Alberto Contador’s conviction for doping and the resulting two-year suspension could end up costing him millions of Euros, between legal fees, penalties, the return of prize money and lost income.

In its decision announced on Monday, CAS said that it would rule separately on the UCI’s request to fine him “2,485,000 Euros ($3,275,446) in addition to the 70% of the variable part of his image contract.”

Contador is estimated to earn 5 million Euros ($6,592,299) a year under his Saxo Bank contract, and 70 percent of that would be 3,5 million Euros.

However, the court order also requires the “forfeiture of any medals, points and prizes” he won at the Tour de France 2010, Giro d’Italia 2011 and all other races after January 25, 2011.

It is not clear to whom  the fines would be paid, and what would be done with the money.  Nor it is known whether the prize money would be returned to race organisers and subsequently paid to the new winner, or whether the forfeiture would include bonuses paid by the team or sponsors.

He also faces the loss of his income until the ban expires in August.

The case itself has cost Contador a lot of money in legal fees alone.  He may have paid up to 2 million Euros ($2.63m) to his various lawyers already, Daniel Malbranque, former general secretary of the professional riders union, told Bloomberg.net.

“The money runs out very quickly in these cases,” he said. “He’s been paying lawyers non- stop for 18 months.”

In addition, Bloomberg reported that Contador lost at least one potential sponsor due to the doping case.  A deal with Hugo Boss AG to supply him with clothing for public appearances was cancelled when the positive doping control became public, Till Pohlmann, head of sports sponsorship for the luxury clothing company said.

The error-stricken London 2012 Olympic ticket re-sale website is set to reopen this week, according to organisers. 

It has already been down for a week since being unable to cope with the vast demand, since when under-pressure agents Ticketmaster have been trying to get it back up and running. 

However, a spokesman for the London 2012 Organising Committee (LOCOG) said on Friday the problems had been fixed and that the site should reopen this week. 

But the spokesman refused to specify an exact day when tickets will again go on sale or the nature of the technical solution. 

“LOCOG confirms that a solution has been found to enable the ticket resale platform to reopen next week.” 

The resale site was designed to allow fans to sell unwanted tickets, with others able to buy them on a first-come, first-served basis. 

But many would-be purchasers were left frustrated as their attempts to buy tickets failed, with the site — hours after they logged on — showed the same tickets were available yet unable to be bought. 

London 2012 said the confusion was down to thousands of people trying to buy tickets and the ensuing delay in removing those tickets from the system once they had in fact been purchased. 

The resale window had been due to be open until February 3, with a further one million ‘contingency’ tickets due to go on sale in May. 

Officials have yet to confirm if the resale window will be extended. 

Although ticket sales for the Games have been strong, the way in which tickets have been distributed has led to unwanted headlines for organisers. 

Earlier this month LOCOG suffered the embarrassment of admitting they had mistakenly oversold tickets for synchronised swimming sessions and were forced to offer people places at other events. 

Last year hundreds of thousands of British fans missed out on tickets for the Games in a lottery, amid massive demand.

The Indian division of the world’s leading online marketplace, eBay has partnered with the leading apparel brands adidas, Reebok, Puma & Lotto Sports to provide a one stop shop for the official Indian Premier League (IPL) merchandise from all 10 IPL teams. 

While eBay India has secured partnerships with brands like adidas, Reebok and Puma in the past, this is the first time that the website has tied up with Lotto Sports. Fan gear is also available from Genesis, Cool Maal, Reliance Trends, Reliance Leisure and Sports & Beyond. 

eBay is offering a wide range of merchandise that include T-shirts, jerseys, caps, footwear, collectibles & fan gear, mugs, wrist bands, key chains & miniature bats. 

eBay India has also partnered with many of its charity partners to auction one unique autographed memorabilia every week during the IPL season. This week, a bat autographed by Rahul Dravid is on auction at Re 1 with the proceeds benefiting Children’s Movement for Civic Awareness. (CMCA). The auction ends on April 21, 2011.

Major League Baseball (MLB) side the New York Mets have released a statement confirming that in November, the league made a US$25m short-term loan to the clubs owners “in order to shore up the team’s liquidity.”

Reports suggest that the loan is “expected to be repaid within months.”

The Mets said in a statement: “We said in October that we expected to have a short-term liquidity issue. To address this, we did receive a loan from Major League Baseball in November”

Sources have also predicted that the Mets owners are now willing to sell up to a 49 per cent stake in the franchise, almost double the 25 per cent share that the owners had previously indicated that they would be willing to relieve.

The America’s Cup has been forced to slash it’s entry fees by almost three-quarters due to a lack of entries for the next event in 2013.

The flagship sailing event has seen just 5 teams commit to an interest in competing including defending champions BMW Oracle and challengers of record Mascalzone Latino. Worries are mounting ahead of the event due to kick off next June with a series of preliminary regattas in smaller versions of the official America’s Cup 72ft wing-masted catamarans.

The entry fee and performances amount was set to total at £2.6m (US$4m) but has been drastically reduced to £710,000 ($1.1m) following discussions between existing and potential competitors and the event organisers, America’s Cup Racing Management.

A further five months have also been allowed to make those payments in recognition of the difficult economic climate which is said to be preventing campaigns from raising the necessary sponsorships funds, said to be at least £15m ($23m) a year.

“These changes are designed to allow the teams to put their initial investments into building their teams and boats,” said Iain Murray, regatta director for the 34th America’s Cup and head of ACRM.

Belek has been announced as the host of Turkey’s first IRONMAN 70.3 triathlon race. 

The coast of Antalya will be the backdrop for this world-famous triathlon race, capsule which will begin at the newly opened Gloria Sports Arena – the biggest multisport complex in the Mediterranean. Athletes will swim in the Mediterranean Sea before cycling past the historic amphitheatre of Aspendos and running for the remainder of the race, symptoms which will finish at Gloria Hotels and Resorts.

The event will add to the country’s ever-growing list of credentials for hosting major international sporting events. Since January, pills Belek has hosted the Turkish Ladies Open, the Turkish Airlines Challenge and the SportAccord Convention – the largest annual gathering of representatives from the sports industry.

Turkey’s first IRONMAN, which will see athletes cover a total distance of 70.3 miles, will take place on 25 October 2015.

Barclays Premier League Champions, anesthetist Manchester City, anesthetist have today revealed plans to team up with KFC to help grow Thailand’s biggest 7-a-side youth football tournament.

Now in its sixth consecutive year, KFC Seven Shoot 2014, aims to encourage children to play football and will see over 3,000 Thai youth teams, comprising 50,000 youngsters aged from 12-15, compete to be crowned nationwide champions.

As part of the two year deal, tournament marketing collateral including pictures of Manchester City stars such as Vincent Kompany and David Silva will appear in over 500 KFC restaurants and on billboards throughout Thailand.

Winners of the tournament will not only receive a KFC Seven Shoot 2014 Grand Trophy and a grant, but will also be flown to Manchester for a once-in-a-lifetime opportunity to take part in a series of skills workshops, led by City’s expert School of Football coaches.

Commenting on the partnership, Tom Glick, Chief Commercial and Operating Officer, said:

“As a Club that is passionate about inspiring children to play football, we’re delighted to support KFC Seven Shoot. The tournament provides youngsters from schools and communities throughout Thailand with an invaluable opportunity to demonstrate their footballing abilities and fulfill their true sporting potential. 

“We enjoy incredible support in Thailand, having recently launched our Thai website and Twitter account, so it’s a privilege to be able to welcome the winners to Manchester and help them develop their skills.”

Waewkanee Assoratgoon, KFC Country General Manager of Yum! Restaurants International (Thailand) Co., Ltd, added:

“KFC Seven Shoot is one of the integral parts of KFC Thailand’s sustainable community programmes. Corporate social responsibility is the core of the company’s business conduct. 

“The main objective of this programme is to encourage students to play sports as it is one of the best ways to spend their free time wisely, as well as keeping themselves healthy, both physically and mentally. Playing football will also help strengthen good relationships between families, friends and people living in both the same and different communities.”

Chainarong Lerlertvanich, General Manager for KFC of Central Restaurants Group, added:

“The KFC Seven Shoot project is originated from the idea that football can help promote exercise and suitable intake of food. It’s ideal for kids who are passionate about football wanting to show what they’ve got and at the same time developing their skills for a better and bigger goal in the future. Determined in bringing the Thai youth’s dream come true, KFC Thailand is committed to hosting KFC Seven Shoot as a means for the kids to achieve their dreams.”