Stadia

Italian first division club Torino, one of the fallen giants of Serie A, said it had been bought by a local businessman for a reported fee of 35 billion lire ($17.11 million).

Granada Media interactive (GMi), the online advertising division of the Granada Group, has brokered a commercial partnership between Granada and leading digital content provider 365 Corporation.

Enic, the UK-based sports, media and leisure group with controlling interests in European club?s Slavia Prague and Vicenza as well as minority stakes in Glasgow Rangers, FC Basel and AEK Athens, has reported greatly increased half-year profits. The company made substantial gains on player trading, and the sale of part of its holdings in AEK and Autonomy, the new media company.

Olympic President Juan Samaranch has admitted that sport federations are ?lost? in relation to forming a coherent internet strategy ? and has invited some 200 sports and media technology officials to Lausanne in November for a world summit on the issue.

Jon Wigley, London ?based Vice President of Marketing for the ATP Tour is to become Managing director of Sports Interactive AG, a joint venture between ISL and Kabel New Media which will manage the online activities of the AP Tour and Tennis Masters Series.

London Premier League club Arsenal are to submit a planning application for a $240 million new stadium later this year.

ESPN.com and SchoolSports.com, the leading high school sports web site, have joined forces, making SchoolSports.com the exclusive provider of high school sports news and information on ESPN.com.

Irish First division soccer club, Athlone Town, has reached an agreement with Westmeath County Council for the acquisition of an eight-acre site to build a new 6,000 seater stadium within three years.

The company that is constructing the Phoenix Coyote?s new $535million stadium have reportedly bought the NHL franchise for $87million.

The Arizona Cardinals have lost a State House of Representatives vote by 33-25, rejecting a $331 million financing package for a new stadium. The vote came only hours after the Senate had approved the funding plan.

The U.S. Postal Service is to issue commemorative postage stamps featuring 20 ?Legends of Baseball?. All 20 players were honoured last season as part of Major League Baseball's "All-Century Team" programme.

The United States Tennis Association (USTA) has agreed a multi-year partnership with car manufacturers Lincoln.

NBBJ, the second largest architecture firm in the US, has promoted a number of staff members involved in sports facility design.

Orlando Predators Entertainment(OPE), owners of the Predators Arena Football franchise and 8% stake-holder in the Arena Football League, has reported a year end profit of $215,355 compared to a loss of $884,341 for the year ended 1998. The company reported total revenues of $5,105,969 compared to $3,719,329 in 1998.

Sportvision, the US-based sports media technology company, has agreed to acquire Coach's Edge, the developer of enhanced computer animation technology for the internet and sports broadcasting.

Media Content has signed a deal with Canal Plus to launch World Wrestling Federation Entertainment in France.