North America
PROBE LAUNCHED INTO GYMNASTICS FEDERATION
Romania's sports ministry (MTS) has launched an official investigation into alleged financial irregularities at the Romanian Gymnastics Federation, a ministry spokesman has said.
SPORT BUSINESS AT FOOTBALL EXPO: ENGLAND IMPRESS WITH BID PRESENTATION
The last two weeks have shown `significant? signs that England?s World Cup 2006 bid may be leading the field, according to Roger Kelly, England?s 2006 bid spokesman, speaking this afternoon at England?s 2006 presentation at Football Expo in Cannes.
NFL SET TO PAY OUT $2.4m
Hartford, Connecticut is expected to receive $2.4 million from the NFL to settle legal issues surrounding the New England Patriots? botched plans to move to the city, according to a report in a US newspaper.
YANKEENETS TO SELL $250m OF `JUNK? BONDS
The YankeeNets ? the company which controls the New York Yankees and the New Jersey Nets ? has announced it is to sell bonds worth $250m to complete the acquistion of the baseball team.
TICKETS.COM WRAPS UP BAY AREA DEALS
Following recent renewal deals with the San Francisco Giants, the Oakland Raiders, and Oakland Athletics,
IOC HEAD FOR UEFA CLASH
International Olympic Committee president Juan Antonio Samaranch has said he wants more experienced players to improve the standard of soccer at the Sydney Games, a move that could spark a new row with Europe's top clubs.
RFK GETS MLS BIG GAME
Washington has been confirmed as the venue for this year?s Major League Soccer championship match.
ESPN INTERNET GROUP APPOINTS INTERNATIONAL MANAGER
Minard Hamilton, formerly senior vice president, ESPN International, has been named general manager of international business for ESPN Internet Group (EIG), a part of GO.com .
LONDON LICENSING SHOW JOINS FORCES WITH NEW YORK
Single Market Events, organisers of Brand Licensing London, have formed a strategic alliance with Avanstar Communications, organisers of the New York International Licensing Show.
BERNIE SELLS F1 SHARE `IN $1bn DEAL? – REPORT
Motor racing boss Bernie Ecclestone has agreed to sell 37.5 percent of his Formula One business to U.S. private equity firm Hellman & Friedman for #625 million ($1 billion), according to a report in the UK?s Sunday Times newspaper.
SERIE A TEAMS CONSIDER SELLING OFF STREAM SHARES
Four Italian Serie A soccer clubs have said they did not plan to leave pay-TV group Stream but could sell their stake to co-shareholders Telecom Italia and Rupert Murdoch's News Corp for the right price.
ESPN GRAPHICS SHARP AS A RAZOR
ESPN has retained design firm Razorfish to further develop its X-Games branding.
UPS LAUNCHES NASCAR SPONSORSHIP
UPS will launch its five-year agreement to become the official express delivery company of NASCAR at this Sunday's Daytona 500.
SCHILLER APPOINTED CHAIRMAN AND CEO OF YANKEENETS
Dr. Harvey W. Schiller, former president of Turner Sports, a division of TBS, has been named Chairman and CEO of YankeeNets, the recently completed merger between the World Champion Yankees and the New Jersey Nets.
TIME WARNER SELECTS INTERVU FOR GOODWILL GAMES WEB DELIVERY
INTERVU Inc., a service provider for Internet audio and video delivery solutions, has been selected by Time Warner to provide streaming media services for the Winter Goodwill Games in Lake Placid, New York, February 17-20. INTERVU will deliver video highlights each day of the event to the Goodwill Games Web site located at: www.goodwillgames.com.
FORE! AS NEW GOLF MAG PLANS LAUNCH
News Corp. Ltd., seeking to capitalise on the increased interest in golf, this week said it would publish a new sports/lifestyle magazine called Maximum Golf, with planned circulation of 350,000.
NHL BUYS `$10m? OF IBM SHARES FOR TOTAL ONLINE OWNERSHIP
The NHL has purchased all IBM shares of NHL Interactive CyberEnterprises, (NHL Ice) and will become sole owner of the property, in a deal estimated to be worth $10m.
ESPN MAGAZINE APPOINTS NEW PUBLISHER
Andrew Sippel has been promoted to publisher and vice president of the sports publication ESPN The Magazine.