News

Reebok International Ltd, has laid off 120 employees in Massachusetts, about 10% of its work force in the state, as the second-largest US shoe manufacturer cuts costs and restructures its business.

The Dutch government has topped up its security spending for next year?s Euro 2000 championship it is co-hosting with Belgium, bringing the total budget to $6.75million.

Cook Sports, a subsidiary of Jacksonville-based Cook Marketing Communications, has named Sharon Higdon as director.

Art Modell, owner of the Baltimore Ravens, is reported to be on the verge of selling up to a third of the club by early next year.

European soccer governing body UEFA is to examine a possible US-style salary cap to keep under control the spiralling wages of Europe?s top soccer stars.

Stuart Prebble, the new chief executive of the UK digital platform ONdigital has claimed that BSkyB has "made no secret of their desire to crush us" and appealed to the government for help.

SportsLine Europe Limited, has launched its new rugby site, www.rugby.sports.com , as well as a strategic relationship to become the exclusive Internet sports media partner for the

Prize money for the millennium Dubai World Cup meeting - horse racing's richest event - will be $12 million, almost double this year's figure.

After almost 70 years and a scores of Stanley Cups, the owners of the National Hockey League's Toronto Maple Leafs have put the venerable Maple Leaf Gardens, home to the local hockey club for more than 67 years, on the auction block.

Fogdog Sports has acquired Sports Universe, the action sports e-tailer, providing Fogdog with a new action sports specialty store on the Internet.

The Los Angeles city council could increase city funding for an NFL expansion team. While council members rejected more public funds up front, they did agree to negotiate with the league and the state to see if future public funds could be used.

Yugoslavia's three teams competing in the UEFA Cup will play their "home" matches in the Netherlands, Bulgaria and Macedonia.

SSM Freesports, the UK-based specialist lifestyle sports agency, has announced three high- profile signings to its management team : Nick Kennerley joins as SSM's newly appointed Head of Television, Betty Maitland joins as General Manager and Dan O'Toole as Head of Business Development.

Electronic Arts, the world's largest interactive entertainment software company, has reached an exclusive agreement with Michael Jordan to be a spokesperson for the EA Sports' brand and appear in the company's sports interactive games, including the popular NBA LIVE basketball game.

Former Bulgarian Football Union chief Hristo Danov has been detained on fraud charges, police have confirmed.

Former professional lacrosse player and current business executive George `Gabby? Roe has been selected as Major League Lacrosse's executive director.

Nairobi will host the 2000 International Cricket Council (ICC) one-day knockout tournament between the nine test playing nations, the ICC has confirmed.

New Polish soccer chief, Michal Listkiewicz, has outlined his vision of the game's future.

Italian broadcaster Mediaset has sold its television rights for Serie A soccer club Lazio's Champions League matches to Canal Plus unit Telepiu.

Mario Lemieux has finally completed the purchase of NHL club the Pittsburgh Penguins.