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HONG KONG (Reuters) - The Hong Kong Windsurfing Association's plan to store equipment in Rio de Janeiro ahead of the 2016 Olympics has been blown off course by exorbitant rental rates.
NEW YORK (Reuters) - The New York City Comptroller said on Thursday that the United States Tennis Association (USTA) had under-reported millions in gross revenue, days before the start of the U.S. Open, the organisation's marquee event and final Grand Slam of the year.
Former FA Cup winners Coventry City will ground share with Northampton Town for the next three years after the League One Club failed to resolve a rent dispute with the owners of their previous home, the Ricoh Arena. - Reuters
SAO PAULO (Reuters) - For Sao Paulo's most popular football team, the World Cup has provided a new home after 100 years playing in rented stadiums. Thousands of neighbours, however, say it has left them homeless.
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.