Italy

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.

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.

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…

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.

The International Canoe Federation (ICF) has awarded hosting rights for 10 world championship events and has revealed reform plans to tie into the International Olympic Committee’s (IOC) Agenda 2020 efforts.

Italian Serie A crisis club Parma has been declared bankrupt this (Thursday) afternoon following months of financial difficulties.

Crisis-hit Italian Serie A football team Parma has been hit with a further two-point penalty for failing to pay its players’ wages, as the club prepares to face a bankruptcy hearing on Thursday.

Silvio Berlusconi, owner of Italian Serie A football club AC Milan, has reportedly signed a preliminary agreement to sell a 30 per cent stake in the team to Thai businessman Bee Taechaubol.

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.

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.

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

The Italian Football Federation (FIGC) and Lega Serie A have been criticised after Parma’s match against Udinese on Sunday was postponed amid an escalating financial crisis at the former club.

Thai businessman Bee Taechaubol has confirmed he has held talks with AC Milan about possible investment in the Serie A football club, but has denied suggestions of a formal takeover offer for the Italian giant.

Serie A football team Inter Milan has appointed London-based agency Somethin’ Else to create a new content strategy that aims to allow the club to better connect with its fans in Italy and around the world.

Maurizio Beretta, president of Lega Serie A, has confirmed that the top-tier of Italian club football has “unanimously” approved the use of goal-line technology (GLT) from the 2015-16 season.

World Rugby, the global governing body of rugby union, will trial a new Hawk-Eye system in selected games in the Pro12 European club competition from this week ahead of the possible use of the technology during the 2015 World Cup.

Fininvest, the holding company of AC Milan owner Silvio Berlusconi, has denied reports that a deal has been struck to sell a substantial stake in the Serie A football club to a Thai consortium, with a view to the group securing outright ownership of the team.

Former Ferrari chairman Luca Di Montezemolo has been appointed to chair Rome’s bid for the 2024 Olympic Games, offering the Italian capital’s candidacy a high-profile figure with significant experience in both sport and business.