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Sergio Cragnotti has resigned as president of cash-strapped Italian First Division club Lazio after 11 years in charge.
The annual grant provided to teams in the M-League is likely to be reviewed after the expiry of Dunhill's contract with the FA of Malaysia (FAM) next year.
All over the world, football is feeling the pinch. TV revenues are down, salaries are skyrocketing and the fans are turning away. The cash crisis has hit football.
Chelsea#8217;s Icelandic striker Eidur Gudjohnsen says he lost £400,000 (US$643,500) in five months at the casino after he became sucked into a gambling habit.
England striker Michael Owen insisted on Sunday while he enjoyed horse racing he was not a reckless gambler.
They came, they scored, they certainly didn#8217;t conquer, but tiny Farnborough Town left the home of the English champions with pride intact despite losing 5-1 to Arsenal on Saturday in the FA Cup fourth round.
The fate of Bayer Leverkusen coach Klaus Toppmoller hangs in the balance this weekend as last year's Bundesliga runners-up struggle against the drop.
Liverpool chief executive Rick Parry on Wednesday gave under-fire manager Gerard Houllier a vote of confidence and pledged that there will be no sale of the club's players, even if they do not clinch a Champions League spot next season.
Leed United had a dream - to compete with the best in Europe and against the likes of Real Madrid and Manchester United. They borrowed heavily and went on a spending spree. Fro a while it worked. But it's a fickle world. Now, Leeds are forced to sell their players cheaply just to stay in the game. Gambling on success can be costly.
Sacked Leeds boss David O'Leary believes his successor Terry Venables is in a no-lose situation at the troubled Premiership club.