Italy

Indonesian businessman Erick Thohir is reportedly close to finalising his long-running bid to acquire a majority stake in Italian Seria A team Inter Milan, after flying to the country to hold talks with the club's president Massimo Moratti.

Italian football clubs Lazio, Genoa, Lecce and eight players, including Lazio captain Stefan Mauri, will face charges related to match-fixing.

Two Serie A players have been banned for three months and 10 days and fined €10,000 in the latest development in Italian football’s long-running match-fixing scandal.

Euroleague Basketball has announced that the 2014 Turkish Airlines Euroleague Final Four will be held at the Mediolanum Forum in Milan from May 15-18.

Italian grand prix organiser ACI (Automobile Club of Italy) today insisted its Monza race will remain on the Formula One calendar.

Inter Milan’s president Massimo Moratti has played down investigations by the Italian Finance Guard force for money laundering and tax evasion in Italian football.

Italian finance police seized documents from around 40 football clubs today as part of an investigation, dubbed Sick Soccer, into possible tax evasion and money laundering through the buying and selling of players.

The inaugural 2015 Mediterranean Beach Games will be held in Pescara, Italy, it has been announced.

Inter Milan president Massimo Moratti is reportedly prepared to sell a stake in the Serie A club to Indonesian billionaire Erick Thohir, according to Italian media.

Italy’s top six clubs are facing the threat of a reduction in their income from media rights after the country’s competition watchdog called on the government to alter the current revenue distribution model in the domestic game.

Serie B, the second division in Italy, will introduce a salary cap for its players next season in a bid to curb excessive spending by clubs.

AS Roma has terminated investment talks with Sheikh Adnan Adel Aref al Qaddumi al Shtewi, but has maintained that the move will not affect its plans to develop a new stadium.

AS Roma has confirmed that it has agreed a 10-year kit supplier deal with Nike.

Juventus has announced profits of Eur11.3 million for the first half of the 2012-13 financial year, but the Serie A champion is still expecting to post a loss for the full 12-month period.

Italian state broadcaster RAI has signed a four-year extension to its rights deal with ‘Grand Tour’ cycling event the Giro d’Italia.

Serie A champion Juventus has agreed a new partnership with Energy Trade International.

Luca di Montezemolo, one of the most influential figures in Formula One, appears set to continue as president of Ferrari after stating that he will not campaign for a seat in Italy’s parliament.

AS Roma’s American owners have taken a significant step forward in their goal of developing a new home for the Italian Serie A football club by announcing plans to build a stadium in Rome in readiness for the 2016-17 season.