Prestige Ticketing, the official provider of corporate hospitality packages for the London 2012 Olympic Games, has sold more than 80% of its 88,000 packages with just over two months to go before the start of the event.

The London Legacy Development Corporation has announced an extension of the bidding process for the future tenancy of the 2012 Olympic Stadium in an effort to address a “number of issues”.

English businessman Charles Green has pledged that Rangers “will never have debts again” after his consortium on Sunday struck a deal to acquire the crisis-hit Scottish giant and unveiled a plan to haul the club out of administration.

Euroleague Basketball has announced that London’s O2 Arena will host the 2013 edition of its showpiece Final Four event.

Manchester United has agreed a three-year extension to its sponsorship deal with global imaging firm Epson.

The UK’s Jockey Club has reported double-digit growth in underlying turnover and operating profits for 2011.

Title-chasing Manchester City has announced the switch of its kit supplier deal from Umbro to Nike, with the agreement set to start in the 2013-14 season.

The English Premier League on Thursday fired the starting gun in the highly anticipated race for its lucrative domestic broadcast rights for the three seasons from 2013-14 to 2015-16.

Liverpool has reported a loss of £49.4 million for the 12 months through to July 2011 as the Barclays Premier League club counts the cost of writing off the new stadium project developed by its former owners.

The Rugby Football League (RFL) has announced that Manchester’s Old Trafford stadium will host the final of the 2013 Rugby League World Cup, while a working party has been formed to discuss plans to expand the World Club Challenge.