News
Octagon sets sail with Clipper Ventures
Octagon UK and ocean racing company Clipper Ventures have signed a commercial agreement for Clipper Ventures’ around-the-world yacht race for elite, solo sailors known as “Around Alone”.
Weak currencies hit Nike revenues
Sportswear giant Nike has reported a one percent drop in first quarter earnings – yet still recorded revenues of $2.6bn (B
Hockey business title to be sold
GTC Transcontinental Group plans to sell its publications The Hockey News and Hockey Business News as it shifts its publishing focus away from sports, according to a leaked internal memo.
CART’s Heitzler: We still want $100m from ISL
CART CEO Joseph Heitzler has told sportbusiness.com his organisation is still ‘vigorously’ pursuing a massive multi-million dollar lawsuit against bankrupt marketing firm ISL – and is on the verge of recruiting a new vice-president to head its new internal marketing department.
Norwich Union in new athletics deal
Insurance brand Norwich Union has renewed its title sponsorship of domestic athletics events in the UK in a new deal worth £20million ($29.29m/B
New York Games offer rejected
International Olympic Committee president Jacques Rogge has dismissed claims New York should be automatically handed the 2012 Olympic Games in the wake of the suicide plane attacks in America.
Rogge something or other
IOC president Jacques Rogge has dismissed claims New York should be automatically handed the 2012 Olympic Games in the wake of the suicide plane attacks in America.
Investors leave YankeesNet
Two of the prime backers in YankeesNet - the soon-to-be-launched regional TV network for the New York baseball franchise - have reportedly pulled their combined $170million (B
Dallas Cowboys look to sell stadium rights
The Dallas Cowboys, one of the world’s most successful sporting franchises, is proposing to sell exclusive rights to four sections of their 30-year-old Texas Stadium rather than slap a corporate name on it.
FIFA agrees early kick-offs
FIFA, the soccer world’s governing body, has confirmed an afternoon kick-off time for England and Germany's final World Cup qualifying games on October 6.
Women’s wrestling to be introduced at Athens 2004
The International Olympic Committee (IOC) is to introduce women’s wrestling at the 2004 Olympic Games in Athens but it told boxing to axe one of its weight divisions.
Women’s wrestling to be introduced at Athens 2004
The International Olympic Committee (IOC) is to introduce women’s wrestling at the 2004 Olympic Games in Athens but it told boxing to axe one of its weight divisions.
Property developer in QPR move
The future of English soccer club Queens Park Rangers could be resolved in the next three weeks after a consortium had an £8.5million ($12.45m, C)13.43m) bid accepted.
Lumme takes up VP post at ESPN
Timo Lumme, the former general manager at the now defunct Quokka Sports, has taken up the post of vice president of Europe, Africa and the Middle East at ESPN International.
Offer raised to buy PGA European
Denis O’Brien, the millionaire Irish businessman, has raised his offer to buy PGA European Tour Courses PLC, a golf course operator, by three million pounds to £35m ($51m/B
PlayStation to sponsor Footballranking.com
PlayStation has become the second official sponsor after sports photo supplier Allsport of Footballranking.com, the worlds largest independent fan ranking site.
Multipole wins Italian Cup TV rights for US and Latin America
Multipole International has picked up the contract to market the television rights in the US and Latin America for this year’s Italian Cup.
Sky Sports gains 170,000 subscribers
UK satellite network Sky Sports has attracted 170,000 subscribers to its season ticket proposition within the first week of sales as well as securing a lucrative title sponsor.
UEFA Cup competition to be revived
UEFA will discuss changes to the UEFA Cup competition in a bid to boost the event’s poor image when compared with the Champions League.
Wembley Stadium hangs on
Wembley and Birmingham are the last two contenders to become the official site for a new national stadium in the UK, according to a government report to be released in the next few days.