Events

Formula One world champion Michael Schumacher has expressed fears over the proposed deal to sell another 25 per cent stake in SLEC, F1 boss Bernie Ecclestone?s family trust which holds the commercial rights to the sport.

CART is to open a Los Angeles office dedicated to extending its presence in the entertainment industry.

Quokka Sports has admitted its future as an `going concern? is to be reviewed by its auditors after another year of heavy losses and revenues failed to hit targets.

The Nigerian Football Association (NFA) has called on striking referees to return to their jobs.

Shares in French commercial TV station TF1 - which had been hit recently by fears of slower advertising revenues - gained over two percent as investors cheered in-line 2000 earnings and a deal to buy all of Canal Plus and Havas Image's stakes in the Eurosport sports channel.

More than 60% of XFL advertising spots in advance of the league?s debut on February 3, 2001.

Invesco Funds Group has submitted a formal proposal to buy the naming rights for the new Denver Broncos stadium - the first viable bid on the $400 million project.

FIFA president Sepp Blatter is confident of reaching agreement over a new transfer system acceptable to the European Union, despite reports of a rift with UEFA.

Icon Display, the UK-based event signage company has appointed Chalkie White to the role of account director, starting in January 2001.

Insurance group, The St. Paul Companies will sponsor the PGA Tour?s 2001 West Coast Swing events.

The Salt Lake City bribery scandal is likely to haunt the next president of the International Olympic Committee (IOC) in his first year in charge, according to prospective candidate Jacques Rogge.

The British Internet Publishers Alliance (BIPA) has named Rob Hersov, CEO and founder of Sportal, as the organisations? new Chairman.

England?s Rugby Football Union has announced the appointment of Chris Spice as its performance director.

Quokka Sports is slashing its staff by 20 per cent ? and cannot rule out future job cuts.

CSS Stellar, the British-owned sports and entertainment management group, has issued a prospectus for its forthcoming flotation on the Alternative Investment Market.

The President-elect of Europe's public broadcasters has appealed to the United Nations for national governments and international bodies to guarantee that all major sporting events are shown on free-to-air television.