News

Britain's Channel 4 has signed a three-year deal to continue showing live Italian Serie A soccer.

Alberto Silvio Bichi has been unanimously elected as the new secretary general of the Federation of the European Sporting Goods Industry (FESI).

South Africa has shrugged off fears that the threat of crime and small crowds would tarnish the 11-day All Africa Games, which start this week.

Award-winning US advertising agency, Leo Burnett, has resigned the Fila USA account, citing "philosophical differences," an agency representative said.

Southampton Leisure Holdings, the owner of English Premier League Club Southampton has denied rumours that it had held talks with BSkyB, which has taken stakes in Manchester United and Leeds Sporting, the owner of Leeds United.

It has been confirmed that an Asian boycott of the 2002 World Cup has been averted when FIFA president Sepp Blatter and Asian confederation president Sultan Ahmad Shah reached an agreement on the allocation of teams for the finals.

London-based financier Guy Hands is in talks to acquire a majority stake in motor racing concern Formula One from owner Bernie Ecclestone, according to a report in the UK?s Mirror newspaper.

Italian Serie A club Lazio has said it plans to leave Rome's Olympic stadium and move to a new ground.

China has set up a 76-member committee to organise Beijing's bid for the 2008 Olympic Games.

The judge investigating allegations of match-fixing and betting against Pakistan cricket captain Wasim Akram and two other leading players has said he expected to submit his report next week.

Romanian Prime Minister Radu Vasile has accused local soccer club presidents of resorting to illegal payments in a long-running match-fixing scandal, the first such accusation made by the country's top leaders.

Imola staged what will probably be its last motorcycling Grand Prix for the foreseeable future on Sunday after years as one of the world's most challenging circuits.

Veteran Nike executive Timothy Joyce has been named president of Fogdog Sports, the largest US online sporting goods retailer

The Times Mirror Co says it has decided to sell The Sporting News, the country's oldest sports magazine, as well as a professional training company, a health information unit and an interactive software firm.

A threatened Asian boycott of the 2002 World Cup looks likely to be averted after the Asian Football Confederation cancelled an emergency meeting and asked member countries to enter the Cup's qualifying competition.

The first test of enhanced security measures for next year's European soccer championships caused long traffic tailbacks at the weekend and led to complaints from local residents.

Scottish Media Group Plc said it is investing #8milion($12.86m) in Edinburgh soccer club Hearts in a deal which could ultimately give it a stake of up to 37.4 percent.

Sports Dome 2001, the consortium made up of businesses and sporting bodies which aims to turn the site of the Millennium Dome in London into a complex dedicated to sport, have met up to finalise their proposals.

Minnesota Vikings owner Red McCombs has rebutted a newspaper report that said he would move the NFL franchise to another city if the public refuses to help him build a new stadium.

The Australian Olympic Committee is launching a major advertising campaign calling on all Australians to get behind the team as the countdown to the 2000 Sydney Olympics gets underway.