Events

European soccer governing body UEFA is to examine a possible US-style salary cap to keep under control the spiralling wages of Europe?s top soccer stars.

Nike profits rose 22% in its fiscal first quarter, exceeding expectations, although revenue was virtually unchanged.

ISL, the marketing company which has rights to soccer?s World Cup, the ATP Tour, and a range of other international events, may seek a stockmarket flotation, according to a report in the publication TV Sports Markets.

Broadband Interactive Group (BIG) has strengthened its TV offering, announcing an expanded deal with FOX Sports Net.

A recent research project by Sports Marketing Surveys on the Cricket World Cup has shown how successful sponsorship is amongst cricket fans in creating brand awareness.

The first live webcast of an international football match will take place tomorrow for the European Championship play-off between Scotland and England.

Forrester Research, a leading independent research firm that analyses technology change and its impact on business, consumers, and society, has predicted that that new Web technologies will allow professional sports leagues to create and deliver innovative broadband sports programming directly to fans.

Soccer legend Pele has confirmed his support for South Africa's bid to stage the 2006 World Cup, saying he thought Brazil could be ready to stage the finals four years later.

Olympic chief Juan Antonio Samaranch said he would be prepared to return to the United States for further questioning about corruption in the Olympic movement.

English cricket legend Ian Botham has launched a marketing and sports management agency, with the aim of building a stable of young sports stars.

The European Tour has announced it is moving beyond its traditional confines with Brazil hosting two events this year for the first time.

Sponsorship value will double to $50 billion by 2010, or around 8.5% of global advertising spend, according to a recent survey.

News Digital Media, the interactive arm of News Corp., has acquired Stats Inc., a privately held supplier of sports scores, statistics and other analysis, according to a report in Variety magazine.

Graeme McMahon, chairman of the Essendon Australian Football Club has announced that the club intends to base itself at Melbourne's Docklands Stadium.

Italian club's prospectus will aim at investors rather than fans, according to Patrick Harverson of British newspaper The Financial Times.

The organisers of 13th Asian Games in Bangkok are expecting an estimated incomeof 230,834,000 baht ($5.9m) from the ticket sales.