Events

ITV Digital has made a 'final offer' of £74 million (U$106.29m) to the Football League which if it is not accepted will lead to the broadcaster being sold and most probably liquidated within days.

The New Zealand Rugby Football Union (NZRFU) has made an unreserved apology to International Rugby Board chairman Vernon Pugh for derogatory comments made during the recent Rugby World Cup hosting row.

The South Korean President Kim Dae-jung has expressed his concern that yesterday's tragic plane crash in the country could significantly affect the preparations for the soccer World Cup.

US motor racing franchise NASCAR has unveiled a significant new partnership to develop pay-per-view content.

Global marketing agency Octagon has entered into a strategic partnership with US motor racing franchise CART.

Finland's capital Helsinki has been chosen to replace London as the host city for the 2005 World Athletics Championships, the IAAF announced yesterday.

The IOC hold a debrief meeting on the Salt Lake City Games in Torino, the International Conference on Sports Events & Economic Impact takes place in Copenhagen, Football League chairman contiunue the debate on restructuring and the CONCACAF Congress opens in Miami.

Bankrupt discount retailer Kmart is pulling out of it signage sponsorship deal, the Detroit Tigers' Comerica Park.

World Cup organisers should adopt a 'Disaster Recovery Plan' in the event that broadcast coverage breaks down during the finals, a leading risk management firm has told sportbusiness.com.

Pan-regional pay-TV platform DirecTV Latin America has secured its fifth World Cup rights distribution deal in Mexico.

The financial problems facing Italian football clubs are mounting after it was revealed that a number of Serie A clubs have been unable to pay players' salaries for some months.

English Premier League soccer club Leicester City has changed the name of its new stadium following fan pressure.

US-based communications company Verizon, whose sports sponsorship properties include the USA Luge Association, the United States Bobsled and Skeleton Foundation, and USA Track & Field, has picked IMG Consulting to handle its sponsorship requirements

Sports marketing powerhouse Sportfive has clinched the deal to market the exclusive broadcasting rights to all the matches staged by Spanish soccer giants Real Madrid as part of its centenary celebrations.

Up to 15 PGA Tour events face financial ruin because sponsors are reluctant to pay towards the growing costs of backing tournaments, according to a survey.

United Airlines has agreed to sponsor the official website of the 2002 World Cup in Japan and Korea, FIFAworldcup.com.