Events

The death of ISL comes at the end of six months of struggling against a growing tide of debt ? see the FEATURES section for a look at the events leading to the bankruptcy of the ISMM Group.

British Grand Prix organisers plan a $60m (#42m) revamp of Silverstone to make it one of the world's best Formula One venues.

India's cricket board has withdrawn its threat to boycott major events such as the World Cup and is ready to host next year's International Cricket Council (ICC) knockout tournament, the board's president has said.

Tobacco advertising for sports events such as Formula One could be a thing of the past by 2003 if the European Parliament gets its way.

South American soccer authorities have said that there had never been any doubt that this year's Copa America would be held in Colombia, one of the world's most violent countries.

The BBC is set to launch a new digital sport channel within a month of this summer?s debut of the ITV Sport Channel according to sources close to the corporation, heating up the rivalry over sports rights between the two broadcasters.

French media giants Vivendi Universal withdrew its bid for the ISMM/ISL sports rights and marketing company, forcing the Swiss company into bankruptcy, because it would require too much investment, a spokesman said.

Shares in Betinternet.com, the internet sports betting company, soared 14 percent to 28p today after it said it had received approaches from predators which could lead to an offer.

Swiss marketing company ISMM, which went officially bankrupt on Thursday, lacked a deep enough understanding of its sporting contracts which ultimately led to its downfall, according to broadcast and media analysts.

The world of squash is set to be revolutionised by the launch of a strategic partnership between the Professional Squash Association, and the international marketing and sports rights company, Eye Group in tandem with its investment arm Fablon Investments Ltd.

The International Cricket Council (ICC) has asked the Indian government to provide tax exemptions to help hold next year's ICC knockout tournament in the country, the federal sports minister has said.

ESPN Regional Television, a subsidiary of ESPN Inc, has bought the Las Vegas Bowl from the Las Vegas Convention and Visitors Authority.

The European Broadcasters Union (EBU) has selected PanAmSat to provide full-time video contribution services to support live coverage of prominent sporting and special events from the Americas.

The mayor of London Ken Livingstone said he would do everything within his powers to help the British Olympic Association (BOA) win a bid for the capital city to host the 2012 Olympic Games.

Barclaycard has decided not sponsor the English Premier League televised highlights show, weeks after the credit card company agreed to pay #48m ($68m) to sponsor the League for three years.

CricInfo.com, the UK cricket website has signed a deal with Sports International to broadcast live ball-by-ball audio commentary on the internet for the Pakistan team?s tour of England which starts on Thursday at Lord?s cricket ground in London.