Events

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.

The Queensland Government has outlaid $A20 million to successfully bid for the 2001 Goodwill Games which will see $A167 million returned in direct economic benefits to the states.

European soccer champions Real Madrid have bolstered their commercial operation with the appointment of UK based merchandising consultants Zone signed Deloitte & Touche.

German pay-tv broadcaster Premiere has acquired three-year broadcast rights for the English Premier League. Premiere will screen three live matches a week.Reuters

SportsLine USA, publishers of CBS.SportsLine.com, is reporting radicaly increasedWeb traffic for the second quarter of 1998 on all its sites on The Internet.

Qantas has signed a one-year sponsorship deal with the Australian Grand Prix Corporation to back this year's Australian 500cc Motorcycle Grand Prix.

Canal+ has purchased the television rights to Premier League football in Scandinavia.

The Football Association has announced a new #25million four-year sponsorship deal for the FA Cup with insurance giants AXA.

Newcastle United has said it has invited Freddy Shepherd and Douglas Hall, who resigned in March over disparaging remarks they made about team supporters and local women, to rejoin the football club board.

The Whitbread Beer Company stands to lose thousands of pounds in sponsorship fees paid to World Cup Fest Ltd.

The Sydney Cricket Ground has been declared smoke free.

The issue of spectator safety at motorsport events is back in the spotlight after a tyre flew into the grandstands during the US 500 CART race on Sunday, killing three spectators and leaving six others injured, officials said.

South Korean officials insisted that they have no intention of backing out of staging the 2002 World Cup.

International sports chiefs are to attend a world conference on drug abuse after recent controversies have shown that doping is still a huge problem nearly a decade after the Ben Johnson scandal.

The International Basketball Federation (FIBA) have announced a six-year agreement with ISL for the worldwide television rights to their events.

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.

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.

English Channel 5 has become the NFL's terrestrial partner under a new deal signed to broadcast weekly games live.