<PAGE> 1
                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549
                                  FORM 10-KSB

(Mark One)
  [x] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

     For the fiscal year ended       June 30, 2003
                                     -------------
  [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

     For the transition period from ________ to __________

                   Commission File Number         333-68532
                                                  ---------
                            SAVON TEAM SPORTS, INC.
                         ----------------------------
              (Exact name of registrant as specified in charter)

           Utah                                  87-06738911
------------------------------             -------------------------
State or other jurisdiction of             (I.R.S. Employer I.D. No.)
incorporation or organization

   5039 South 1075 East, Ogden, Utah                        84403
-------------------------------------------              ----------
(Address of principal executive offices)                 (Zip Code)

Issuer's telephone number, including area code (801) 605-2808
                                               ---------------

Securities registered pursuant to section 12(b) of the Act:

Title of each class       Name of each exchange on which registered
        None                                  N/A
------------------        -----------------------------------------

Securities registered pursuant to section 12(g) of the Act:

Common Stock, par value $0.001
--------------------------------
(Title of class)

  Check whether the Issuer (1) filed all reports required to be filed by
section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. (1) Yes [X]
No [ ]  (2)  Yes [X]  No  [ ]

  Check if disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-KSB or any amendment to this Form 10-KSB.  [X]

  State issuer's revenues for its most recent fiscal year:  $ 198

<PAGE> 2

  State the aggregate market value of the voting stock held by nonaffiliates
computed by reference to the price at which the stock was sold, or the average
bid and asked prices of such stock, as of a specified date within the past 60
days:

  As of September 30, 2003, the Company had 800,000 shares of voting stock
issued and outstanding held by non-affiliates, out of a total of 7,057,000
shares issued and outstanding.  No bid or ask price is listed for the stock.


                     DOCUMENTS INCORPORATED BY REFERENCE

     List hereunder the following documents if incorporated by reference and
the part of the form 10-KSB (e.g., part I, part II, etc.) into which the
document is incorporated:  (1) Any annual report to security holders; (2) Any
proxy or other information statement; and (3) Any prospectus filed pursuant to
rule 424(b) or (c) under the Securities Act of 1933:  NONE


<PAGE>
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                                    PART I.
                       ITEM 1. DESCRIPTION OF BUSINESS

Organization and Corporate History
----------------------------------
Savon was organized on June 28, 2001, under the laws of the State of Utah, by
Michael L. Rubin, who currently is Savon's president, a director and principal
shareholder.  In connection with forming Savon, Mr. Rubin contributed cash to
pay for the initial organization and a portion of the expenses of this
registration.  Since inception, Savon's business activities have been limited
to organizational matters including opening a bank account and obtaining the
services of accounting and legal professionals, and developing a web site to
showcase products and begin product sales.

Business in General
-------------------
Savon Team Sports, Inc (Savon) has created an Internet web site to target
specific niche opportunities within the sporting goods industry at
savonteamsports.com.  The web site showcases available products, and provides
email and telephone contact information for Savon to potential purchasers.
The web site has recently been expanded and developed into an e-commerce site
permits customers to purchase products through the web.  Limited sales
commenced in the fourth quarter ended June 30, 2003. Savon believes that the
convenience such an expanded web site provides purchasers is important, and
hopes to increase sales through the web site in the current fiscal year.
However, Savon believes the single most important ingredient to our success
will be the development of personal relationships with purchasers via the
telephone, e-mail and/or in person.  This key ingredient is crucial to our
long term success.

Plan of Operation
-----------------
Savon's management believes a substantial opportunity exists by providing
competitively priced, high-quality uniforms and sporting goods equipment,
accompanied by excellent personalized service to an international market
consisting of United States overseas military installations.  Such
installations encourage and foster team sports among troops, and uniforms and
equipment are basic needs often ill met by local providers.

Thus far, Savon has already identified all military installations located in
foreign countries as well as those located in U.S. Territories.  Each military
installation has a recreation director who will be contacted by Savon through
direct mail or by telephone and who will then be directed to our web site
where our products will be displayed and described.

In addition to the sports teams drawn from the troops, such military
installations frequently also need uniforms and supplies for their youth
programs.  Savon intends to identify and contact the individuals on each base
that are in charge of individual leagues and teams for youth programs.

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Additional markets that Savon will concurrently pursue include American and/or
English speaking schools in foreign countries.  Savon believes such schools
experience the same problems regarding consistency and quality of sports team
products as well as lack of personal service as the military installations.
Therefore, the schools should comprise another prime market for Savon to
initially target. Savon is in the process of compiling a list of target
schools and contact names.

Products and Services
---------------------
Available products include everything needed to totally outfit and equip teams
in most sports (baseball, softball, basketball, football, wrestling,
volleyball, and soccer).  The following product list covers uniforms and
equipment included on the web site:

  Baseball and Softball - Complete uniform including hats and visors with
embroidery, jerseys with screen printing or twill applique, undershirt such as
turtlenecks, pants or shorts, belts, socks, warm up jackets, and metal or
rubber cleats.

     Equipment including wood or aluminum bats, mitts, batting gloves, bat
bags, equipment bags, and batting helmets.  Also, catchers' equipment
including helmet, face mask, chest protector and shin guards.

  Basketball - Complete uniform including jersey with screenprinting, shorts,
socks, and shoes.  Also warm up clothing consisting of shooter's shirt and
warm up
pants.

    Equipment including all major brands of basketballs and equipment bags.

  Football - Complete uniform and protective equipment including helmet and
facemask, mouthpiece, shoulder pads, jerseys with screen printing, pants with
knee, butt and thigh pads, belts, gloves, cleats,  socks, and  protective pads
such as forearm pads.

     Other equipment including footballs, kicking tees, and equipment bags.

  Wrestling - Complete uniforms including wrestling singlets with screen
printing, nylon or fleece warm up suits, wrestling shoes and socks.

     Equipment including kneepads and wrestling headgear.

  Volleyball - Complete uniforms including jerseys with screen printing,
shorts, socks, warm up suits, and  volleyball shoes.

     Equipment including top brands of volleyballs, and equipment bags.

  Soccer - Complete uniforms including jerseys with screen printing,  shorts,
socks, shinguards, sweatsuits,  and soccer cleats.  Also goalie gear including
jerseys, pants or shorts, and goalie gloves.

     Equipment including soccer balls, and equipment bags.


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In addition to the sale of the above products, Savon plans to earn some
revenue through subcontracted screen-printing and embroidery on uniforms for
logos, numbers and even names, if desired.  Savon expects to hire a third
party to do the screen-printing and embroidery and pass the cost plus a small
percentage mark-up on to the purchasers of the products.  Although the profit
margin for this extra service will be small, Savon believes that offering
items customized in this fashion will increase demand for its products.  As
demand for customized products warrants, Savon anticipates acquiring its own
screen-printing and embroidery equipment.

Marketing and Distribution
--------------------------
Savon's initial marketing efforts will be directed towards the individual
recreation directors for United States military installations in foreign
countries and overseas U.S. territories.  Savon has identified 61 U.S.
military installations, including army, navy, air force and marines, in 19
countries as potential targets and is in the process of assembling a contact
list of recreation directors for each installation.

Based on Savon's research, overseas military groups interested in purchasing
team sports equipment currently have three options for purchases - local
sporting goods outlets, catalogue sales, or internet suppliers.  Each of these
options appears to have drawbacks which Savon believes it can address.  For
local outlets, for instance, Savon's research indicates that the quality of
the products and service provided are inadequate or unsatisfactory.
Catalogues make more high quality products available, but rarely offer the
kinds of screen printing and embroidery service that Savon is prepared to
provide.  Other internet sources may also provide a wide range of products,
but web sites may be hard to find and few offer the kind of personalized
printing services that Savon proposes to provide.

Savon believes that it will be able to provide overseas military customers
with better products and services than local suppliers, will be able to match
or beat catalogue or internet prices from other suppliers, and provide a full
spectrum of products and printing and embroidery services not otherwise
available from a single source.  In addition, by personally contacting
potential purchasers by telephone, mailers and email, Savon can direct such
potential purchasers to our website, saving them the time and frustration of
searching through a large number of web sites for information.

Following the initial marketing program, Savon believes that it can expect to
develop a market among overseas elementary and secondary schools that receive
assistance and support from the Office of Overseas Schools of the U.S. State
Department, referred to as American-sponsored schools.  This potential market
is based on information compiled from the Overseas School Advisory Council
Fact Sheet available on the U.S. State Department web site which includes
contact information for the schools.

According to the Fact Sheet, there are 181 schools in 129 countries with a
total enrollment of almost 95,000 students.  The schools vary widely
in size, resources and programs, so Savon will have to do considerable
additional research to narrow the list to identify the best prospects for
contact, but we believe the potential market opportunity is considerable.

Savon intends to distribute any products purchased by its customers via United
States Global Priority Mail and/or other available international priority
delivery services.  Customers will be able to specify a delivery method at the
time orders are placed.

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Competition
-----------
Savon does not believe that local sporting goods outlets near overseas
military installations offer significant competition because such local
outlets cannot offer the range and quality of products available through
catalogue or web site sales.  However, Savon will be competing in general with
many larger, better financed and better established sporting goods retailers
who offer products through catalogues or web sites.

Specific competitors in the area of catalogue sales include East Bay, Baseball
Express, Score, and Markwort.  East Bay and Markwort carry a wide variety of
sports equipment and uniforms, but do not offer screenprinting or embroidery
for team uniforms.  Baseball Express and Score specialize only in baseball and
soccer equipment, respectively, rather than the full line of team sports
equipment Savon will feature.

Specific competitors in the internet arena which offer all kinds of sporting
goods include SportsDepot.com, TheSportsAuthority.com, and OnlineSports.com,
as well as hundreds of others.  Savon will also be competing with all other
web sites that offer sports team products, the largest of which include
EastSideTeamSports.com, and PiercesTeamSports.com.  Besides these more
significant web sites, Savon will be competing with many other lesser-known
web sites for sports products.  Although Savon believes that its proposed
products and services can be offered at competitive prices, and its initial
target markets are sufficiently unique to give it a competitive advantage,
there can be no assurance that its marketing strategy and showcase web site
will be successful enough to generate sufficient sales for continuing
operations.

Manufacturing, Supplies, and Quality Control
--------------------------------------------
Savon's president, Michael Rubin, has been working since 1993 for SavOn
Sporting Goods, Inc., a sporting goods retailer and varsity athletic goods
supplier, located in Ogden, Utah (hereinafter referred to as SOSG).  SOSG is
owned by Mr. Rubin's brother.  However, SOSG has no long range growth plans
beyond its existing market and does not intend to expand its current business
overseas.  Therefore, SOSG has consented to initially allow the Company to
fill orders with SOSG inventory, which benefits SOSG by assisting it in
reaching various minimum purchase amounts that trigger additional discounts
from vendors, including maximum sales discounts and free freight.  SOSG will
benefit by receiving the additional discounts and, because of the quantities
of merchandise already purchased by SOGS and the existing established personal
relationships SOSG has with vendors, Savon will receive pricing that will
enable it to remain competitive with larger national chains, and competing
internet providers.

The two companies' sales and revenues will be totally separate.  Savon
will share in the discounts provided by manufacturers by purchasing inventory
from SOSG at net (after discount) pricing as orders are placed by Savon's
customers.  SOSG benefits by receiving the discounts when the products are
originally purchased.  There will be no limits set by SOSG as to product
availability to Savon.  Reorders of merchandise from vendors may be necessary
and can be done as needed.

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The entire arrangement is an informal one based on anticipated mutual
financial benefit.  If the arrangement does not prove beneficial or either
party wishes to end the relationship, Savon can open its own accounts with
vendors. Larger volume purchases receive more favorable pricing in most cases,
but not all. Profitable margins can still be had at lower volume if Savon
purchased its own products independent of SOSG, although the margins might not
be as great.

Besides being able to provide products from the SOSG inventory, Savon will
offer various products made by manufacturers that drop ship merchandise
directly to end purchasers, thus reducing Savon's need for substantial advance
capital for placing orders and/or maintaining a large inventory of warehoused
products.  Drop ship simply means that the manufacturer ships directly to the
consumer, eliminating one step in the process of shipping to Savon and then
from Savon to the customer.  Savon will be billed for all product shipped to
the customer just the same as if it were shipped to Savon first.  Pricing
remains the same as if it were shipped to Savon originally, but there are no
further freight costs incurred by shipping from Savon to the customer.  The
manufacturer receives no sharing of revenues from Savon's consequent sale.

Other than its proposed relationship with SOSG, Savon anticipates that it will
not rely on any other single supplier for more than 10% of its products, and
that, if necessary, it could replace any single supplier without any delay or
additional expense.

Domain Names, Trademarks and Copyrights
---------------------------------------
Savon has reserved the Internet domain name "savonteamsports.com." Such
initial reservation is for a two year period at an aggregate cost of $75, and
is easily renewed for extended periods thereafter.

Research and Development
------------------------
Other than the continuing expenditures for maintaining Savon's proposed web
site, Savon does not anticipate any research and development costs in the
immediate future.

Regulation and Environmental Compliance
---------------------------------------
Savon is not aware of any need for government approval of its proposed
products and services, nor of any environmental laws relating to its proposed
products and services.  To the best of Savon's knowledge, there is no need for
either U.S. or foreign government approval on sales made by Savon to overseas
United States military installations.  Their purchases are treated exactly the
same as if they were purchased within the continental United States.

Employees
---------
Savon has no paid employees at this time.  If its business plan is successful,
Savon expects it will be able to hire part or full time employees to assist in
its operations as needed.  Michael Rubin, Savon's president, intends to
continue to work for SOSG on at least a part time consulting basis in addition
to his activities for Savon until such time as Savon's operations require him
to devote all his time to Savon.

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Facilities
----------
Savon currently utilizes at no cost approximately 250 square feet of dedicated
office space located at the home of Savon's President, Michael L. Rubin, 5039
South 1075 East, Ogden, Utah 84403. In the opinion of Savon's management, such
office space is sufficient to meet Savon's needs for the next 12 months.

                      ITEM 2. DESCRIPTION OF PROPERTIES

See "Facilities" under Item 1. above.

                            ITEM 3. LEGAL PROCEEDINGS

None.

        ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

No matters were submitted to a vote of shareholders of the Company during the
fourth quarter of the fiscal year ended June 30, 2003.

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                                  PART II
     ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Lack of Liquid Public Market and Possible Volatility of Stock Price
-------------------------------------------------------------------
There is no public market for the Common Stock and  Savon received a symbol
(SVTM) for its common stock that is included for quotation in the over-the-
counter market on the OTC Bulletin Board effective August 11, 2003.  There has
been no trading activity since the stock was included for quotation and there
can be no assurance that a significant public market for the Common Stock will
develop or be sustained.  The future market price of the Common Stock may be
highly volatile.  There have been periods of extreme fluctuation in the stock
market that, in many cases, were unrelated to the operating performance of, or
announcements concerning the issuers of the affected securities.  Securities
of issuers having relatively limited capitalization, limited market makers or
securities recently issued in a public offering are particularly susceptible
to fluctuations based on short-term trading strategies of certain investors.

Possible Sale of Common Stock Pursuant to Rule 144
--------------------------------------------------
Savon has previously issued shares of Common Stock that constitute "restricted
securities" as that term is defined in Rule 144 adopted under the Securities
Act.  Subject to certain restrictions, such securities may generally be sold
in limited amounts one year after their acquisition. Savon issued 6,250,000
shares of Common Stock to Savon's founder in connection with its organization.
The shares of Common Stock issued to Savon's founder may become eligible for
resale under Rule 144 in June 2002.

Dividends
---------
Since inception, we have not paid any dividends on our Common Stock, and we do
not anticipate that we will pay dividends in the foreseeable future.  Holders
of common stock are entitled to receive such dividends as our board of
directors may from time to time declare out of funds legally available for the
payment of dividends.  We seek growth and expansion of our business through
the reinvestment of profits, if any, and do not anticipate that we will pay
cash dividends in the foreseeable future.  However, there are no limitations
imposed on dividend payout to shareholders by any of our loan holders or by
contract and no any other limitations on shareholder rights exist.

Shareholders
------------
At September 30, 2003, the Company had approximately 93 shareholders, based on
information provided by the Company's transfer agent.

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Report of Offering of Securities and Use of Proceeds Therefrom
--------------------------------------------------------------
The following information in provided pursuant to Rule 463 of Regulation C,
and Item 701 of Regulation S-B under the Securities Act of 1933, as amended.
Savon offered shares of its common stock pursuant to Registration Statement on
Form SB-2, declared effective on December 17, 2001 (the "Offering").  The
Offering was for a minimum 750,000 shares up to a maximum of 1,750,000 shares
at $0.10 per share.  On April 12, 2002, Savon filed a post-effective amendment
to the registration statement extending the offering period until September
30, 2002.  The amended registration was declared effective on April 25, 2002.
On September 30, 2002, the Offering was closed following the sale of 767,000
shares for gross proceeds of $76,700.  The proceeds of $76,700 were released
from escrow subsequent to September 30, 2002 and deposited in Savon's
operating account. Through June 30, 2003, proceeds have been disbursed as
follows:

  Professional fees           28,912.38
  Advertising                    500.00
  Escrow, bank and printing    1,091.69
  General and administrative   1,443.68
  Stock transfer fees          1,400.00
  Interest                        58.05
  Loan repayment              14,950.00
  Investment                  10,635.00
  Web site development        25,100.00

 $    41.64  Cash balance prior to IPO
  76,700.00  IPO proceeds
 (84,454.69) Total disbursed
      93.01  Interest income
   5,000.00  Loan proceeds
  12,183.75  Investment sold
 ---------------------------------
 $ 9,761.74  Ending cash balance

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ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Cautionary Statement Regarding Forward-looking Statements
---------------------------------------------------------
This report may contain "forward-looking" statements.  Examples of forward-
looking statements include, but are not limited to: (a) projections of
revenues, capital expenditures, growth, prospects, dividends, capital
structure and other financial matters; (b) statements of plans and objectives
of the Company or its management or Board of Directors; (c) statements of
future economic performance; (d) statements of assumptions underlying other
statements and statements about the Company and its business relating to the
future; and (e) any statements using the words "anticipate," "expect," "may,"
"project," "intend" or similar expressions.

General
-------
Savon was organized on June 28, 2001, under the laws of the State of Utah, by
Michael L. Rubin, who currently is Savon's sole officer, director and
shareholder.  In connection with forming Savon, Mr. Rubin contributed cash to
pay for the initial organization and a portion of the expenses of Savon's
registration on Form SB-2 and its periodic reports.  Savon's operations since
inception have consisted of effecting a registration statement, raising funds
thereunder for operating capital, and setting up its web site to commence
sales.  Savon's Registration Statement on Form SB-2 was declared effective on
December 17, 2001.  On April 12, 2002, Savon filed a post-effective amendment
to its registration statement extending the offering period until September
30, 2002.  The amended registration was declared effective April 25, 2002.
Limited sales of products began in the fourth quarter ended June 30, 2003.

Results of Operations
---------------------
Year Ended June 30, 2003 compared to June 30, 2002
--------------------------------------------------
Revenues and Costs of Sales.  Savon is considered a development stage company
and has only recently commenced business operations.  Savon had revenues of
$198 for the year ended June 30, 2003 with cost of sales of $140 for a gross
margin of $58.  Savon had no revenues for the year ended June 30, 2002.

General and Administrative Expense.  Total operating expenses for the year
ended June 30, 2003 were $55,386.  Web site development costs were the single
biggest expense item totaling $21,200.  Accounting fees of $5,941, legal fees
of $6,127, and professional fees of $6,142 were the other significant
expenses.

We also recorded $3,600 in rental expenses and $4,800 in salary expenses for
the use of office space in Michael Rubin's home and his services as sole
officer.  Mr. Rubin has contributed office space and services totaling $8,400
during the period which is included as an offsetting entry in the attached
financial statements in Additional paid-in capital.  Net loss for the year
ended June 30, 2003 was $53,757.  Savon expects to incur increased operating
expenses as its business operations commence.

By comparison, total operating expenses for year ended June 30, 2002 were
$46,335, consisting primarily of legal and accounting expenses related to
Savon's offering.  In fiscal 2002, we also recorded $3,600 in rental expenses
and $4,800 in salary expenses for the use of office space in Michael Rubin's
home and his services as sole officer, with the same contribution to capital
by Mr. Rubin.

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Liquidity and Capital Resources
-------------------------------
To date, Savon has financed its operations primarily through the sale of its
common stock for cash and through capital contributed by its principal
officer.  At June 30, 2003, Savon had working capital of $3,871.

Cash used by operating activities in the year ended June 30, 2003 totaled
$66,851. As of the year ended June 30, 2002, Savon owed a shareholder $11,500
for operating working capital which was treated as an account payable -
related party.  The payable was unsecured, due on demand, and bore no
interest.  During the year ended June 30, 2003, the balance of this payable
was paid in full.

Cash used by investing activities totaled $2,351, including $3,900 for web
site development costs, offset by a net gain of $1,549 from the purchase and
subsequent sale of marketable securities.  There were no investment activities
the prior year.

Cash flows from financing activities totaled $78,950, including $76,700
proceeds from the issuance of common stock for cash and $5,000 proceeds from a
note payable, offset by payments on a note payable of $2,750.

Savon's accompanying financial statements include a going concern
qualification because Savon does not have significant cash or other material
assets, nor has it established sufficient revenues to cover its operating
costs and allow it to continue.  Savon hopes to generate revenues from the
sale of team sports clothing and equipment through its web site.  At this
time, however, only minimal revenues have been generated, nor can management
predict when such revenues may increase.

Management plans to raise additional funds through the sale of its securities
in order to support continuing operations.  There can be no assurance that
Savon will be able to obtain such additional funding as needed, or that such
funding, if available, can be obtained on terms acceptable to Savon.

                        ITEM 7.  FINANCIAL STATEMENTS

The financial statements of the Company are set forth immediately following
the signature page to this form 10-KSB.

          ITEM 8.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
                        ACCOUNTING AND FINANCIAL DISCLOSURE

The Company has had no disagreements with its certified public accountants
with respect to accounting practices or procedures or financial disclosure.
See ITEM 13.  EXHIBITS AND REPORTS ON FORM 8-K.

                     ITEM 8A. CONTROLS AND PROCEDURES

(a) Evaluation of disclosure controls and procedures.
-----------------------------------------------------
Our chief executive and financial officer believes our disclosure controls and
procedures (as defined in Sections 13a-14(c) and 15d- 14(c) of the Securities
Exchange Act of 1934, as amended) are adequate, based on our evaluation of
such disclosure controls and procedures on September 30, 2003.
(b) Changes in internal controls.
---------------------------------
There have been no significant changes in our internal controls or in other
factors that could significantly affect these controls subsequent to the date
of their evaluation.

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                                PART III
    ITEM 9.  DIRECTORS AND EXECUTIVE OFFICERS, PROMOTERS, AND CONTROL
        PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT

The following table sets forth the name, age, and position of each executive
officer and director and the term of office of each Director of Savon.

Name                    Age     Position              Held Position Since
----                    ---     --------              -------------------
Michael L. Rubin        51      President/Director    June 2001
Fred Lacey, Jr.         44      Vice Pres/Director    October 2002
Pamela Gayle Warren     49      Secretary/Director    October 2002

The term of office of each director is one year and until his or her successor
is elected at the Registrant's annual shareholders' meeting and is qualified,
subject to removal by the shareholders.  The term of office for each officer
is for one year and until a successor is elected at the annual meeting of the
board of directors and is qualified, subject to removal by the board of
directors.

Biographical Information
------------------------
Set forth below is certain biographical information with respect to Savon's
officers and directors.

Michael L. Rubin graduated in 1973 Magna Cum Laude from the University of Utah
with a Bachelors Degree in Business Finance.  From 1973 to 1993, Mr. Rubin
worked in various capacities in the casino industry, eventually becoming a
supervisor and manager.  As manager, his duties included scheduling over 70
dealers and floor supervisors, instituting and maintaining proper procedures
and behavior of the dealers and floor supervisors, and attending to a wide
variety of customer needs and complaints.

Since 1993, Mr. Rubin has been Vice President of SavOn Sporting Goods ("SOSG")
in Ogden, Utah, a retail sporting goods supplier owned by Mr. Rubin's brother.
Mr. Rubin's responsibilities and experience for SOSG include: advertising and
marketing, retail sales, purchasing of inventory, scheduling and management of
employees, payroll, accounts receivable, and accounts payable.  He has also
provided bids and consummated sales of team sporting goods equipment and
uniforms to schools, city and county recreation organizations, church teams,
and military teams.

Fred Lacey, Jr. was appointed to the Board of Directors and as Vice President
of SavOn Team Sports, Inc. in October 2002.  Since 2000, Mr. Lacey has been
employed by Outsource Receivables in client and business relations.  From 1987
to 2000 Mr. Lacey was employed by Frito-Lay, Inc. in sales. Mr. Lacey received
an Associates Degree from Dixie College in 1980.  Mr. Lacey attended Northern
Arizona University from 1980 to 1982.

Pamela Gayle Warren was appointed to the board of directors and as secretary
of the Company in October 2002.  Since 1998, Ms. Warren has been employed as a
salesperson at SavOn Sporting Goods, Ogden, Utah.  Ms. Warren received a BA in
education from the University of Wyoming in 1981.

The Company will reimburse Directors for their expenses associated with
attending Directors' meetings.  However, Directors have not, nor is it
anticipated they will, receive any additional compensation for attending
Directors' meetings.

COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT
-------------------------------------------------
The Company is not subject to Section 16(A) of the Exchange Act.

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                     ITEM 10.  EXECUTIVE COMPENSATION

                    REMUNERATION OF OFFICERS AND DIRECTORS

The following table sets forth certain summary information concerning the
compensation paid or accrued since inception to Savon's chief executive
officer and/or any of its other officers that received compensation in excess
of $100,000 during such period (From June 28, 2001 [inception] to June 30,
2003).
                          SUMMARY COMPENSATION TABLE
<TABLE>
<CAPTION>
                     Annual Compensation                   Long Term Compensation
                     -------------------                   ----------------------
                                                           Awards    Awards  Payouts
                                                           ------    ------  -------
                                              Other      Restricted
Name and                                      Annual      Stock     Options  LTIP     All other
Principal Position Year  Salary($)  Bonus($) Compensation Awards   /SARs    Payout  Compensation
------------------ ----  ------     -------- ------------ ------   -------  ------  ------------
<S>              <C>   <C>        <C>      <C>          <C>      <C>      <C>     <C>
Michael L. Rubin   2003  $   -0-       -0-       -0-         -0-      -0-     -0-       -0-
President          2002  $   -0-       -0-       -0-         -0-      -0-     -0-       -0-

</TABLE>

Employment Agreements
---------------------
Savon does not have any employment agreements.  Our President, Mr. Rubin, has
not received any compensation in connection with serving as an officer and
director of Savon, and does not intend to receive any compensation until
revenues from operations justify it. During the year ended June 30, 2003, Mr.
Rubin contributed administrative services to the Company valued at $4,800
(twelve months at $400 per month) and office rental valued at $3,600 (twelve
months at $300 per month).  See Note 3 to the June 30, 2003 financial
statements.

Board Compensation
------------------
Savon's director receives no compensation for attendance at board meetings.

Options/Stock Appreciation Rights ("SAR") Grants in Last Fiscal Year
--------------------------------------------------------------------
No individual grants of stock options (whether or not in tandem with SARs), or
freestanding SARs were made since inception to any of the named executive
officers.

Bonuses and Deferred Compensation
---------------------------------
There are no compensation plans or arrangements, including payments to be
received from Savon, with respect to any person named as a director, executive
officer, promoter or control person above which would in any way result in
payments to any such person because of his resignation, retirement, or other
termination of such person's employment with Savon or its subsidiaries, or any
change in control of Savon, or a change in the person's responsibilities.

Compensation Pursuant to Plans
------------------------------
Savon has no compensation plan in place.

<PAGE>
<PAGE> 15

  ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth as of September 30, 2003 the name and address
and the number of shares of Savon's Common Stock, par value $0.001 per share,
held of record or beneficially by each person who held of record, or was known
by Savon to own beneficially, more than 5% of the 7,057,000 shares of Common
Stock issued and outstanding, and the name and shareholdings of each director
and of all officers and directors as a group.

Principal Shareholders:        Amount and
                               Nature of
                               Beneficial
Class   Name and Address       Ownership(1)            Percent
------  ----------------       ------------            -------
Common  Michael L. Rubin          6,250,000             88.56
        5039 South 1075 East
        Ogden, Utah 84403




Officers and Directors:        Amount and
                               Nature of
                               Beneficial
Class   Name and Position      Ownership(1)            Percent
------  -----------------      ------------            -------
Common  Michael L. Rubin          6,250,000             88.56
         President

Common  Fred Lacey, Jr.               2,000              0.03
         Vice-president

Common  Pamela Gayle Warren           5,000              0.07
         Secretary

   All Officers and Directors     6,257,000             88.66

------------------------

(1) All shares are owned beneficially and of record by the named shareholder
and the shareholder has sole voting, investment, and dispositive power of the
shares.

<PAGE>
<PAGE> 16
             ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Transactions with Management and Others
---------------------------------------
The information set forth below is provided by Savon based on what Savon
believes may be material to the shareholders in light of all the circumstances
of the particular case.  The significance of the transactions disclosed may be
evaluated by each potential investor after taking into account the
relationship of the parties to the transactions and the amounts involved in
the transactions.

Savon was organized on June 28, 2001, primarily through the efforts of Michael
L. Rubin, Savon's president. Mr. Rubin was issued 6,250,000 shares of Savon's
common stock in consideration of $10,000 cash.

Michael Rubin has worked since 1993 for SavOn Sporting Goods ("SOSG") in
Ogden, Utah, a retail sporting goods supplier owned by Mr. Rubin's brother.
SOSG has offered to supply Savon with inventory at cost because of certain
volume discount and other benefits which may accrue to SOSG as a result of
increasing its orders.  Because of the family relationship between Mr. Rubin
and his brother, the business relationship of the two companies cannot be
considered an arms length relationship.  Any change in ownership of either of
the two companies could threaten the proposed business relationship.

During the year ended June 30, 2002, Mr. Rubin contributed administrative
services to the Company valued at $4,800 (twelve months at $400 per month) and
office rental valued at $3,600 (twelve months at $300 per month).

Pamela Warren has been employed by SavOn Sporting Goods, Ogden, Utah, as a
salesperson since 1998.
<PAGE>
<PAGE> 17

                  ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

  (a)(1)FINANCIAL STATEMENTS.  The following financial statements are included
in this report:

Title of Document                                                         Page
-----------------                                                         ----
Independent Auditors' Report of HJ & Associates, LLC                       19
Balance Sheet as of June 30, 2003                                          20
Statements of Operations for the years ended June 30, 2003
 and 2002 and from inception of the development stage, June 28, 2001
 through June 30, 2003                                                     21
Statements of Stockholders' Equity for the years ended June 30, 2003
 and 2002                                                                  22
Statements of Cash Flows for the years ended June 30, 2003
 and 2002 and from inception of the development stage, June 28, 2001
 through June 30, 2003                                                     23
Notes to Financial Statements                                              25

 (a)(2)FINANCIAL STATEMENT SCHEDULES.  The following financial statement
schedules are included as part of this report:

     None.

 (a)(3)EXHIBITS.  The following exhibits are included as part of this report:

Exhibit No.     Description
-----------     -----------
   31           Certification of Principal Executive and Financial Officer
                pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

   32           Certification of Principal Executive and Financial Officer
                pursuant to 18 U.S.C. Section 1350, as adopted, pursuant to
                Section 906 of the Sarbanes-Oxley Act of 2002

 (b) Reports on Form 8-K.

     No reports on Form 8-K were filed during the quarter ended June 30, 2003.

                   ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES
                  Information required by Item 9(c) of Schedule 14A

  1) Audit Fees - The aggregate fees billed us for each of the last two fiscal
years for professional services rendered by our principal accountant for the
audit of our annual financial statements and review of our quarterly financial
statements is $6,750 and $3,986, respectively.

  2) Audit-Related Fees - None.

  3) Tax Fees totaled $395 for 2000 and 2001 tax returns, billed to us during
the fiscal year ended June 30, 2002.

  4) All Other Fees totaled $1,019 for services related to our SB-2
Registration Statement, billed to us during the fiscal year ended June 30,
2002.

  5) Not applicable.

  6) Not Applicable.

<PAGE>
<PAGE> 18

                                  SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.


                                       Savon Team Sports, Inc.


Dated: October 23, 2002                 By:/S/Michael L. Rubin,
                                             Principal Executive Officer and
                                             Principal Accounting Officer

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.


Date: October 23, 2003                 /S/Michael L. Rubin, Director


Date: October 23, 2003                 /S/Fred Lacey, Jr., Director


Date: October 23, 2003                 /S/Pamela Gayle Warren, Director

<PAGE>
<PAGE> 19

INDEPENDENT AUDITORS' REPORT


To the Board of Directors
Savon Team Sports, Inc.
(A Development Stage Company)
Salt Lake City, Utah

We have audited the accompanying balance sheet of Savon Team Sports, Inc. (a
development stage company) as of June 30, 2003, and the related statements of
operations, stockholders' equity and cash flows for the years ended June 30,
2003 and 2002 and from inception on June 28, 2001 through June 30, 2003.
These financial statements are the responsibility of the Company's management.
Our responsibility is to express an opinion on these financial statements
based on our audits.

We conducted our audits in accordance with auditing standards generally
accepted in the United States of America.  Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement.  An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements.  An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation.  We believe that our
audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Savon Team Sports, Inc. (a
development stage company) as of June 30, 2003 and the results of its
operations and its cash flows for the years ended June 30, 2003 and 2002 from
inception on June 28, 2001 through June 30, 2003 in conformity with accounting
principles generally accepted in the United States of America.

The accompanying financial statements has been prepared assuming that the
Company will continue as a going concern.  As discussed in Note 2 to the
financial statements, the Company has had minimal operations and has limited
capital which together raise substantial doubt about its ability to continue
as a going concern.  Management's plans in regard to these matters are also
discussed in Note 2.  The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.



HJ & Associates, LLC
Salt Lake City, Utah
October 14, 2003

<PAGE>
<PAGE> 20

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Balance Sheet

ASSETS

                                                                  June 30,
                                                                    2003
                                                                ------------
CURRENT ASSETS
 Cash                                                          $       9,762
                                                                ------------
   Total Current Assets                                                9,762
                                                                ------------
PROPERTY AND EQUIPMENT, NET (Note 4)                                   3,537
                                                                ------------
TOTAL ASSETS                                                   $      13,299
                                                                ============

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
 Accounts payable                                              $       3,628
 Note payable (Note 5)                                                 2,250
 Interest payable                                                         13
                                                                ------------
   Total Current Liabilities                                           5,891
                                                                ------------
STOCKHOLDERS' EQUITY
 Preferred stock at $0.001 par value; authorized 5,000,000
  shares, no shares outstanding                                            -
 Common stock at $0.001 par value; authorized 100,000,000
  shares, 7,057,000 shares issued and outstanding                      7,057
 Additional paid-in capital                                          100,443
 Deficit accumulated during the development stage                   (100,092)
                                                                ------------
   Total Stockholders' Equity                                          7,408
                                                                ------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                     $      13,299
                                                                ============






The accompanying notes are an integral part of these financial statements.

<PAGE>
<PAGE> 21

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Statements of Operations

                                                                    From
                                                                Inception on
                                                                   June 28,
                                      For the Years Ended       2001 Through
                                              June 30,             June 30,
                                         2003          2002          2003
                                     -----------   -----------   -----------
REVENUES                            $        198  $          -  $        198

COST OF SALES                                140             -           140
                                     -----------   -----------   -----------
GROSS MARGIN                                  58             -            58
                                     -----------   -----------   -----------
OPERATING EXPENSES
 Accounting                                5,941        12,802        18,743
 Advertising                                 500             -           500
 Depreciation Expense                        363             -           363
 Legal                                     6,127        25,060        31,187
 Professional                              6,142             -         6,142
 Rent                                      3,600         3,600         7,200
 Salary                                    4,800         4,800         9,600
 Transfer Agent                            3,103             -         3,103
 Web Site Development                     21,200             -        21,200
 General and Administrative                3,610            73         3,683
                                     -----------   -----------   -----------
Total Operating Expenses                  55,386        46,335       101,721
                                     -----------   -----------   -----------
LOSS FROM OPERATIONS                     (55,328)      (46,335)     (101,663)
                                     -----------   -----------   -----------
OTHER INCOME (EXPENSE)
 Gain on sale of
  available-for-sale securities            1,549             -         1,549
 Interest Income                              93             -            93
 Interest Expense                            (71)            -           (71)
                                     -----------   -----------   -----------
   Total Other Income (Expense)            1,571             -         1,571
                                     -----------   -----------   -----------
NET LOSS                            $    (53,757) $    (46,335) $   (100,092)
                                     ===========   ===========   ===========
BASIC LOSS PER SHARE                $      (0.01) $      (0.01)
                                     ===========   ===========
WEIGHTED AVERAGE NUMBER
 OF SHARES OUTSTANDING                 6,849,170     6,250,000
                                     ===========   ===========







The accompanying notes are an integral part of these financial statements.

<PAGE>
<PAGE> 22

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Statements of Stockholders Equity

<TABLE>
<CAPTION>
                                                                                       Deficit
                                                                                     Accumulated
                                                                       Additional    During the
                                                 Common Stock            Paid-In     Development
                                              Shares        Amount       Capital        Stage
                                           -----------   -----------   -----------   -----------
<S>                                     <C>           <C>           <C>           <C>
Balance at inception on
 June 28, 2001                                       -  $          -  $          -  $          -

Common stock issued to
 founder for cash at $0.0016
 per share                                   6,250,000         6,250         3,750             -

Net loss from inception on
 June 28, 2001 through
 June 30, 2001                                       -             -             -             -
                                           -----------   -----------   -----------   -----------
Balance, June 30, 2001                       6,250,000         6,250         3,750             -

Contributed capital for services
 rendered (Note 3)                                   -             -         8,400             -

Net loss for the year ended
 June 30, 2002                                       -             -             -       (46,335)
                                           -----------   -----------   -----------   -----------
Balance, June 30, 2002                       6,250,000         6,250        12,150       (46,335)

Contributed capital for services
 rendered (Note 3)                                   -             -         8,400             -

October 2, 2002, common stock
 issued for cash at $0.10 per share            767,000           767        75,933             -

October 2, 2002, common stock
 issued for settlement of debt at
 $0.10 per share                                40,000            40         3,960             -

Net loss for the year ended
 June 30, 2003                                       -             -             -       (53,757)
                                           -----------   -----------   -----------   -----------
Balance, June 30, 2003                       7,057,000  $      7,057  $    100,443  $   (100,092)
                                           ===========   ===========   ===========   ===========
</TABLE>



The accompanying notes are an integral part of these financial statements.

<PAGE>
<PAGE> 23

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Statements of Cash Flows
<TABLE>
<CAPTION>
                                                                                       From
                                                                                    Inception on
                                                                                      June 28,
                                                          For the Years Ended       2001 Through
                                                                 June 30,             June 30,
                                                           2003           2002          2003
                                                        -----------   -----------   -----------
<S>                                                  <C>           <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                                               $    (53,757) $    (46,335) $   (100,092)
Adjustments to reconcile loss to net cash
 used by operating activities:
 Depreciation expense                                           363             -           363
 Gain on sale of available-for-sale securities               (1,549)            -        (1,549)
 Contributed capital for services rendered                    8,400         8,400        16,800
Changes in operating assets and liabilities:
 Increase (decrease) in accounts payable and
  accrued expenses                                           (8,808)       16,449         7,641
 Increase (decrease) in accounts payable-
  related party                                             (11,500)       11,500             -
                                                        -----------   -----------   -----------
   Net Cash Used by Operating Activities                    (66,851)       (9,986)      (76,837)
                                                        -----------   -----------   -----------
CASH FLOWS FROM INVESTING ACTIVITIES
Web site development costs                                   (3,900)            -        (3,900)
Proceeds on sale of available-for-sale securities            12,184             -        12,184
Purchase of available-for-sale securities                   (10,635)            -       (10,635)
                                                        -----------   -----------   -----------
   Net Cash Used by Investing Activities                     (2,351)            -        (2,351)
                                                        -----------   -----------   -----------
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from note payable                                    5,000             -         5,000
Payments on note payable                                     (2,750)            -        (2,750)
Common stock issued for cash                                 76,700        10,000        86,700
                                                        -----------   -----------   -----------
   Net Cash Provided by Financing Activities                 78,950        10,000        88,950
                                                        -----------   -----------   -----------
NET INCREASE IN CASH                                          9,748            14         9,762

CASH AT BEGINNING OF PERIOD                                      14             -             -
                                                        -----------   -----------   -----------
CASH AT END OF PERIOD                                  $      9,762  $         14  $      9,762
                                                        ===========   ===========   ===========
</TABLE>





The accompanying notes are an integral part of these financial statements.

<PAGE>
<PAGE> 24

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Statements of Cash Flows (Continued)

<TABLE>
<CAPTION>
                                                                                       From
                                                                                    Inception on
                                                                                      June 28,
                                                          For the Years Ended       2001 Through
                                                                 June 30,             June 30,
                                                           2003           2002          2003
                                                        -----------   -----------   -----------
<S>                                                  <C>           <C>           <C>

SUPPLEMENTAL CASH FLOW INFORMATION
CASH PAID FOR:
Interest                                               $         58  $          -  $         58
Income taxes                                           $        299  $          -  $        299

NON-CASH FINANCING ACTIVITIES:
Contributed capital for services rendered              $      8,400  $          -  $      8,400
Common stock issued for settlement of debt             $      4,000  $          -  $      4,000

</TABLE>















The accompanying notes are an integral part of these financial statements.

<PAGE>
<PAGE> 25

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Notes to the Financial Statements
June 30, 2003 and 2002

NOTE 1 -ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a.  Organization

Savon Team Sports, Inc. (the Company) was incorporated on June 28, 2001 under
the laws of the State of Utah.  The Company sells uniforms and equipment for
all types of team sports.

The Company has minimal operations and minimal assets.  Accordingly, the
Company is dependent upon management and/or significant shareholders to
provide sufficient working capital to preserve the integrity of the corporate
entity during this phase.  It is the intent of management and significant
shareholders to provide sufficient working capital necessary to support and
preserve the integrity of the corporate entity.

b.  Accounting Method

The Company's financial statements are prepared using the accrual method of
accounting.

c.  Basic Loss Per Share

Loss per share has been calculated based on the weighted average number of
shares of common stock outstanding during the period.


                                                For the Years Ended
                                                     June 30,
                                                2003          2002
                                            -----------   -----------
Loss per share:
Numerator - net loss                       $    (53,757) $    (46,335)
Denominator - weighted average
 number of shares outstanding                 6,849,170     6,250,000
                                            -----------   -----------
Loss per share                             $      (0.01) $      (0.01)
                                            ===========   ===========

<PAGE>
<PAGE> 26

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Notes to the Financial Statements
June 30, 2003 and 2002

NOTE 1 -ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

d.  Provision for Taxes

Deferred taxes are provided on a liability method whereby deferred tax assets
are recognized for deductible temporary differences and operating loss and tax
credit carryforwards and deferred tax liabilities are recognized for taxable
temporary differences. Temporary differences are the differences between the
reported amounts of assets and liabilities and their tax bases.  Deferred tax
assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely that not that some portion or all of the
deferred tax assets will not be realized.  Deferred tax assets and liabilities
are adjusted for the effects of changes in tax laws and rates on the date of
enactment.

Net deferred tax assets consist of the following components as of June 30,
2003 and 2002:
                                                   2003         2002
                                                ----------   ----------
Deferred tax assets
 NOL Carryover                                 $   (32,849) $   (14,290)

Deferred tax liabilities:
 Depreciation                                          365            -

Valuation allowance                                 32,484       14,290
                                                ----------   ----------
Net deferred tax asset                         $         -  $         -
                                                ==========   ==========

The income tax provision differs from the amount of income tax determined by
applying the U.S. federal income tax rate of 39% to pretax income from
continuing operations for the years ended June 30, 2003 and 2002 due to the
following:

                                                   2003         2002
                                                ----------   ----------
Book loss                                      $   (20,965) $   (14,290)
Stock for Services/ Options Expense                  3,276            -
Depreciation                                          (365)           -
Other                                                 (140)           -
Valuation allowance                                 18,194       14,290
                                                ----------   ----------
                                               $         -  $         -
                                                ==========   ==========

At June 30, 2003, the Company had net operating loss carryforwards of
approximately $84,000 that may be offset against future taxable income from
the year 2003 through 2023.  No tax benefit has been reported in the June 30,
2003 financial statements since the potential tax benefit is offset by a
valuation allowance of the same amount.

Due to the change in ownership provisions of the Tax Reform Act of 1986, net
operating loss carryforwards for Federal income tax reporting purposes are
subject to annual limitations.  Should a change in ownership occur, net
operating loss carryforwards may be limited as to use in future years.

<PAGE>
<PAGE> 27

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Notes to the Financial Statements
June 30, 2003 and 2002

NOTE 1 -ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

e.  Additional Accounting Policies

Additional accounting policies will be established once planned principal
operations commence.


f.  Estimates

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

g. Web Site Development

The Company refers to guidance given in AICPA Statement of Position 98-1,
"Accounting for the Costs of Computer Software Developed or Obtained for
Internal Use" and EITF 00-2, "Accounting for Web Site Development Costs" to
determine whether web site development costs are capitalizable or should be
expensed as incurred.  During the year ended June 30, 2003, the Company
incurred the following web site development costs:

Internet Service Evaluation                                  $      1,750
Product Database Loading                                           18,850
Maintenance                                                           600
                                                              -----------
   Total Web Site Development Expensed                       $     21,200
                                                              ===========

Site Graphics Design                                         $      1,900
Product Database Development                                        2,000
                                                              -----------
   Total Web Site Development Capitalized                    $      3,900
                                                              ===========
h. Advertising Costs

The Company expenses advertising costs as they are incurred.  During the years
ended June 30, 2003 and 2002, the Company recorded advertising costs of $500
and zero, respectively.

<PAGE>
<PAGE> 28

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Notes to the Financial Statements
June 30, 2003 and 2002


NOTE 1 -ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

i. Newly Issued Accounting Pronouncements

During the year ended June 30, 2003, the Company adopted the provisions of
FASB Statement No. 144, "Accounting for the Impairment or Disposal of
Long-Lived Assets," FASB Statement No. 145, "Rescission of FASB Statements No.
4, 44, and 64, Amendment of FASB Statement No. 13, and Technical Corrections,"
FASB Statement No. 146, "Accounting for Costs Associated with Exit or Disposal
Activities," FASB Statement No. 147, "Acquisitions of Certain Financial
Institutions - an amendment of FASB Statements No. 72 and 144 and FASB
Interpretation No. 9," FASB Statement No. 148, "Accounting for Stock-Based
Compensation-Transition and Disclosure-an amendment of FASB Statement No. 123
(SFAS 148)," FASB Statement No. 149, "Amendment of Statement 133 on Derivative
Instruments and Hedging Activities," and FASB Statement No. 150, "Accounting
for certain financial instruments with characteristics of both liabilities and
equity."  Management does not believe these pronouncements will have a
material effect on the Company's financial statements.

NOTE 2 -GOING CONCERN

The Company's financial statements are prepared using generally accepted
accounting principles applicable to a going concern which contemplates the
realization of assets and liquidation of liabilities in the normal course of
business.  The Company has not yet established an ongoing source of revenues
sufficient to cover its operating costs and allow it to continue as a going
concern.  The ability of the Company to continue as a going concern is
dependent on the Company obtaining adequate capital to fund operating losses
until it becomes profitable.  If the Company is unable to obtain adequate
capital, it could be forced to cease development of operations.

In order to continue as a going concern, develop a reliable source of
revenues, and achieve a profitable level of operations the Company will need,
among other things, additional capital resources.  Management's plans to
continue as a going concern include raising additional capital through sales
of common stock.  However, management cannot provide any assurances that the
Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent upon
its ability to successfully accomplish the plans described in the preceding
paragraph and eventually secure other sources of financing and attain
profitable operations.  The accompanying financial statements do not include
any adjustments that might be necessary if the Company is unable to continue
as a going concern.

<PAGE>
<PAGE> 29

SAVON TEAM SPORTS, INC.
(A Development Stage Company)
Notes to the Financial Statements
June 30, 2003 and 2002

NOTE 3 - RELATED PARTY TRANSACTIONS

Costs paid on behalf of the Company for services provided at no cost to the
Company, such as working for no salary or not charging rent for office space,
will be recorded as an expense by the Company with an offsetting entry to
Additional paid-in capital.  During the years ended June 30, 2003 and 2002, a
shareholder contributed services valued at $8,400 and $8,400, respectively,
for rent and salaries.

As of the year ended June 30, 2002, the Company owed a shareholder $11,500 for
operating working capital which was treated as an account payable - related
party.  The payable was unsecured, due on demand, and bore no interest.
During the year ended June 30, 2003, the balance of this payable was paid in
full.

NOTE 4 - PROPERTY AND EQUIPMENT

As of June 30, 2003, the Company held the following property and equipment
which it depreciates over 3 years under the straight-line method:

Web Site                                      $     3,900
Accumulated Depreciation                             (363)
                                               ----------
   Total Property and Equipment, Net          $     3,537
                                               ==========

Depreciation expense for the years ended June 30, 2003 and 2002 was $363 and
zero, respectively.

NOTE 5 - NOTE PAYABLE

During the year ended June 30, 2003, the Company received proceeds of $5,000
and made payments of $2,750 on a note payable entered into during the year.
The note payable accrues interest at 7% annually, is unsecured and is due upon
demand.  During the year ended June 30, 2003, the Company recorded accrued
interest related to the note payable of $71 and payments of accrued interest
of $58.  As of June 30, 2003, the balance of the note payable was $2,250 and
the balance of accrued interest related to the note payable was $13.