Events

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.

Malaysia's Sports Ministry will market the main stadium, indoor stadium and other facilities built for the Commonwealth Games to those wishing to use them after September, the New Stratits Times reported.

Sports management groups in Australia say that sponsorship dollars are harder to come by because they are being siphoned off to Olympic contracts, the Australian Financial review reports.

Vandals have damaged equipment at a new indoor gymnastics stadium being built for September's Commonwealth Games, delaying the transfer of the complex to Malaysian authorities by at least a month.

International Speedway Corporation, a leading promoter of motorsports activities, is registering a public offering of 4,000,000 new shares of Class A Common Stock being offered by the Company.

PR company Bell Pottinger Communications has a new role in sport.

The UK government has removed England's home cricket international matches from the list of events that terrestrial television stations can cover freely.

Use of FIFA's logo is to be devleoped accoridng to the Federation's marketing partner ISL.

Three corporate hospitality companies which promised tickets for soccer's World Cup have gone bankrupt with debts of over five million pounds, one of the joint liquidators has said.

Soccer World Cup visitors took hotel activity in France to new records in June, and average prices rose 27.2 percent, industry consultant MGK Conseil has said.

World rugby's governing body has failed to promote the sport outside its traditional strongholds and is in dire need of a serious shape-up, former Australian hero David Campese has said.