Stadia
LIONS BEGIN WORK ON FORD FIELD
The Detroit Lions broke ground on a new $300 million stadium in downtown Detroit this week and announced it will be named Ford Field after the owners of the professional football team and the auto company.
NEW WEMBLEY PLANS ATTACKED
Plans for the new #475million ($770 million) national stadium at Wembley in London has come under more fire after a hostile reception by leading sports officials.
TOTAL SPORTS RAISES $35.5m
Total Sports, the online sports new media company that focuses on providing real-time, event-centred sports coverage, has completed the offering of approximately 2,100,000 shares of Series D Preferred Stock to certain institutional investors.
GAMES WILL PROMPT ECONOMIC GROWTH
The president of the Athens 2004 Olympic Games Organising Committee, central banker Panayotis Thomopoulos, said that Greece's economic growth could rise by an extra seven percent between 2001 and 2005 because of the Games.
CBS AND DISNEY RIVALS FOR NCAA BASKETBALL
CBS and Disney's ABC-ESPN, losers in the recent NASCAR deal, are vying to tie-up the rights to NCAA men's basketball, as formal presentations to the NCAA began this week.
ISM SETS UP INTERACTIVE GAMING SITE
ISM Holding Corp will open its newest venture, www.racingcasino.com, for Thanksgiving Day.
GOVERNMENT LOAN FOR BASKETBALL ASSOCIATION ? ASSURANCE SOUGHT
An assurance has been sought from the South Australian Government about the security of a $A15m loan - granted by the government to the South Australian Basketball Association, in 1992, to help it fund construction of the Powerhouse Stadium at Beverley.
UNITED VOICE WAGE BILL WORRIES
English Premier League soccer champions Manchester United, the world's richest soccer club, has said they need to make more money to ensure they can afford increasing wage demands.
SANEX SIGNS $34M WTA TOUR SPONSORSHIP
The Women's Tennis Association has signed a five-year sponsorship contract worth $34m with Sanex, manufacturers of body care products. It is thought to be the biggest sponsorship in the history of women's sports.
PREMIER LEAGUE GIVE OK TO ONLINE BETTING
England's Premier League has became the first domestic competition in world soccer to authorise an on-line betting system.
HONG KONG BID TO HOST 2006 ASIAN GAMES
The Hong Kong governing has announced it is to mount a bid to host the 2006 Asian Games.
WEMBLEY DELAYS END WORLD ATHLETICS BID
The UK Minister for Sport, Kate Hoey, has revealed that new national stadium at Wembley is unlikely to be ready until 2004, almost a year behind schedule.
RADNEDGE HEADS GOALNETWORK.COM EDITORIAL TEAM
Goal Media Group, the global Internet soccer company, has announced the appointment of Keir Radnedge as executive editor.
TICKET ALLOCATION ANNOUNCED FOR UEFA FINALS
The two clubs who reach the European Cup Final next May will each receive up to 25,000 tickets for the match at the Stade de France in Paris, UEFA has announced.
SPORTSLINE STOCK BOOSTED BY CBS DEAL
Shares in SportsLine USA, the online sports site part-owned by CBS, surged following last week's long-term acquisition of NCAA rights by CBS.
BT TO BID FOR PREMIER LEAGUE RIGHTS – REPORT
BT are reported to be set to enter the English soccer TV rights battle.
JOHN COLLINS LEAVES NFL FOR BROADBAND SPORTS
Broadband Sports, the privately owned Internet company, has named John Collins, senior vice president of television programming and sponsorship sales at the National Football League, as vice president, new media.
JUDGE SETS DATES IN IBF CASE
The Washington Post reports that a federal judge in Newark has said he will hear arguments on Monday on a federal prosecutor's request for a temporary restraining order that would place limits on the International Boxing Federation and its four top officials.