News

Venture capitalists, Biofarm (BIOF), have offered to exchange shares of a new BIOF subsidiary for 100% of stock in a new corporation to be formed by Continental Sports Management (CSM), the Ohio-based, privately owned athlete representation agency with offices in New York City and London.

A high-profile committee of British MPs has applauded the BBC director general Greg Dyke's determination to beef up sports coverage.

The revenue potential of distributing sports and other content via third generation mobile phones has received a cool reaction form a leading telecom analyst.

The new Barcelona president Joan Gaspart has admitted to ?a little bit of madness? in presenting Rivaldo with a contract that will see him earn anywhere from 850 million pesetas ($4.69 million) to 1,100 million pesetas ($6.07 million) a year.

The XFL, the new professional football league jointly owned and operated by World Wrestling Federation Entertainment and NBC, has confirmed that Birmingham, Alabama will be home to an XFL team when the league begins play in February 2001.

Advance orders for Manchester United?s new playing strip have reached record levels - with sales expected to generate a substantial part of the annual #210million UK kit market.

FIFA says it has still not received any official confirmation from South Africa that it wishes to take the 2006 World Cup decision to arbitration.

Premierwin.com and UK commercial radio station talkSPORT have teamed up in a radio and internet campaign to drive a multi-million pound Fantasy Football League ? which it claims to be the most valuable ever run on the web.

ESPN will produce and televise the third annual Jeep Americas? Cup Volleyball tournament, the national volleyball championship of the Americas, August 11 to 20, from Ginasio Poliesportivo in Sao Paulo, Brazil.

SportsLine.com has signed former Denver Broncos quarterback John Elway to promote the suite of Commissioner.com fantasy football games for the company's flagship site, CBS SportsLine.com.

Radio station and billboard operator Clear Channel has completed its $4.6 billion acquisition of events promoter SFX Entertainment Inc., establishing it as a player in the live entertainment business.

Online sports media company Total Sports, has redesigned the official website of US football?s SouthEastern Conference.

Latest figures on the internet have shown a dramatic rise in popularity for sports sites.

Australian media have demanded urgent action to solve air traffic control and baggage handling problems at Sydney Airport before hundreds of thousands of people flood through there for the Sydney Olympics.

Four foreign soccer players in Singapore have been arrested in connection with a local match-fixing probe, according to a local media report.

Pakistan's Olympic hockey team have been offered cash incentives to win a medal at the Sydney Olympics.