Eastern Europe

ENIC Plc, the new owners of Tottenham Hotspur, have the qualities to restore the premier league soccer club to former glories but will not break the bank in the search of a quick fix, financial analysts say.

The World Championship 2003 Executive Council is to inform the International Ice-Hockey Federation (IIHF) board of problems surrounding the planned construction of an arena in Hagibor in Prague, which is to host the 2003 world ice-hockey championship.

Alan Sugar's 10-year reign as the owner of Tottenham Hotspur ended on Wednesday when media group ENIC completed its purchase of his 26.9 percent holding, worth around 22 million pounds ($31.84 million).

The Czech finance ministry will guarantee the transfer of land, on which a new arena is to be built for the 2003 World Ice Hockey Championships, to the ownership of TJ Bohemians.

Investment company ENIC is on the verge of securing a #22m ($35m) deal to take over English Premier League soccer team Tottenham Hotspur.

sportbusiness.com has learned this morning that ENIC is hoping to announce the company?s expected buy-out of Sir Alan Sugar?s share-holding in Tottenham Hotspur Plc.deal today.

Eleven doping control laboratories were shown the "yellow card" by the International Olympic Committee (IOC) for failing to comply with guidelines.

The English National Investment Company (ENIC) has reported a pre-tax profit of #11million for the year ending 30 June 2000 on a turnover of #47.2m, up 15.9% from last year.

No football coach in the world will enjoy their job if the European Commission presses ahead with plans to change the transfer system, according to Arsene Wenger, manager of English Premier League Arsenal.

European hockey needs a better financial deal from the National Hockey League (NHL), Buffalo Sabres goaltender Dominik Hasek has said.

The departure of Czech Republic hockey players to the NHL without adequate compensation to the clubs has been criticised by a leading club association official, according to Czech press reports.

AC Milan and Lazio want restrictions on foreign players in Italian soccer lifted with Milan vice-president Adriano Galliani even threatening court action to end the current regulations.

A below-standard Olympic soccer pitch is being returfed and will be ready in time, removing concerns a new venue would have to found, organisers have said.

Olympic organisers were more confident on Wednesday of being able to prepare a soccer pitch playing surface at Canberra in time for next month's Games, averting the need to move matches away from the federal capital.

Olympic organisers could be forced to switch soccer games away from Canberra because of worries that its new playing surface would not be ready.

Holders Real Madrid will find out their first opponents in the 2000/2001 Champions League on

Organisers of the Summer Olympics have played down concerns the playing surfaces for the soccer tournament would not be ready in time for the Games next month.

Entertainment, sports and media group ENIC plc has offered to buy most of the 40% stake in Premier League soccer club Tottenham Hotspur held by its chairman Alan Sugar, the Independent on Sunday reported.