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MILLENNIUM CUP BRANDED "FARCE" AFTER WITHDRAWALS
An international tournament in India which promised to boast major players has been branded "a farce" after two teams withdrew, one was ruled ineligible and another failed to play because the team's baggage was delayed.
GOALNETWORK.COM LAUNCHES FOX SPORTS SPONSORSHIP
goalnetwork.com, the global online soccer network launched in November, has signed a deal to be the exclusive sponsor on 185 soccer matches broadcast on FOX Sports World and 175 soccer matches on FOX Sports World Espanol.
365 CORPS SLASHES OPERATING COSTS
Multi-media company 365 Corporation has reported pre-tax first quarter losses of #7million ($10.2/?11.2m), but has slashed operating costs from #5.8m ($8.4/?9.3m) to #3.8m ($5.5m/?6m) in its bid for profitability.
DIRECTV WINS LATIN AMERICAN RIGHTS TO WORLD CUP
Digital satellite television service provider DirecTV Inc. said on Tuesday it bought the Latin American broadcast rights to the World Cup soccer competition in 2002 and 2006 in a deal valued at $400 million.
365 Corp reports loss on increased turnover
London stock exchange-listed 365 Corp has reported a loss of £16.9 million ($23.9m) for the year ended 31 March 2001, under-performing by nearly £5m ($7.1m) on consensus forecasts.
Copa to go ahead in Colombia despite bombings
Colombia will host next month's Copa America as planned despite a recent spate of bombings there, according to South American Football Confederation (CSF) officials.
New blow for brazilian soccer chiefs
Brazilian soccer's latest scandal has taken a new twist after a private meeting of the country's leading directors was secretly recorded and then broadcast by a radio station.