Events

The Fleet Financial Group in Boston has announced that it will supply a $405m credit line to Major League Baseball.

Rupert Murdoch's Fox Group has expanded its sports empire by pushing ahead with an agreement to take a stake in a new arena in Loa Angeles and options in the Los Angeles Lakers basketball and Kings hockey teams.

Terrestrial Swedish television company SVT, are claiming damages of 500 000 Swedish Krona ($66,000) from ISPR.

Berlin's Olympic stadium, built by Adolf Hitler's Nazis to host the 1936 Olympic Games, is to be renovated as a multi-functional sports venue, according to the Berlin city government.

Princeton Video Image Inc (PVI) has signed an agreement with ESPN, the international sports broadcaster, to use their virtual advertising system during the 1998 X Games.

The search has started for a company willing to pay to have its name associated with the Docklands Stadium, Melbourne, Australia.

Australian Television group Seven Network Ltd has agreed to provide a dedicated 24 hour sports channel to Optus Communication's Optus Vision cable pay television network.

The Goodwill Games are only half way to their ticket sales goal with the launch of the multi-sport extravaganza just four days away, but the top Games organiser is not concerned.

The Whitbread Beer Company stands to lose thousands of pounds in sponsorship fees paid to World Cup Fest Ltd.

Brazil has said it would bid to stage the 2006 World Cup, and immediately received the backing of the South American Football Confederation (CSF).

Sam Chisholm the former head of satellite broadcaster BSkyB, has become a non-executive director of London soccer club Tottenham Hotspur.

Over a thousand French fans visit the Stade de France each day to savour the scene of last month's World Cup triumph, a stadium official has said.

The technology system for the Kuala Lumpur 98 Commonwealth Games will be fully tested for two days prior to the Games to ensure there are no hitches when the eventsstart.

World athletics chief Primo Nebiolo has assured British Sports Minister Tony Banks that London would have a good chance of staging the 2003 world championships if proposed renovations to Wembley Stadium are completed.

The Football League, which represents clubs outside the elite Premier league, plans to launch English soccer's first pay-per-view television trial after Christmas.

The eighth South Asian Federation (SAF) Games, the region's biggest sports event, will be held in Kathmandu next year, organisers have said.

The final of the European Championship in 2000 will be held in the Feyenoord stadium in Rotterdam.

The head of South Africa's 2006 World Cup bid has said they were confident of hosting the finals and shrugged off British claims to stage soccer's top event.