Media

British Sky Broadcasting (BSkyB) has completed the #40 million acquisition of a 9.92% stake in Premier League soccer club Chelsea.

Bernie Ecclestone?s Formula One Management group has extended its control of grand prix racing's commercial rights by purchasing them for a further 100 years beyond the current expiry date of 2011, according to UK press reports.

FIBA, forced to revamp its new flagship SuproLeague basketball tournament after a mass breakaway by clubs, has made the draw for next season.

The Australian Cricket Board (ACB), accused in the past of not taking a leading role in stamping out corruption in the game, will host an anti-corruption conference in Melbourne this week.

UEFA?s head of club competitions has quit the organisation to team up with the G14 pressure group, comprising of Europe?s leading soccer clubs.

The British government has cleared the way for a trio of proposed mergers between the three companies in charge of the ITV network, which could create a new force in the battle for UK sports rights.

Brazilian domestic soccer could be wiped out for the rest of the year because of a complex legal battle involving Brasilia club Gama.

The PGA Tour and Palm Inc. have announced a 5-year, $15 million sponsorship agreement.

Euro 2000 proved a major hit with TV audiences across the continent, according to the latest figures released by Mediametrie.

UEFA has ordered the Moldova soccer federation (MSF) to close down the main stadium in the capital of the tiny, impoverished ex-Soviet republic for safety reasons.

A new web site has been launched to promote the newly launched America Basketball Association 2000 league.

ESPN Star Sports (ESS), Asia?s largest sports broadcaster, is celebrating a ratings hit double-header.

Baseball owners will meet in New York tomorrow to receive the much-anticipated report from their latest economic study committee.

NBC has reported the lowest TV ratings ever for this week?s baseball All-Star game.

YankeeNets officials, keen to conclude funding negotiations with the state over the proposed Newark arena, have suggested that the Continental Airlines Arena in East Rutherford be demolished to free up state funds for the new facility.

UK racecourses not among the `Super 12? tracks have blasted claims they were responsible for the breakdown of a Channel 4-led consortium aiming to snap up terrestrial television rights.

Olympic Games chiefs have declared war on cybersquatters by filing a lawsuit in the U.S. Federal Court against 1,800 internet sites abusing the Olympic name.

The Houston Rockets and the Harris County-Houston Sports Authority have finally reached an agreement on a $175m downtown arena, according to local media reports.