News

Voters in St. Paul have rejected a half-percent increase in the city's sales tax to help build a new baseball stadium for the Minnesota Twins.

Lloyds TSB will support an appeal by the British Olympic Association's (BOA) to raise 4m to support the Great Britain team at the Sydney 2000 Games and Paralympics, according to a Financial Times registered source.

The WTA Tour is close to completing a five-year title sponsorship contract worth more than $40 million with Sanex, a subsidiary of the Sara Lee Corp, according to a report in the US advertising and media magazine Brandweek.

English Division football club Nottingham Forest is facing a costly legal battle yesterday after two former directors began a High Court action challenging an earlier takeover of the club.

The 2002 Winter Olympic Games have a new backer .

The irony of A.C. Milan?s elimination from the Champions League and failure to make the cut for the UEFA Cup will not be lost on the lcub?s owner Silvio Berlusconi.

Rupert Murdoch has confirmed that British Satellite Broadcasting, the pay-TV service in which News Corps has a 40% stake, has been invited to take a 24.9% take in Premiere, the German digital TV service, owned by media magnate, Leo Kirch.

The International Federation of PGA Tours and Nike Golf have announced an agreement whereby Nike Golf becomes an "Official Sponsor" of the World Golf Championships.

The BBC has paid #6m ($10m) for the broadcasting rights to FIFA's World Team Championship in Brazil. That is half the price once suggested - probably because other broadcasters showed little interest.

Voters in three Arizona cities have given the go-ahead to a taxpayer-supported redevelopment project including a new arena for the Phoenix Coyotes of the National Hockey League.

English soccer club Nottingham Forest has said proceedings had been issued in the High Court following opposition to a takeover of the First Division side.

Voters in St. Paul have rejected a proposed sales tax hike that would have helped build a new stadium for baseball's Minnesota Twins of American League.

Italian Serie A club Parma ended the1998/99 season with profits of 7.1 billion lire ($3.85 million), with turnover up by 33 percent, the club has announced.

The Rugby World Cup third-place playoff between South Africa and New Zealand will be shown live on terrestial television in Wales, but nowhere else in Britain.

The rugby World Cup has been a profitable time for memorabilia manufacturers in Wales but a complete tourism boom has failed to materialise.

Sportal, the Internet sports company, has agreed a five-year deal with the South Africa Rugby Football Union (SARFU) and South African investment company SAIL Media to develop www.sarfu.org.za, the official South Africa rugby site.

Visa USA, in its fourteenth year as the `Exclusive Payment Card? of the Olympic Games, will fully integrate its Olympic marketing efforts for the 2000 Sydney Games under the marketing platform, `Dream with No Boundaries?.

Rugby World Cup chiefs are unlikely to answer calls to shut the retractable roof on Cardiff's new Millennium Stadium for Saturday's World Cup final and stage the first indoor test unless the players' safety is threatened.

Yahoo! Inc, the leading global Internet media company, has signed a sponsorship agreement with the New York Yacht Club/Young America Challenge for America's Cup 2000, Young America.

Greece expects local sponsoring to raise $285 million for the 2004 Olympics in Athens, organisers have said.