Europe

Organisers of the 2015 America’s Cup World Series have confirmed an event that had been scheduled to take place this year in the Italian municipality of Cagliari has been dropped following the withdrawal of Luna Rossa Challenge from the 35th edition of the sailing showpiece, which is scheduled to conclude in the Bahamas in 2017.

The International Olympic Committee (IOC) has said a lease deal has been agreed with Lausanne for it to remain headquartered in the Swiss city for another 100 years.

A consortium of major Chinese companies is set to join forces with a crowdfunding initiative in a bid to acquire ailing Italian Serie A football club AC Milan, according to Chinese state news agency Xinhua.

The IMG agency has entered into an agreement with the promotional and management companies of world heavyweight champion Wladimir Klitschko to represent and promote female boxing star Cecilia Brækhus.

The Qatar Olympic Committee (QOC) has renewed its ties with SportAccord Convention by returning as a silver partner for this year’s World Sport & Business Summit, which takes place from April 19-24 at the Sochi Expocentre in Russia.

The World Curling Federation (WCF) has selected the Finnish national association to trial its first portable curling facility – an initiative that seeks to boost the global development of the sport.

The Russian government has outlined plans to slash up to 27 billion rubles (€409.1m/$432.7m) from its budget for the 2018 Fifa World Cup by scaling back development plans for luxury hotels to cater for the national team football tournament.

Sailing’s America’s Cup is embroiled in yet more dispute after Italy’s Luna Rossa Challenge withdrew from the 2017 regatta in protest against new regulations for the event – a move that has resulted in coun…

TURKMENISTAN’S SPORTING OUTREACH GATHERS MOMENTUM Turkmenistan International Sports Media Forum welcomes international journalists once again as country presents its preparations for AIMAG 2017 3

Chinese billionaire Zong Qinghou has rejected reports that he is planning a bid for AC Milan, amid the latest round of speculation surrounding the struggling Italian Serie A football club.

Spanish Liga top-tier and second tier Liga Adelante football clubs reduced their collective debts significantly year-on-year, according to the Liga de Fútbol Profesional’s newly-published figures for the 2013-14 season.

FIFPro and Uefa have stepped up the fight against third-party ownership (TPO) of football players by filing a joint complaint against the practice with the European Commission (EC).

Kazakhstan is considering submitting a bid to host the 2026 Fifa World Cup international football tournament, according to the head of the country’s football association, Yerlan Kozhagapanov.

The European Club Association (ECA) has extended its Memorandum of Understanding with Uefa until May 31, 2022, in a move that will grant more money to Europe’s football clubs and a bigger say in how the game on the continent is run.

The World Match Racing Tour (WMRT) sailing series has added a UK event to its 2015-16 schedule.

Leaders has announced Marina Granovskaia, director of English Premier League football club Chelsea, as one of the first speakers for its new one-day summit - Leaders Meet: The Game Changers.

The Mayor of Copenhagen, Frank Jensen, has claimed he has held talks with his counterpart in Hamburg over the possibility of the Danish capital being utilised as part of the German city’s bid for the 2024 summer Olympic Games.

The Blancpain GT Series and Pirelli World Challenge have established an extensive partnership that will lead to events taking place on a global basis.