Sweden
IIHF and NHL close to payment deal
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.
Sportal finally secures funding
European internet sports network Sportal has finalised a new round of funding for its operations, which the company envisages will see it through to profitability in early 2002.