2012 OLYMPICS
Slump in property prices could damage the chances of recouping money from the Athletes' Village after the Games.

BASEBALL
Sale of the Chicago Cubs franchise may be delayed, unless owner Tribune Co is willing to accept a lower price.

BASKETBALL
The NBA has cut down the number of pre-season games in Europe this year - four games in four cities, down from seven in six cities last year.

League would lay off about 80 employees, or 9 per cent of its workforce, media reports said.

GOLF
The PGA said that the sport's special bond with the corporate world and wide fan base put it in a strong position to ride out the crisis.

MOTOR RACING
The International Automobile Federation has proposed radical cost-cutting measures for Formula One, including possible use of standard engines from 2010.

The Williams team, who made a 21.4 million pounds (S$54 million) loss last year, are sponsored by both bailed-out British bank RBS and companies owned by troubled Icelandic retailer Baugur.

The French Motorsport Federation has cancelled next year's French F1 Grand Prix for financial reasons.

SOCCER
Chairman of the English Football Association David Triesman, has said that English soccer was collectively 3 billion pounds (S$8 billion) in debt.

Question marks were raised over the future of Manchester United's record 56.5 million pounds (S$142 million) sponsorship agreement with AIG, after the insurance company's bailout by the United States government.

West Ham are without a shirt sponsor following the collapse of tour operator XL Leisure Group, while promoted West Bromwich have also failed to find a replacement for Deutsche Telekom's T-Mobile.

Newcastle was close to losing its shirt deal with Northern Rock bank, which had to be rescued by the British government.

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