LONDON (Reuters) – English Premier League soccer clubs discussed plans on Thursday to ensure that a huge injection of cash from broadcasters around the world ushers in an era of greater financial stability.

Having secured a domestic television deal worth one billion pounds ($1.6 billion) per season from 2013 – a 70 percent increase – the Premier League has since negotiated a series of improved overseas agreements including one with NBC in the United States.

LONDON, Nov 15 (Reuters) – English Premier League soccer clubs discussed plans on Thursday to ensure that a huge injection of cash from broadcasters around the world ushers in an era of greater financial stability.

Having secured a domestic television deal worth one billion pounds ($1.6 billion) per season from 2013 – a 70 percent increase – the Premier League has since negotiated a series of improved overseas agreements including one with NBC in the United States.

LONDON (Reuters) – A strong start to the season and new sponsorship deals have reinforced English Premier League soccer club Manchester United’s confidence it will hit this year’s financial targets despite lower first-quarter earnings.

United, English champions a record 19 times, said they had cut debt to 360 million pounds ($572 million), down 17 percent from a year earlier, after a listing on the New York Stock Exchange in August that left the American Glazer family firmly in control of the club.

BRUSSELS/LONDON, Nov 13 (Reuters) – Belgian prosecutors have
questioned one of online gaming group bwin.party’s
co-chief executives, taking advantage of his presence in the
country to request an interview on Tuesday.

Bwin.party said Norbert Teufelberger was cooperating fully
and had not been arrested. The world’s largest listed online
gaming group is in a dispute with Belgium over licences, and
access to three of its websites has been blocked this year.

LONDON (Reuters) – Sponsorship deals and record revenues from the sale of almost 11 million tickets helped London organizers to hit their target of raising 2.4 billion pounds ($3.8 billion) to stage the Olympics and Paralympics.

The income covered the core costs of putting on the world’s largest sporting event, said Paul Deighton, the former Goldman Sachs banker who served as chief executive of the London Organising Committee (LOCOG) for the Games in July and August.

LONDON (Reuters) – Sponsorship deals and record revenues from the sale of almost 11 million tickets helped London organisers to hit their target of raising 2.4 billion pounds to stage the Olympics and Paralympics.

The income covered the core costs of putting on the world’s largest sporting event, said Paul Deighton, the former Goldman Sachs banker who served as chief executive of the London Organising Committee (LOCOG) for the Games in July and August.

LONDON (Reuters) – Premier League Chelsea have moved into profit for the first time since Russian oligarch Roman Abramovich bought the soccer club in 2003, reporting a small surplus after winning the Champions League in May.

Chelsea said the figures put them in a strong position to comply with UEFA Financial Fair Play rules for the coming seasons. The rules require clubs to curb their losses or risk exclusion from the Champions League, Europe’s top competition.

LONDON (Reuters) – Premier League Chelsea have moved into profit for the first time since Russian Roman Abramovich bought the soccer club in 2003, reporting a small surplus after winning the Champions League.

The London club said they had a profit of 1.4 million pounds ($2.2 million) in the financial year to end-June 2012, compared with a loss of 67.7 million pounds a year earlier.

LONDON, Nov 9 (Reuters) – Premier League Chelsea have moved into profit for the first time since Russian Roman Abramovich bought the soccer club in 2003, reporting a small surplus after winning the Champions League.

The London club said they had a profit of 1.4 million pounds ($2.2 million) in the financial year to end-June 2012, compared with a loss of 67.7 million pounds a year earlier.

LONDON (Reuters) – After a 2012 London Olympics when UK Athletics commanded a rare place at the centre of British sporting life, it must now fill a gap left by the exit of long-term sponsor Aviva.

Sophia Warner, new commercial director of UK Athletics, is aiming to recruit a core group of up to six sponsors to replace the insurer, the sport’s main backer for the past 13 years.