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(Reuters) - Edinburgh-based philanthropist James Anderson has agreed to donate 3.125 million pounds ($3.98 million) to Scottish football clubs and their communities in order to help ease the financial strain of the COVID-19 crisis.
PARIS (Reuters) - French TV group TF1 will exclusively broadcast the 2019 Rugby World Cup in France, it said on Wednesday, lifting the shares of the country's major TV broadcaster.
MILAN (Reuters) - The indebted Chinese owner of Italian soccer club AC Milan has valued the club at around 700 million euros 619.27 million pounds) and has decided against a quick sale for a much lower valuation to U.S. television tycoon Rocco Commisso, a source said.
MILAN (Reuters) - An offer from U.S. television billionaire Rocco Commisso for a majority stake in Italy's AC Milan would give the soccer club a total value of around 500 million euros (£442.4 million), including debt, sources close to the deal said on Thursday.
MILAN (Reuters) - European soccer has banned Italy's AC Milan from next season's Europa League competition because of its uncertain finances, even as sources said a second U.S. sporting tycoon had expressed interest in taking over the club.
MILAN (Reuters) - The Ricketts family, owner of the Major League baseball team Chicago Cubs, expressed interest on Friday in acquiring a controlling stake in Italian top-rank football club AC Milan.
SYDNEY (Reuters) - Cricket Australia have signed a four-year agreement with energy provider Alinta Energy, potentially laying to rest concerns over a financial fallout from the ball-tampering scandal in March.
SYDNEY (Reuters) - The Australian cricket team lost a major sponsor and a host of large companies tore up branding deals with individual players on Thursday as the fallout of a ball-tampering scandal tore into the financial core of the country's favourite pastime.
LONDON (Reuters) - With four-times winner Grant Simmer leading his Land Rover BAR team, Ben Ainslie will have more time to focus on sailing in his latest quest to bring the America's Cup back to Britain.
NEW YORK(Reuters) - Giving back to their communities has always been a challenge for pro athletes who get rich quick, because they tend to lose the money even more quickly. But even those who manage to build a substantial amount of wealth have a hard time using it charitably in a way that truly has a long-term impact.