Europe

Italy’s Serie A football clubs have voted in favour of granting €5m ($5.4m) in emergency funds to Parma in order to help the financially troubled team complete the 2014-15 season.

Owen Evans reports from day two of the 2015 Leaders Sport Business Summit in New York.

The Sony Mobile division of the Japanese electronics giant has signed up Real Madrid football star Gareth Bale as an ambassador for its Xperia Z3 smartphone series.

Amaury Sport Organisation (ASO) has signed a five-year partnership with global IT solutions and services provider Dimension Data in a move it says will “revolutionise” the viewing experience for its leading cycling events.

The English Football Association (FA) has appointed Martin Glenn as its new chief executive.

The total cumulative debt of football clubs in Serie A, Italy’s top division, has increased to more than €1.7bn ($1.9bn), according to newspaper La Gazzetta dello Sport.

Almaty 2022 has unveiled revisions to its winter Olympics masterplan that it states will cut more than $500m (€439.8m) from its budget, should the Kazakh city win the right to stage the Games.

The Italian Rugby Federation (FIR) has today (Thursday) become the latest national union to confirm its interest in hosting the 2023 Rugby World Cup.

Northern Irish businessman Stephen Fitzpatrick has been confirmed as the principal investor, and effective owner, of the Manor Marussia Formula One outfit, as the revived team declared itself ready to race for the 2015 season of the motor racing championship.

Kabaddi's potential in the United States, the 2022 FIFA World Cup and the unique business model for e-sports - Owen Evans reports from the opening day of the 2015 Leaders Sport Business Summit in New York.

Croatia will stage the third round of this year’s Red Bull Air Race World Championship after Sochi withdrew its hosting rights due to financial difficulties.

Royal St. George’s has become the latest golf club in the UK to drop its male-only policy in order to allow women members for the first time.

The British Masters golf tournament will return to the European Tour’s international schedule for the first time in seven years in October.

European Club Association (ECA) chairman Karl-Heinz Rummenigge has said he is confident a solution can be found concerning the conflict between Fifa and Europe’s top clubs over the staging of the 2022 World Cup.

The Ladies European Tour (LET) has received expressions of interest from 10 countries in relation to hosting golf’s 2019 Solheim Cup.

The Irish Rugby Football Union (IRFU) has submitted a bid to host the 2017 Women's Rugby World Cup at locations in both Dublin and Belfast.

Liverpool has posted net income of £900,000 (€1.2m/$1.4m) for the 2013-14 financial year – the English Premier League football club’s first annual profit in seven years.

Uefa Champions League contender Monaco, along with Europa League outfits Inter Milan, Roma, Wolfsburg and Zenit St. Petersburg face further investigation from European football’s governing body under its financial fair play (FFP) scheme.