Events

Yahoo! Inc, the leading global Internet media company, has signed a sponsorship agreement with the New York Yacht Club/Young America Challenge for America's Cup 2000, Young America.

Plans for the new #475million ($770 million) national stadium at Wembley in London has come under more fire after a hostile reception by leading sports officials.

Following press speculation earlier this week that telecommunications firm BT were in the frame for Premier League rights, today's proposed merger of UK media giants, Carlton and United News and Media, adds another twist to the plot of potential bidders.

The British government is to look at a compromise proposal by UK Athletics chief executive David Moorcroft aimed at solving the bitter dispute over plans for a new Wembley stadium.

Mellon Financial Corporation and the Pittsburgh Penguins have signed a letter of intent under which the Civic Arena will be renamed Mellon Arena, effective immediately. Financial terms of the 10-year agreement were not disclosed.

UK cable company, Telewest, is poised to take a minority stake in Arsenal FC according to a report in the UK's Sunday Business newspaper.

United Sport, media partner to the BT Global Challenge 2000/1 has secured three major broadcast deals for the round-the-world race.

The UK all-sport radio station Talk Sport has paid a six-figure sum to beat its BBC rival, 5 Live, to the rights to broadcast Mike Tyson's fight in Manchester this weekend.

London Scottish Rugby Club's chief executive Richard Yerbury has confirmed the Exiles are seriously considering a move to relocate to Edinburgh.

Springbok captain Gary Teichmann and the majority of South Africa's leading rugby union players have announced they were forming a players' association.

London based Sports and Outdoor Media International has acquired The Boyer Group, Australia's principal sports stadia and outdoor advertising company.

Television shops in soccer-mad Vietnam are gearing up for an expected bonanza during the upcoming World Cup in France that starts June 10.

France 98 has not delivered the goods for UK commercial TV netork ITV despite the apparent deluge of television advertising related to football, reports the London Sunday Telegraph.

Brititsh newspaper The Daily Telegraph has signed up to be an official FA Premier League sponsor as part of its strategy to become more closely identified with sport.

If FIFA and its marketing partner ISL are right, FIFA's double-globe football symbol will soon become one of the best known commercial logos in the world.

Australia will host the richest-ever golf tournament in Sydney or Melbourne in January, 2001.

Efforts to promote the Commonwealth Games in Kuala Lumpur in September, which have so far been centred in the towns, have been extended to the rural areas.

Dutch police are expecting to be overstretched during the 2000 European soccer championship and their union is already calling for the three-week tournament to be shortened by a week.