United Kingdom

Glasgow Rangers’ appeal against playing its Uefa Cup tie in Dagestan has been rejected by the Court of Arbitration for Sport (CAS).

Francis Baron, secretary of the Rugby Football Union (RFU), has confirmed they will bid to host the 2007 World Cup tournament which will put England in direct competition with France.

English Rugby League team the London Broncos confirmed to sportbusiness.com that, contrary to earlier reports, no decision on who would take over from Virgin as the new owners of the club would be made until next week.

The terrible events in the US yesterday caused havoc with sporting events across the globe with all Major League Baseball games last night called off, this week's UEFA European soccer ties postponed, and a question mark hanging over this weekend’s NFL ties and golf’s Ryder Cup later this month.

England Rugby, the new joint venture between the Rugby Football Union and Premier Rugby, has appointed the largest independent television production company in the UK, TWI, to handle its sales of international television rights in overseas markets.

UK Athletics is set to announce a big sponsorship deal later this week.

Sportsetail, the merchandising business owned as a joint venture by the UK’s Hay & Robertson and BSkyB, has reached a European product and distribution agreement with FIFA for the 2002 World Cup in Korea and Japan.

London stock market-listed Sportsworld Media Group plc has issued a statement reiterating its confidence in meeting market expectations for the year ended 30 June 2001, despite a 20% fall (from a weekly high of 373.5p 312.5p) in its share price over recent days.

The New York Yankees has created its own television company called YES with hopes of doubling its broadcast revenues.

Britain's betting taxes will be scrapped in October and replaced by a tax on bookmakers' gross profits, the government said on Friday.

London’s hopes of staging the 2012 Olympic Games were enhanced after Beijing was chosen to host the 2008 games.

The future for a new Wembley Stadium looks bleak after it became clear the UK government is unlikely to support a new major national stadium in London.

The heads of FIFA, president Sepp Blatter and secretary general Michel Zen-Ruffinen, have exchanged views and information with representatives from G-14, including Real Madrid president Florentino Perez, at a meeting in Zurich.

Shares in the Italian soccer giant Juventus will be offered to UK financial institutions when the club is listed next year.

With the European club soccer season drawing to a close, how have the winners and losers insured against the financial implications of success and failure? Sportbusiness.com asked Jonathon Ticehurst, managing director, sports and international divisions, of London-based Windsor insurance brokers, what insurance measures can be put in place to steady club finances at the sharp end of the season.

Welsh soccer chiefs may call in soccer’s world governing body FIFA over a row with Ukrainian embassy officials who have refused to grant striker John Hartson a visa ahead of next Wednesday's World Cup qualifier in the former Soviet Union.