European Tour chief executive George O'Grady has not ruled out cutting the prize fund for the Race to Dubai and the season-ending Dubai World Championship.
O'Grady told rep...More>
The massive wages being paid to soccer players are unacceptable in the current tough economic climate and a salary cap should be brought in, Italian Premier and AC Milan owner...More>
Manchester City’s Abu Dhabi owners may find it easier to win in the stock market than on the soccer pitch.
On the day the English club secured the 12 million-pound ($19.8 ...More>
India’s preparations for the AFC Asian Cup 2011 tournament has received a big financial boost, according to reports, from the most unlikely source – rival sport cricket.
Cr...More>
Britain's top skier Chemmy Alcott believes her chance of winning an alpine ski medal at next year's Winter Olympics is being severely hampered.
Alcott is one of a number of...More>
The head of the British Olympic Association has attacked the "horrible constraints" imposed by the organisation's £30 million joint marketing agreement with the organiser...More>
Drunken cricket fans yelling abuse at Headingley Carnegie tomorrow could be shouting a message to the Government to take action that would cost sport hundreds of millions of p...More>
A majority of Bundesliga club managers believe revenues will drop in 2009 for the first time in five years as the credit crisis cuts into German soccer, according to a poll pu...More>
Football's European governing body says it is concerned about the financial state of English Premier League clubs.
Uefa general secretary David Taylor warned that some club...More>
India's cash-starved football body has held out a begging bowl to the affluent cricket board, seeking funds to support the national side's preparations for the 2011 Asian Cup ...More>
Sports - like other industries - is feeling the pinch of the global economic slowdown, as major companies have cut sponsorship and advertising budgets due to falling profits.
...More>
The New York Yankees don’t have to produce a catalog of subpoenaed documents tied to tax breaks and $950 million of low-cost financing for the Major League Baseball team’s new...More>
Shares of Callaway Golf rose Thursday, after the company's second-quarter profit met expectations and analysts saw signs that its performance could improve as it gains more ma...More>
The Des Moines area economy is expecting a big boost in the coming days as the Nationwide NASCAR race rolls into Newton and Junior Olympic Athletes head to downtown Des Moines...More>
England pledged to deliver the biggest and most profitable World Cup after winning the right to stage the tournament in 2015, but the fraught and frantic negotiations that it ...More>
Russia will complete construction work for the 2014 Winter Olympics on schedule despite the economic crisis and will strive to minimise costs, a senior government official sai...More>
The Executive Board of the International Hockey Federation (FIH) has approved new strategic directions with an aim to triple the total FIH revenue by 2016.
The Federation ...More>