DIGITAL SPORT RAISES $6m THROUGH SHARE ISSUE
Media company Digital Sport, which features onefootball.com as its flagship web site, is raising at least #4m ($6m) for future development.
WEST INDIES MAY BUILD NEW GROUNDS FOR 2007 WORLD CUP
The West Indies Cricket Board (WICB) is considering building new grounds for the 2007 World Cup rather than improving existing venues.
EUROPEAN GOLF?S FINANCES COME UNDER SCRUTINY FROM TOP PLAYERS
Europe?s top golfers are demanding an audit be carried out to probe the finances of the European Tour, going back over the last 20 years. A letter signed by more than fifty players will be sent to Ken Schofield, the Tour?s executive director, asking that Andersen Consulting be allowed to investigate the financial history of the professional game?s ruling body.
ARSENAL UNVEILS PLANS FOR NEW $142 MILLION STADIUM
English premier league club Arsenal have unveiled plans for a new #100 million ($142.7 million) stadium.
IOC UNVEILS ?SPORT AND NEW MEDIA? CONFERENCE SPEAKERS
The IOC has announced a roster of over 40 industry leaders from sport and new media to speak at ?The IOC World Conference on Sport and New Media? taking place in Lausanne, Switzerland, December 4 and 5.
ITALY’S UDINESE PUTS OFF BOURSE LISTING
Italian Serie A soccer club Udinese, currently riding high at the top of the prestige league, has put off until early 2001 a flotation on the Milan bourse originally planned for the end of this year.
SPORTAL TO HOST REGGINA WEBSITE
Sportal have added mid-table Serie A team Reggina to their portfolio of sports internet partners. The three year deal is to provide hosting and maintenance services to the club?s website. Other Italian football sides in the Sportal stable of websites are Juventus, AC Parma and AC Milan.
LONDON?S WORLD ATHLETICS CHAMPIONSHIP STADIUM UNDER FINANCIAL CLOUD
The financial viability of the Picketts Lock stadium, Britain?s venue for the 2005 World Athletic Championships, has come under scrutiny.
TWIN TOWERS TO BE DEMOLISHED AS PLAN REJECTED
There will be no last hour reprieve for Wembley's famous Twin Towers, which will now be demolished with the rest of the stadium.
WIGE MEDIA MAKES GERMAN BOURSE DEBUT
German sports media firm Wige Media made its debut in the official trade segment of the German bourse at its issue price of five euros, valuing the company at 30 million euros ($26 million).