SportBusiness Staff

The Oceania Football Confederation is expected to elect Australian Basil Scarsella as its new president on Thursday in place of New Zealand's Charlie Dempsey who controversially quit the post in July.

Minardi chairman Gabriele Rumi says he has sold his 70 percent stake in the Italian Formula One team to the Pan American Sports Network International (PSN) cable and satellite company.

Former Italy coach Dino Zoff is to rejoin the staff of Italian champions Lazio as vice-president, the daily Gazzetta dello Sport reported.

An F-111 fighter bomber will ignite a massive plume of flame over the Olympic Stadium on Sunday night to start a stunning fireworks finale to the Sydney Games.

The major sponsor of Alain Prost's Formula One team has decided to pull out.

United Parcel Service (UPS) will reconsider at the end of the year whether to sponsor further Olympic Games after the treatment given by the Sydney Organising Committee for the Olympic Games (SOCOG).

US-based Scheer-Stern Development and The Stadium Game have merged to form ScheerGame Sports Development,LLC, a turnkey sports and entertainment venue development company.

The European Union's competition chief Mario Monti has said he was optimistic of reaching agreement with the soccer authorities on a new transfer system which would keep all sides satisfied.

Galaxy Latin America, the company that provides the DirecTV service to Latin America and the Caribbean, has named Jeffrey Whalen as vice president of market planning and management.

Media Partners, the Italian firm previously behind proposals for a breakaway European soccer superleague, has signed a web development deal for Italy?s mens? and womens? volleyball web sites.