News

Greece has unveiled its emblem for the 2004 Summer Olympic Games, chosing a simple olive wreath to underline its desire to take the Games back to their roots.

Fox Sports Net and Southwest Sports Group, the Dallas-based sports and entertainment company controlled by Tom Hicks, have entered into a comprehensive long-term broadcast partnership agreement that will keep the Stanley Cup champion Dallas Stars and American League West Division Champion Texas Rangers on Fox Sports Net Southwest and add the Mesquite Championship Rodeo to the network's programming line-up.

Eagles, the Aim-listed operator of Sheffield Eagles rugby league team and Sheffield Sharks basketball club, has concluded merger talks with Huddersfield, thereby qualifying for the full #1.25m incentive payment from the UK's rugby Super League.

Continuing the trend towards combined ownership of more than one sports franchise, the owners of Minnesota's NBA and NHL teams are were working on a deal to buy the Minnesota Twins, contingent upon the construction of a new stadium in St. Paul.

The International Olympic Committee (IOC) executive body has begun a five-day meeting in Greece amid growing concerns over delays in preparation for the 2004 Athens Games.

Over the years sport has been shaped by many great teams and partnerships. Now there is a new pairing which promises to impact on the sports business in a most dramatic way.

The International Ski Federation (FIS) goes live with its new web site this week with the ambition of becoming the authoritative ski site on the web.

Brunei will host the World Grand Prix badminton finals for the next three years.

Promoter SFX Entertainment Inc has acquired Tellem & Associates, in a deal that creates a powerhouse sports agency that will represent some 700 professional sports figures including Nomar Garciaparra, Kobe Bryant and Michael Jordan.

Soccer's world governing body FIFA has said it planned to bring in new rules to stem the rise in the number of matches and stop transfer fees spiralling out of control.

A new, independent study comparing the effect of virtual advertising and conventional arena advertising on viewers of televised sports reveals that TV audiences had better recall and greater brand recognition with virtual ads.

Television companies attacked sports clubs this week for demanding exorbitant fees for the rights to transmit top events and said the trend was harming viewers, broadcasters and sports themselves.

IMG/Chase Sports Capital Partners, of New York, have agreed to acquire a 72% ownership interest in The Golf Warehouse (www.thegolfwarehouse.com or www.tgw.com), of Wichita, Kansas, a leading online retailer of golf-related products.

The French government has agreed on a bill to tax revenues from broadcasting rights and use the proceeds to help sport at local and youth level.

Sportsworld Media, the sports television and events management group will be looking to South America to add to its recent acquisitions, as it announced its preliminary results for the 14 month period ended June 30.

The impact of a biennial World Cup could cost European soccer at least $1billion over an eight-year cycle and severely damage European soccer until at least the year 2016 says a study of the plan ommissioned by UEFA.

The controlling body for football in the regions of North America, Central America and the Caribbean ? CONCACAF ? has unveiled a new name, logo and web-site.

The French Tennis Federation has chosen Nice as the venue to host the Davis Cup finals in December.

The Washington Redskins plan to name Steve Baldacci their team president within the next several days, according to a report in the Washington Post.

The controversial scenes at the finale of golf?s Ryder Cup could have far reaching consequences after a number of leading European players said they may snub plans to play the event in the States again.