Events

Institutional investors gave the thumbs up to Leeds United’s plans to raise £50million ($70.4m) by securitising the income from its ticket sales to finance the construction of a new stadium.

Digital Sport, the Alternative Investment Market (AIM)-listed sports marketing company, has confirmed the sale of its online business One Sport Limited to Sportsio Limited for a nominal cash payment.

Foot-and-mouth disease will cost the UK hospitality and tourist industry at least £5billion ($7bn) in lost revenues by September, according to a new report on hospitality released today by Sport Business. How to Develop Effective Hospitality Programmes: A new report from SportBusiness Group

China is in line for a billion-dollar pay day if Beijing wins the right to stage the 2008 Summer Olympics.

US satellite network, DirecTV has agreed a deal to become a ‘flagship partner’ in the American Airlines Center opening later this month in Dallas – the new home of the NBA Dallas Mavericks and the NHL Dallas Stars.

Talks between golf’s PGA Tour and various cable and broadcast networks about a new television contract are expected to be completed this week.

The official website for this year’s Wimbledon tennis championships attracted record traffic during the two-week event, with 78 percent more unique users than last year.

US broadcaster Fox Sports Net has registered an 8 percent ratings rise for the first half of the Major League Baseball (MLB) season.

The outcome of a test case hearing could determine the long-running dispute over whether the UK television rights to the 2002 soccer World Cup are awarded to terrestrial broadcasters – BBC and ITV – or if the rights owner, German media group Kirch, is allowed to sell them to a satellite or cable platform.

Three days before Olympic officials vote on Beijing's bid, members of the U.S. Congress, flanked by world-class athletes, squared off on Tuesday over whether the 2008 Summer Olympics should be held in China.

As Beijing's bid to host the 2008 Olympic Games enters the home strait, Big Business is drooling at the prospect of the largest marketing event ever in the world's most densely populated country.

Sport presentation and production company, Great Big Events (GBE), has been appointed the ‘Official Sport Presentation Partner’ of the Australian Cricket Board (ACB) for the next three years.

Scotland’s bid to host the Ryder Cup in 2009 for the first time in 36 years will get an additional boost today when the country’s First Minister Henry McLeish announces a cash injection of £8million ($11.3m) for Scottish golf.

Host broadcaster the BBC was celebrating after a staggering 75 percent of the UK television audience watched Goran Ivanisevic’s dramatic five set victory over Pat Rafter in the Wimbledon men’s final on Monday.

The National Football League has reached an Internet rights deal with CBS, America Online Inc, and SportsLine.com Inc. to market and promote professional football.

BRAND Dick Pound, the Canadian lawyer who has negotiated the marketing and television deals which have made billions for the International Olympic Committee (IOC) in recent years, now wants the top job - the presidency.

Hurt by the biggest corruption scandal in its history and the perennial problem of drugs in sport, it would be no surprise if the Olympic movement turned to a clean-cut doctor to run its affairs.

BSkyB, the UK satellite television network, has applied for a digital service line (DSL) from the Independent Television Commission (ITC) to allow it to deliver digital television using telephone lines.