying the vote was not fair. has named Patrick Crumb as senior vice president of business development and Michael Smith as vice president of human resources. Kim Leaming was promoted to vice president of marketing.

Senior executives of UK sports video-on-demand company VNL Sports are describing a new deal with ESPN as a turning point for the company.