Luxembourg

Southern African Investments Limited (SAIL), the sports brand management company, has acquired Vodacom Sport and Entertainment (VSE), the sponsorship and event management arm of Vodacom, the South African telecommunications group.

SFX Sports Group has appointed former PSV Eindhoven soccer executive Chiel Dekker manager for the Benelux region.

Details of the route for the 2002 Tour de France have been leaked to the French media – more than a week before it is officially announced.

Reigning Scottish Premiership soccer champions Celtic are offering overseas fans the opportunity to watch the club's pre-season warm-up matches through a video-on-demand webcast.

South African sports brand marketing company SAIL has notified the JSE Securities Exchange South Africa and the Luxembourg Stock Exchange of discussions with the West Indies Cricket Board (WICB) to form a commercial partnership in line with SAIL’s strategy of expanding into international sports brands.

UEFA?s executive committee will stage its first meeting of the new century at UEFA's new headquarters, the House of European Football, in Nyon on February 11.

International media magnate Rupert Murdoch has agreed to sell the German television rights to European Champions' League soccer for the next three seasons, the Sueddeutsche Zeitung newspaper has reported..

Only clubs which can prove they are financially stable and soundly managed will be allowed to compete in fixtures organised by UEFA from the 2003-04 season, European soccer's governing body has announced.

German fund management company The Union Investment group has launched the countries first sports equity product. UniSport50Plus, launched on April 1 1998, is aimed at capital investors interested in sport.

A Belgian court will rule on whether the system of transfer fees for soccer players violates European Union rules, in a case reminiscent of a dispute over Brazilian striker Ronaldo's move to Inter Milan in 1997.

Racing tycoon Bernie Ecclestone's efforts to raise $2.0 billion with a controversial bond have received a fresh setback as bankers said the London Stock Exchange (LSE) was so far reluctant to list the security.

South African sports brand marketing company SAIL has notified the JSE Securities Exchange South Africa and the Luxembourg Stock Exchange of discussions with the West Indies Cricket Board (WICB) to form a commercial partnership in line with SAIL?s strategy of expanding into international sports brands.

The European Union's Health Commissioner David Byrne has said he planned fresh proposals to crack down on smoking in the wake of a court ruling which overturned EU legislation banning tobacco advertising.

Celtic?s UEFA Cup match against AS La Jeunesse D?Esch from Luxembourg will be webcast live on Celtic?s official site, www.celticfc.co.uk.

Scottish Premiership club Celtic has unveiled a pre-tax loss for the full year of 5.9 million pounds ($8.85 million) and pointed the finger at poor performance on the pitch.

Scottish Premier League soccer clubs Rangers and Celtic have signed a deal to broadcast games in Europe on pay-per-view television in the UK.

Germany's top television channel, RTL has bought the coveted free-to-air rights to Champions League soccer from September for the next three seasons.

The Football Association chairman Geoff Thompson is standing for election to UEFA?s executive committee, which currently has no English representation.