Talks to sell the storied Chicago Cubs baseball team have reopened with a rival bidding group, and are continuing alongside negotiations with the original Ricketts family buye...More>
The top money man for the U.S. Golf Association says the sport has an economic recovery plan that even a government bailout can’t match -- Tiger Woods.
“He’s our own TARP ...More>
Real Madrid's record bid of 80 million pounds for Portugal winger Cristiano Ronaldo is "excessive," Spanish Prime Minister Jose Luis Rodriguez Zapatero said on Wednesday.
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Zimbabwe, its economy in ruins, is dreaming of millions of tourist dollars and even training visits by international soccer stars when the World Cup comes to South Africa next...More>
A drawn-out $900 million deal by the Ricketts family to buy storied baseball team the Chicago Cubs has hit a possible snag, CNBC reported on Wednesday, but a spokesperson for ...More>
The economic impact assessment of the 2009 Tim Hortons Brier was released by the Canadian Sport Tourism Alliance (CSTA). The event was held in Calgary , Alberta , from March ...More>
Formula One moved closer to the edge on Tuesday when the governing body said crisis talks with teams had broken down and next year's controversial rules, including a budget ca...More>
The Associated Press reports Prague will not enter the race for the 2020 Summer Olympic Games because of the global economic crisis.
Prague city council voted 11-0 Tuesday...More>
The economic slowdown has proven to be a major hurdle in the race to sign up needed suppliers for next year's Winter Olympics, organizers said on Tuesday.
The recession has...More>
Economics or the prospect of increased revenues should not be the deciding factor in the International Olympic Committee's decision on which city hosts the 2016 summer Olympic...More>
If Wimbledon had any fears about how the global credit crunch would affect its finances, those worries were wiped out the moment 2,500 Centre Court debentures were snapped up ...More>
An inquiry into a possible £20million fraud at Sport England is under way after the publicly funded organisation discovered a bank account that it did not know it had.
...More>
The International Olympic Committee (IOC) praised organisers of the 2014 Sochi Winter Olympics on Tuesday for a domestic marketing programme that is expected to raise more tha...More>
The British Olympic Association made a £1.5m loss last year and needed the Organising Committee for London 2012 to step in, the BBC has learned.
Revelations that Locog...More>
Ice hockey's European club championship has been cancelled next season because of financial problems. The International Ice Hockey Federation said Monday that the Champions Ho...More>
The Premier League today warned Setanta Sports, the troubled pay-tv group, that it will auction off the rights to broadcast 46 live football matches next season if it does not...More>
Caja de Ahorros y Monte de Piedad de Madrid, SA, known as Caja Madrid, and Grupo Santander SA jointly loaned Real Madrid Football Club 150 million euros ($208 million) to pay ...More>
