Media

MVP.com board members John Elway, Michael Jordan and Wayne Gretzky, joined CEO John Costello in launching MVP.com, the online destination for high-quality sports, fitness, and outdoor gear and apparel.

Sponsors of horse racing events at the UK's top racecourses have warned the so-called "Super 12" not to sell their broadcasting rights to BSkyB, reports The Guardian newspaper.

The Fleet Financial Group in Boston has announced that it will supply a $405m credit line to Major League Baseball.

Hungary hopes to score a first on the Internet by broadcasting a soccer game live on the web later this month, a local sports newspaper reported.

The English Football Association has announced a five-year extension to its existing agreement with national team kit supplier Umbro.

The cancellation of Saturday's heavyweight-championship bout between Evander Holyfield and Henry Akinwande has left the cable industry with a sizable bill.

US racetrack operator Churchill Downs has appointed John H. Willie senior vice president, marketing, from the end of the month..

WEMBLEY, the leisure group, is handing back cash to investors by way of a share buy-back. Almost half its capital will be returned to shareholders following the planned #103m sale of its stadium to English National Stadium Trust.

A new study into the potential impact of the $A5 billion Docklands development in Melbourne, which includes a major new stadium project, concludes that the city's Central Business District propertymarket could be squeezed.

Australian watchdog, the Australian Broadcasting Authority, has announced it will review the use by commercial television company, Seven Network, of new "virtual billboard" advertising during sporting event broadcasts.

The future of traditional football pools betting in the UK is under threat.

Media tycoon Rupert Murdoch is aiming to cash in on a bid to lure England's top football clubs into a European football superleague, The Independent newspaper reported.

The $463 million Stadium Australia taking shape in western Sydney will not only be the biggest ever built for an Olympic Games, but from a business point of view, by far the best.

A reassuring progress report on Euro 2000 has been issued by tournament director Alain Cortais.

Doug Ash, chief executive of English First Division Rugby, resigned on Wednesday after less than a year in the job.

Advertisers, invited for the first time to a sports trade show here, have warned sporting event organisers that they should not milk their events for money.