SportBusiness Staff

Media reports in the UK suggest the redevelopment of Wembley Stadium has hit a major funding crisis which threatens the entire project.

Sports law firm S J Berwin & Co has been joined by one of Germany's leading teams of lawyers specialising in private equity and venture capital, as well as corporate M&A and tax.

EM.TV & Merchandising is set to cut its forecast for 2000 earnings before interest and tax (EBIT) - originally set at 600 million marks - by several hundred million marks.

Sports marketing agency Global Sportnet has become the latest company to join the Virtual Imaging Alliance.

German private media giant Kirch Group is near agreeing to take over EM.TV & Merchandising, throwing a financial lifeline to the struggling firm, industry sources said on Thursday.

MTV gets to play at Super Bowl XXXV under an ambitious programming schedule announced by CBS, which gets to show television's most watched sporting event for the first time since 1992.

Brazilian driver Pedro Diniz, son of a multi-millionaire supermarket owner, purchased a "significant" stake in the Prost Formula One team.

Colonel's International has launched an $8million expansion plan for a sports themed hotel and condominium complex at its motor speedway in Brainerd, Minnesota.

SportsLine.com has hired another sports writer to enhance its coverage of the NFL.

The father of Brazilian driver Pedro Diniz has bought a large stake in the Prost formula one team, the British magazine Autosport said on Thursday.