Americas
YANKEENETS PURCHASE OF DEVILS IN DOUBT
Having raised only $200m of the original $250m junk bond available to investors, the Yankeenets plan to finance the purchase of the New Jersey Devils, which is expected after the National Hockey League season ends, could be in jeopardy.
TICKETS.COM SELLS FOR CALIFORNIA SPEEDWAY
Tickets.com has been named the exclusive online ticket seller for California Speedway. The deal follows recent motor racing ticketing agreements with the Las Vegas Motor Speedway and the Indy Racing League's first event of the 2000 season, the Delphi Indy 200, as well as a three-year contract to sponsor the Galles ECR Indy Racing League car driven by Al Unser Jr.
TICKETS.COM SIGNS TENNIS TICKETING AGREEMENTS
Tickets.com to is to provide online ticketing for Ericsson Open in Miami and the Worldwide Senior Tennis Circuit.
STADIUM TAX PLAN SAILS INTO HOT WATER
A proposal put forward to raise funds for a new Florida baseball stadium by taxing cruise ship tourists has been blasted by two of the biggest cruise liner companies.
STEINBRENNER NETS FORTUNE
George Steinbrenner ? owner of the New York Yankees ? is reported to have made $135m as a result of his team?s business merger with the New Jersey Nets.
US FIRMS TO ENTER UK FITNESS CLUB MARKET
American private equity firms and trade buyers, such as the Sports Club Company, are set to make inroads into the booming UK health and fitness club market, according to a report in the Sunday Business newspaper.
PLAYERS FACE EURO TAX HIT
Most players in this year's Euro 2000 tournament will have to pay 18 percent of their earnings in tax, tournament officials have announced.
EIG APPOINT NEW VP
John Kosner has been named vice president of programming and broadband development for ESPN Internet Group (EIG).
CUBAN EDGES CLOSER TO MAVS DEAL COMPLETION
Mark Cuban has been given a major boost in his bid to completing the purchase of the NBA?s Dallas Mavericks.
GODOLPHIN’S CALIFORNIAN CONNECTION
Godolphin, the Dubai-based horse racing training operation, has chosen the Santa Anita racecourse in California as base for its North American training operation.
GIANT SALES FOR GIANTS
The San Francisco Giants have seen the move to their new stadium pay off after reporting that 51 of its 81 home games for this season have sold out.
PEACOCK SEALS SOCCER DEAL
Publicly owned investment holding company, Peacock Financial Corp. has acquired the Bay Area Seals, the professional A-league soccer club of San Francisco, California.
PROBE LAUNCHED INTO GYMNASTICS FEDERATION
Romania's sports ministry (MTS) has launched an official investigation into alleged financial irregularities at the Romanian Gymnastics Federation, a ministry spokesman has said.
NFL SET TO PAY OUT $2.4m
Hartford, Connecticut is expected to receive $2.4 million from the NFL to settle legal issues surrounding the New England Patriots? botched plans to move to the city, according to a report in a US newspaper.
YANKEENETS TO SELL $250m OF `JUNK? BONDS
The YankeeNets ? the company which controls the New York Yankees and the New Jersey Nets ? has announced it is to sell bonds worth $250m to complete the acquistion of the baseball team.
TICKETS.COM WRAPS UP BAY AREA DEALS
Following recent renewal deals with the San Francisco Giants, the Oakland Raiders, and Oakland Athletics,
IOC HEAD FOR UEFA CLASH
International Olympic Committee president Juan Antonio Samaranch has said he wants more experienced players to improve the standard of soccer at the Sydney Games, a move that could spark a new row with Europe's top clubs.
RFK GETS MLS BIG GAME
Washington has been confirmed as the venue for this year?s Major League Soccer championship match.