Italy
Business

European soccer should continue to attract major financial investors and sponsors over the coming years, despite some clubs struggling to currently stay afloat, claims a major new report.
Business

Volvo has restructured its sponsorship of golf – extending his long-term commitment to the sport, but ending its naming rights deal of the PGA Championship at Wentworth.
Media

Competing teams in rugby’s Six Nations are to usher in a new framework which will provide a new structure for the ‘pooling and sharing of income’ and ‘maximise commercial revenues’.

NHL commissioner Gary Bettman has said his players will not be released for duty during the 2006 Olympic Games if a labour dispute forces the league to close its doors next season.

Cycling’s World Cup of one-day races is to be scrapped and replaced with a new Pro Tour – which will include the Tour de France.
Events

UK soccer fans can tune into live and on-demand Italian Serie A action this weekend after a deal with ISP Tiscali.

International TV data bank service Eurodata TV is to launch a service during this summer’s Euro 2004 to provide its clients with overnight TV audiences of all the tournament’s matches.
Stadia

Organisers of the Powerboat P1 World Championship have unveiled the first Grand Prix to be staged in the UK.
Events

Plans by the Italian government for a decree to assist soccer clubs spread their tax arrears over a number of years have been shelved.
Business

Jean-Claude Darmon could end up with as much as ten percent of Sportfive as he continues negotiations with its new owners, sportbusiness.com can reveal.
Events

Seven of Europe’s biggest clubs have confirmed they will all take part in a special tournament to be held in the US this summer – the latest effort to boost their brands in the world’s biggest marketplace.
Media

Italian soccer clubs have been told to get their tax affairs into order – or risk being kicked out of the league.
Business

Budweiser has signed a deal to become official beer sponsor of the Turin Winter Games in 2006.
Business

Adidas says it is banking on a glorious summer of sport to boost its brand – while Nike is predicting a bumper profit, as the two sportswear giants reveal their latest financial positions.
Media

The new Formula One season gets underway in Australia this weekend – with one leading TV ratings expert predicting the sport is back on track.

The deputy Prime Minister of Italy has said innocent soccer clubs have nothing to fear as police investigate claims of accounting irregularities.
Stadia

A major new online venture by Global Sportnet and Narrowstep will test its technology after securing deals to webcast the UEFA Cup campaigns of two major European soccer clubs.
Business

US event promoter Pro Sports & Entertainment, Inc has acquired the Core Tour, a nationwide action sports and music festival tour.