Germany

Kirch, the owner of the television rights for Germany's premier soccer league, plans to offer a cheaper subscription rate to win more clients for its loss-making PremiereWorld pay-TV channel, a German magazine reported over the weekend.

A three-year agreement between the International Ice Hockey Federation (IIHF) and the NHL over compensation payments for players leaving IIHF-federations to find their fortune in the big money US league, is on the verge of being ratified.

Organisers of the Indianapolis Championships want to bump the men's tournament up to Masters Series level - just one below Grand Slam status.

European internet sports network Sportal has finalised a new round of funding for its operations, which the company envisages will see it through to profitability in early 2002.

German-based company UFA Sports, which has made its name by snapping up TV rights to European soccer clubs, has secured deals with more than half of the clubs playing in the first round of this year’s UEFA Cup competition.

English soccer club Chelsea is in talks with Italian club Lazio about setting up a rival to the G14 group of top European clubs.