Media

Ireland's state-owned Telecom Eireann is set to pay IR#11 million for the naming rights to a planned 45,000-seat soccer stadium in southwest Dublin.

Beverley Hills Ltd has announced the formal partnership between CNBC - the

Manchester United could make more money if they lose the European Cup final than if they win.

Sydney Olympic organisers have said they are reinstating the cycling road race course to the city's oceanside eastern suburbs, but would re-route it to avoid cutting off Rupert Murdoch's Fox studios.

Telefonica and Sogecable, the parent companies of Spain's two digital television platforms, have signed a deal over sharing soccer rights for the next 10 seasons.

The world governing body of chess is celebrating after it was officially recognised by the International Olympic Committee.

A sell-out crowd and record viewing figures have all but been ensured by the presence of the US team in next Saturday's Women's World Cup Final at the Pasadena Rose Bowl.

British media and leisure holding company Granada has bought a 9.9 percent slice of English Premier League giant Liverpool - in a deal worth #22million ($34.24m).

Pakistan cricket captain Wasim Akram has been suspended from international duty - along with two other players - as the probe continues into allegations of match-fixing and betting.

Petroleum giant, Shell, has signed a multi-million dollar sponsorship agreement with the Sydney Organising Committee for the Olympic Games (SOCOG).

Quokka Sports have signed a programming distribution and promotion agreement with Road Runner, a leading high-speed online service jointly owned by Time Warner Inc., MediaOne Group, Microsoft Corp., Compaq Corp. and Advance/ Newhouse.

The control of Everton Football Club will be determined by auction following the decision of majority shareholder and former chairman Peter Johnson to rebuff a #30m offer from board director Bill Kenwright.

Representatives from UK soccer, cricket and tennis have urged Prime Minister Tony Blair to create a new Ministry of Sport. They have called for sport to be separated out from the current Culture, Media and Sport ministry and given its own high profile department.

USA Networks, the USA Cable owned and operated cable company, has recorded, soaring ratings for the 2001 US Open Tennis Championships.

News Corp's latest financial results for the second quarter 2001 have shown that Asian joint venture ESPN Star Sports (ESS) is still $21million (?23.4m) in debt.

Brazilian football has become entrenched in political infighting as soccer chief Ricardo Teixiera, stung by damaging allegations and incidents this month, tries desperately to cling to power.