Scandinavia

European athletics chiefs have agreed to stage a new indoor European Cup in 2001, an athletics source said recently.

Pangolin, the independent sports media company,has bought the the popular Scandinavian multi-sport siteSportNow (www.SportNow.se).

Russia may file an official complaint against a Swedish company that supplied radioactive sand for a court being laid for a Davis Cup quarter-final.

A three-year agreement between the International Ice Hockey Federation (IIHF) and the NHL over compensation payments for players leaving IIHF-federations to find their fortune in the big money US league, is on the verge of being ratified.

Anshutz Sports & Entertainment Group (AEG), the owners of the National Hockey League team the Los Angeles Kings and Major League Soccer club LA Galaxy, will invest in two Swedish clubs to expand its sporting assets outside the US.

Sports Resource Group plc is to acquire Sweden-based IEC in Sports International Events and Communications AB for an initial consideration of up to #17.5million ($25.04m/?28.44m).

Mercedes-Benz USA has signed an endorsement deal with LPGA professional Annika Sorenstam.
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Kazakhstan would be welcomed as the 52nd member association of UEFA if they went ahead with plans to quit the Asian confederation, officials said on Wednesday.

MTG, the Scandinavian media company, has bought 17% of the share capital of Stockholm-based soccer club Djurgaarden, worth SKr7m ($781,000), according to news sources.

Sweden?s answer to Rupert Murdoch, Jan Stenbeck, has bought a 17 per cent stake in soccer team Djurgarden. Stenbeck's company, Modern Times Group (MTG), owns several media companies, including the free commuter newspaper Metro which was introduced in the UK two years ago.

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.

The official web site of the 2001 Masters Tournament, created by Augusta National and IBM, registered 49.8 million page views by nearly 1.1 million unique users during the event period, April 2-8.

European Union sports ministers aim to give Europe the leading role in the fight against drugs in sport with a funding proposal for the World Anti-Doping Agency (WADA).

The EURO 2000 football championships were watched by a cumulative audience of seven billion people, a new survey reveals.

Representatives from FIFA, UEFA, Europe's leading clubs and the players' union met on Tuesday to discuss proposed changes to soccer's transfer system but were unable to reach any agreement.

FIFA and UEFA are confident of reaching agreement on new player transfer rules within 10 days.