Events

Malaysia has confirmed it will be bidding to host the 2008 Olympic Games.

Asia's financial crisis has cost the Asian Games $12 million in lost marketing revenue, the region's Olympic chief has said.

A German bank has offered to purchase all of motor racing tycoon Bernie Ecclestone's planned bond issue provided conditions including a reduction in the deal's size are met, bankers in London has said.

The extent of football?s booming popularity among Britains armchair fans is confirmed by the release of television ratings that show 29 of the top 30 sporting events in 1998 were football matches.

The 2000 Olympic Games will boost Australia's economy by A$6.5 billion (US$4.2 billion) over the 12 years to mid-2006, according to a new study.

1.DIRTY TRICKS SURFACE IN IOC SCANDAL

2.KENYA'S MUKORA QUITS IOC

3.SAMARANCH DEFIANT, TOO

4.2006 WINTER OLYMPIC BIDDERS FACE CONFUSION, NEW RULES

5.2012 BIDS

6.HOT FILE

The head of Salt Lake City's Olympic bid committee defended his role in the widening cash-for-votes scandal, saying that local organisers never questioned his actions.

South Korea's Samsung Electronics Co Ltd said the International Olympic Committee (IOC) corruption crisis has thrown doubt over its sponsorship of the Olympics.

A former leader of Atlanta's bid for the 1996 Olympics said his group violated the gift rules of the International Olympic Committee in its pursuit of the Summer Games.

New Zealand minister Murray McCully recently resigned his tourism portfolio amid a row over policy but will retain responsibility for sports, fitness and leisure.

Princeton Video Image Inc (PVI), a global leader in virtual advertising, has appointed a new chief technology officer.

World soccer's governing body FIFA is open to the possibility of North Korea staging matches in the 2002 World Cup finals, which will be jointly hosted by Japan and South Korea, FIFA president Sepp Blatter has said.

The Confederation of African Football (CAF) said it will not make a choice this weekend between the two African countries bidding to host the 2006 World Cup.

Soccer legend Pele has confirmed his support for South Africa's bid to stage the 2006 World Cup, saying he thought Brazil could be ready to stage the finals four years later.

Australia's Seven Network is set to reap a lucrative reward for its investment in the Docklands Stadium in Victoria.

Pay per view television events in Australia are set to rocket to the same levels as in the States, according to Foxtel chief executive Tom Mockridge.

AutoNation, the automotive retailer with $18 billion in annual revenues, has become an official first-time sponsor of the National Football League and Super Bowl XXXIV in Atlanta on January 30, 2000.

Sports marketing company ANC Sports has appointed Mark Lev its new executive vice-president of marketing and sales.