Italy

Italian soccer clubs Lazio and AS Roma have set up a joint company to bid for Rome's Foro Italico sports complex, which includes the Olympic Stadium they currently share as their home ground.

UEFA president Lennart Johansson has called on FIFA chief Sepp Blatter to explain the collapse of FIFA's marketing agent ISL and the cancellation of the World Club championship or face the consequences, which could lead to his removal as president of the game's ruling body.

Online betting shop Coral Eurobet has signed a deal with loss-making mobile entertainment company 12snap to allow punters to place bets using mobile phone text messaging services.

The G14 group of elite soccer clubs has called on UEFA to introduce a "fair and open" tender for the marketing rights to the Champions League.

MVi Total Sponsorship, the sponsorship division of global media communications giant CIA, is set for a major expansion programme into Europe.

A meeting of the G14 group of top European soccer clubs has failed to agree criteria for the admission of new clubs, reports sportbusiness.com soccer writer Simon Banks from Milan.

Fourteen of the biggest soccer clubs in Europe are meeting in Milan today and are likely to welcome up to 10 more clubs into their 'economic interest group', the G14. Sportbusiness.com?s soccer correspondent Simon Banks will be at the meeting, bringing you up-to-date with all the latest developments. See the FEATURES section of sportbusiness.com for a full report on the history of the G14.

Europe?s leading car-makers met last week in Rome to discuss plans to set up a motor racing competition to rival Formula One.

Soccer fans in the UK are spending more than twice the money of their European counterparts on soccer merchandise, according to a football merchandise report carried out by Cologne-based market researcher Sport+Markt.

Sportal, the troubled UK-based sports internet company, has told sportbusiness.com it has room for ?cautious optimism? over finding an investor to save it from administration.

Italian Serie A soccer club Juventus has signed a new shirt sponsorship deal with the country?s broadband ISP FastNet for next season, replacing broadcaster Telepiu, whose deal was worth #5.5m ($7.79m) a year.

Moscow may be on the Formula One Grand Prix map as soon as 2003, if the International Automobile Federation (FIA) gets its way.

Sportal, the UK-based sports internet company, will today make last-ditch attempts to save itself from administration.

A survey of soccer players earnings by France Football, the weekly magazine, has found that Juventus player Zinedine Zidane is the highest paid player with an annual income of $11.6 million.

Lazio, one of Italy?s leading soccer clubs, has been banned from playing at its Olympic Stadium for one month and has been fined $28,000 after their fans displayed and shouted racist abuse during Sunday?s derby match against Roma.

Italian pay-TV networks Stream and Telepui have agreed merger terms, reports the Guardian newspaper in London.

Italy has moved closer to selling Rome's Foro Italico sports complex, announcing it would auction one of the great projects of Fascist dictator Benito Mussolini "very shortly".

The European Union's executive Commission has cleared new UEFA broadcasting rules allowing national soccer associations to block televised live soccer matches during key weekend fixture periods.