Events

UK sports investment firm Online Sports & Leisure plc has agreed to buy a 22 percent stake in Sports Network - the boxing promotion and management business of Frank Warren - for an initial £2.8million ($4m/EUR4.5m) payment.

Australian Rugby Union (ARU) managing director John O'Neill has flown back to Britain for another meeting with World Cup officials to further discuss the ongoing issue of joint hosting the event with New Zealand.

CART has completed the restructuring of its communications division.

Atlanta-based company, Immersion Entertainment, LLC, has developed a portable action replay system for fans of the Atlanta Braves baseball team.

UK sports marketing agency, Fast Track, has won the rights to sell national commercial partnerships for two major athletics meetings next year.

Mercedes-Benz and the ATP have renewed their marketing partnership.

The Scotland and Ireland Euro 2008 bid team have appointed Craigie Taylor International and their Scotland based associates RiversGani Communications to manage their International media relations campaign.

Many of the key challenges facing sports sponsors and broadcasters will be brought into sharp focus during a seminar session during this week’s SportelAmerica sports television market in Miami.

The International Association of Athletic Federations continues its evaluation of the bidding cities to host the 2005 World Championships, SPORTELAmerica opens for business in Miami, the new AFL season begins with a new broadcast package and the Major League Baseball season gets under way at the end of the week.

The resilience of English soccer clubs could be put to the ultimate test by ITV Digital's threat to reduce its fees for lower league broadcast rights.

UEFA's in-house marketing team has signed its first major sponsorship deal for the Euro 2004 soccer tournament.

Athletics' governing body the IAAF is set to discuss the first step in reviving London as a host of major sporting events today - despite the humiliation the city suffered in its inability to host the 2005 World Championship.

South Korean President Kim Dae-jung and Japanese Prime Minister Junichiro Koizumi have vowed to seize the historic opportunity of the World Cup to improved their often troubled ties.

New Zealand rugby officials say they had approached the International Rugby Board (IRB) with a plan to resolve the hosting of next year's Rugby World Cup.

South Korea plans to draft in soldiers as emergency translators to help visitors at the World Cup after failing to recruit enough people with language skills, the South Korean organising committee (KOWOC) says.

Football League representatives will meet the 72 member clubs tomorrow to discuss the revised offer made by ITV Digital for the lower league's broadcast rights.

Sportingbet plc, the AIM-listed online sports company that recently bucked the dot com trend by reporting a pre-tax profit, has expanded its operation to Scandinavia.

The UK is to host the Rugby League World Cup in 2005 - the third successive time it has staged the tournament.