The upcoming inaugural Asian Martial Arts Games will also be the last one following a decision by the Olympic Council of Asia (OCA) to merge the event with the Asian Indoor Ga...More>
Taxpayers will help foot the bill for a $325,000 investigation into whether Auckland has the infrastructure to host the Commonwealth Games in 2018.
The New Zealand Olympic...More>
There is something "not normal" about the huge sums of money spent by clubs like Real Madrid in the transfer market, UEFA president Michel Platini was quoted as saying on Thur...More>
The global financial crisis will in no way prevent London from hosting exactly the Olympic spectacle it promised in more affluent times, London's Games chief Sebastian Coe tol...More>
Football is being used as a vehicle for money laundering, according to an agency responsible for tracking the proceeds of crime.
The Financial Action Task Force (FATF) repo...More>
Japanese baseball pulls in the fans, produces the players and rakes in revenue many American clubs would be proud of -- but in terms of profit they still languish in the littl...More>
Fifa president Sepp Blatter admits the huge amount of money being pumped into English clubs by rich foreign owners is a worrying trend.
Blatter says the amount of cash in t...More>
Tennis will be able to ride out the credit crunch because it has a diverse pool of investments and is not reliant on a single economy for its survival, outgoing WTA chief Larr...More>
Brazil’s President Luiz Inancio Lula this week warned against over-spending on stadiums for the 2014 World Cup.
He cautioned that facilities built for the event could strug...More>
The European Investment Bank confirmed a 95 million pound loan on Wednesday to help fund the purchase of athletes' flats in the London 2012 Olympics village, which will be con...More>
Sports Minister Gerry Sutcliffe has said he is "tired of excuses" and threatened British tennis with a cut in funding if results do not improve.
Andy Murray and Elena Balta...More>
Tennis fans turned out in record numbers for the first two days of Wimbledon, their love for the sport undeterred by the global financial uncertainty that has forced many peop...More>
Forensic accountants are investigating irregularities at the London Development Agency after discovering a £100 million hole in its 2012 Olympics accounts, The Times has ...More>
The governing body of world soccer says the recession will only affect next year's World Cup in South Africa indirectly, with most of the impact being felt in sponsor activiti...More>
Brazil’s Federal Chamber of Deputies approved the Olympic Act, which confirms and reinforces the sixty-four guarantees from the Federal Government related to Rio de Janeiro’s ...More>
China made an operating profit of over 1 billion yuan ($146 million) from the 2008 Summer Olympics, the National Audit Office said Friday.
Most Olympic host cities make mon...More>
Vancouver city council agreed Thursday to pump $22 million into the city-backed portion of the Olympic Village project in southeast False Creek.
The $21,895,200 will be use...More>