News

Vince McMahon, founder of the World Wrestling Federation, is worth an estimated $1.5billion after shares in the company soared on its first day of trading.

ESPN International has developed a new computer-based ranking system for the world?s leading soccer clubs.

Following a public outcry concerning the unfairness in the allocation of Olympic tickets because postal delays meant thousands of first-round applicants were disadvantaged in making their second applications, SOCOG have abandoned their first-in-first-serve ticket policy,

The European Commission has backed the idea of a world sports anti-doping agency but wants guarantees about how it would operate.

Rotterdam police and local authorities are falling badly short in their efforts to contain a rising hooligan threat at next year's European championship finals, an independent research body has said.

TWR has signed the Baan Company ? a global provider of enterprise business solutions ? as a new sponsor for its Formula One Grand Prix team.

A clash between football and athletics bosses over London's Wembley Stadium is compromising Britain's hopes of staging future Olympic Games, the British Olympic Association's chief executive has said.

Greg Norman has dipped into his own pocket to make The Greg Norman Holden International Australia's richest golf tournament after a A$1m (#400,000) boost in prize money.

OnDigital, the UK's digital terrestrial pay-TV service, has bought the exclusive rights to the German Bundesliga and will begin broadcasting games in November.

Sporting goods manufacturer, Reebok, has published a report strongly criticising working conditions in factories in Indonesia manufacturing its own products.

The Prince of Wales, Prime Minister Tony Blair and film star Hugh Grant will lead attempts to impress international soccer chiefs who will inspect England's World Cup 2006 facilities this week.

Andrew Croker, formerly joint head of football for IMG, the sports marketing agency has joined Sportal, the internet sports company run by Rob Hersov.

TWR has signed the Baan Company ? a global provider of enterprise business solutions ? as a new sponsor for its Formula One Grand Prix team.

More than one and a quarter million people jammed telephone lines as they tried to buy a ticket for England's vital Euro 2000 playoff match against Scotland next month.

An investment banking firm in New York is in the final stages of purchasing Major League Soccer outfit DC United's operating rights, according to a report in the Washington Post.

Robert-Louis Dreyfus, head of adidas and president of French soccer club, Olympique Marseilles, has called for an end to the "hypocrisy' on performance enhancing drugs in soccer.

Head of IMG, Mark McCormack, has discussed the future of his company in an interview with the UK's Sunday Business newspaper.

Organisers of next year?s Sport Summit say they are anticpating a bumper turn-out for the first show of the new millennium.

A number of chess players battling against world champion Garry Kasparov on a Microsoft web site this week accused the company of mishandling a move that denied them at least a highly-respectable draw.

CART and Gold Coast Motor Events ? a partnership between the Queensland government in Australia and IMG ? have signed a deal to keep the FedEx Championship Series visiting the city through until 2003.