Media

Molson Inc. has a tentative deal to sell its fabled but struggling Montreal Canadiens hockey club to a U.S.-backed group, but will keep a minority interest.

The head of a leading sport marketing company in Romania has slammed the International Gymnastics Federation (GIF) for failing to allow payment at GIF sanctioned events.

Former Kent County Cricket Club captain Steve Marsh has joined the UK?s Professional Cricketers Association?s commercial arm, PCA Management Ltd.

News Corporation head Rupert Murdoch is looking to restrain the company?s spending and possibly sell off assets to concentrate on the mooted $40billion acquisition of DirecTV, the US satellite operator .

Alexander Brown, who led ESPN and ESPN STAR Sports? efforts in Asia, has been named president and chief operating officer of web animation firm Virtual Spectator.

World rugby union chiefs have said they had no contingency plans to stage the 2003 World Cup outside Australia and New Zealand, the two countries due to co-host the event.

English second division soccer club Brentford are considering selling their west London ground for development and ground-sharing as far as 40 kilometres away.

Belgian Football Association President Michel D'Hooghe said on Monday he was resigning as chairman and executive committee member in June.

UK-based sports marketing firm specialising in F1 motor racing, Inside Line Media, has reached an agreement with Formula One Administration Limited to produce a behind the scenes programme for the 2001 Formula 1 motor racing season.

President of the Greek Basketball Federation George Vassilakopoulos has warned that his country is heading for a national disaster because of the inadequacy of Athens 2004 Olympic Games organisers.

UK-based Play-Sport New Media has created a nation-wide e-community of cricket organisations from clubs and junior teams right through to national championship. .

Diageo PLC, the London-based marketer of alcoholic beverage brands such as Johnnie Walker, Guinness, Smirnoff and Tanqueray, have formulated a Super Bowl strategy to circumvent CBS's ban on hard-liquor ads.

The second annual Oslo Racing Festival will not be held this year after a dispute between festival organisers and the Swedish Touring Car Championship (STCC) over costs failed to be resolved.

The Commercial Bank of Greece has said it has reached a preliminary agreement with the Athens suburb hosting much of the 2004 Olympic Games to finance up to 1.5 billion euros in real estate development.

Following on from our news story yesterday, we take a closer look at plans to insert virtual advertising in this year?s Super Bowl.

Turner Broadcasting Systems is to sell its poorly performing World Championship Wrestling operation to the founders of the Classic Sports Network, now ESPN Classic.

The Worldwide Fund for Nature has said plans to build an Olympic rowing and canoeing centre for the 2004 Athens Games would threaten the environment and break European Union nature conservation laws.

Wembley National Stadium Ltd (WNSL) chairman Rodney Walker has started a new round of talks to discuss his plans for an athletics track in the new national stadium.