News

UK soccer stadium operator Stadium Radio has signed Clear Channel Radio Sales (CCRS) to sell advertising on the group’s array of stations in a new five-year deal.

Boca Resorts Inc said on Tuesday it had reached a $101 million agreement to sell its entertainment and sports division, which owns the Florida Panthers National Hockey League (NHL) team, to an investment group that includes former Miami Dolphins quarterback Bernie Kosar.

Australian broadcaster Seven Network has defended its decision to only show delayed coverage of the first two-hour sessions of this summer’s Ashes contests between England and Australia, stating that it could not justify screening the cricket in an early evening timeslot.

FIFA and Avaya Inc are set to unveil an accord under which the US business communications group will sponsor the 2002 and 2006 World Cup soccer championships, football's governing body said on Wednesday.

US broadcaster NBC will lose an estimated $36 million in advertising revenue if the Los Angeles Lakers continue their winning streak and whitewash the Philadelphia 76ers in the NBA finals.

The Greek first division will be reduced to 14 teams from 16 only for the coming season, the national soccer association (EPO) said on Wednesday.

FIFA have put back by 24 hours an executive committee meeting expected to discuss the collapse of ISL-ISMM, world soccer's governing body said on Wednesday.

Australian spinner Shane Warne has ended his high profile association with Nike and signed a cricket boot deal worth more than US$500,000 with European company Mitre.

A new regional Australian sports and recreation body, Sports Industry Queensland (SIQ), has been set up to give sports industry professionals in the State of Queensland a better chance of competing for international and domestic business.

The San Francisco Bay Area has officially launched its bid for the 2012 Olympic Games, declaring the region's high-tech expertise, diverse population and dependable weather makes it a perfect venue for the world's premier sporting event.

Coca Cola has signed Britain's biggest sports TV sponsorship deal ever with an agreement to promote Premier League soccer on UK commercial TV station ITV.

Tiscali, a pan-European internet company, and Eurosport have signed a strategic partnership making Eurosport.com the main sports content provider for Tiscali.

Verizon Wireless, the largest wireless provider in the USA, has signed a three-year sponsorship agreement with the Denver Broncos which includes signage, advertising and sales opportunities.

The European Triathlon Championships will be televised live on Eurosport this year.

FIFA Marketing – the new unit set up within soccer’s governing body following the collapse of ISL – is celebrating after clinching a hat-trick of deals.

UK-based independent adviser Alexander Forbes has introduced a financial planning service for professional sports people, including a new ‘end-of-career plan’.

UK cable giant Telewest and interactive digital services network ITV Active have signed a deal with a company called Global Interactive Gambling (GIG) to bring instant gambling to television screens in time for the World Cup next year.

Sepp Blatter, president of soccer’s world governing body FIFA, played down the chances of North Korea hosting any matches in next year's World Cup finals, but said he would still probably visit the country later this year.

Proponents of a new arena for US basketball team the Charlotte Hornets have been forced to regroup and determine whether they can find a way to keep the team in Charlotte after the project was rejected by city voters.

Money manger Derek Sanderson has switched from New York-based State Street Research & Management to rival firm State Street Global Advisors to kick start the firm’s new Professional’s Group, catering for pro athletes, entrepreneurs and agents.