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LukasCPH

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Re: Team Sponsorship 19/20
« Reply #90 on: January 08, 2020, 15:20 »
Bjarne Riis pulls a rabbit from his hat yet again! :o

Virtu Cycling acquires a 33% stake in the company running #ntt, Riis becomes team manager:
https://nttprocycling.com/ntt-pro-cycling-enters-into-partnership-with-virtu-cycling

I've been doing some 'live commentary' on Twitter (this tweet is the start of a long-ish thread):
https://twitter.com/lukascph/status/1214911535161716736

One important point is that they only announced a Letter of Intent today - which isn't a binding document. That said, both Doug Ryder on one side and Riis & Seier on the other would be the laughing stock of the cycling (and, more importantly, business) world if they didn't follow through, and quickly.
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    Drummer Boy

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    Re: Team Sponsorship 19/20
    « Reply #91 on: January 16, 2020, 00:15 »
    I hadn't realized this was even in the works.  :cool

    https://twitter.com/TourDeJose/status/1217532833742381056
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  • Francois the Postman

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    Re: Team Sponsorship 19/20
    « Reply #92 on: January 16, 2020, 04:00 »
    You can't keep a good Carrot down!

    Looks like Euskadi–Murias, which tried to become the new carrots but went belly up last year, has been subsumed by the Fundación Euskadi with 5 riders joining the team.

    I see Mikel is now busy trying to get the Tour de France to start in the Basque country in 2023. He might be riding elsewhere but seems to have left his heart at home, in orange, where it belongs.

    Thanks Mikel Landa, appreciated!
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    Re: Team Sponsorship 19/20
    « Reply #93 on: January 31, 2020, 08:49 »
    Over in Italy, the new Team Monti is struggling to get their stuff together. The Italian Federation has now issued a 5 day ultimatum

    http://www.cicloweb.it/2020/01/30/team-monti-federazione-ultimatum/

    Monti was initially supposed to go Continental, act as Quicksteps development team, and they already had hired some big names (Amadio, Zanetti, Belli as staff, Bissegger and so on as a rider), but Lefevere doesn't seem to be interested in putting any money into it and now already stopped the supply of equipment as the first payments for it didn't come. Antonio Monti still tries to find some sponsors, but this looks more and more unlikely to happen. With Michele Gazzoli the first rider already has left the sinking ship and moved to Colpack.
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  • "If this is cycling, I am a banana"

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    Re: Team Sponsorship 19/20
    « Reply #94 on: February 05, 2020, 11:21 »
    by the look of it, they have paid some money to the FCI and the project will go on - but the way I understand it (not sure about it though) as an U23 team only, and with no connection to Quickstep anymore.

    This Tony Monti guy seems to be a proper dickhead btw

    https://www.facebook.com/tony.monti.313
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  • LukasCPH

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    Re: Team Sponsorship 19/20
    « Reply #95 on: February 05, 2020, 13:18 »
    Good to hear the team isn't folding completely, but does carry on.

    This Tony Monti guy seems to be a proper dickhead btw

    https://www.facebook.com/tony.monti.313
    What can I say? :-x :angel
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    Re: Team Sponsorship 19/20
    « Reply #96 on: February 05, 2020, 13:56 »
    here's an article about it with some more details:

    https://www.ciclismoweb.net/news/team-monti-il-termine-e-scaduto-e-ora/18729

    So Monti has not sent in the required documents to set up a continental team, and therefor all riders under contract are allowed to leave. Michele Gazzoli (Team Colpack), Gabriele Benedetti (Casillo Petroli Firenze) and Jakob Dorigoni (Israel Start Up Nation) picked up the opportunity to sign elsewhere, while some others decided to stay with the new "Team Monti SSD ARL" U23 team. The future of Mauro Schmid and Stefan Bissegger (who focuses on the Olympics with the Swiss national team anyway and will join #ef afterwards, so for him it's half bad) is not known yet.
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  • Joan

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    Re: Team Sponsorship 19/20
    « Reply #97 on: February 06, 2020, 00:08 »
    and Jakob Dorigoni (Israel Start Up Nation) picked up the opportunity to sign elsewhere,

    I doubt that  #israel with 30 rider signed a 31st rider. Let's start the rumour it's the Sutherland replacement  :shh
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  • LukasCPH

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    Re: Team Sponsorship 19/20
    « Reply #98 on: February 06, 2020, 05:57 »
    I doubt that  #israel with 30 rider signed a 31st rider. Let's start the rumour it's the Sutherland replacement  :shh
    Or he's signed for the development team (which has to be close to capacity too, though).
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    Re: Team Sponsorship 19/20
    « Reply #99 on: February 06, 2020, 08:34 »
    Or he's signed for the development team (which has to be close to capacity too, though).

    yeah, I think both teams are full (the UCI has just 15 riders listed for the academy, but Shlomi Haimy is missing on there, and he was in the training camp with the Academy over the past days, so it doesn't look like he left the team or something like that).

    The article doesn't specifiy it, but maybe Dorigoni will join them as a stagiare later on?! For the moment he's busy with Cyclocross anyway
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    Re: Team Sponsorship 19/20
    « Reply #100 on: February 13, 2020, 21:46 »
    the U23 Team Monti is done as well now.

    It's really a pity, because they were almost ready to race. The backpacks had already arrived



    They may give it another try next year (or better not)

    http://www.cicloweb.it/2020/02/13/ora-e-ufficiale-il-team-monti-non-si-fa-piu-corridori-e-staff-a-piedi/
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  • LukasCPH

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    Re: Team Sponsorship 19/20
    « Reply #101 on: February 19, 2020, 11:06 »
    the U23 Team Monti is done as well now.

    It's really a pity, because they were almost ready to race. The backpacks had already arrived
    :fp :fp :fp

    To put it in an Italian phrase: Vaffanculo! :angry
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  • Leadbelly

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    t-72

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    Re: Team Sponsorship 19/20
    « Reply #103 on: February 20, 2020, 07:03 »
    Does this mean that neither Corendon nor Circus could afford the Euros to pay for van der Poel’s team-building ambitions anymore, but both decided to stay in cycling, shifting to teams with lower budgets?

    Not sure what to make of that, but that’s got to be a good sign for the sport, isn’t it? They must have been getting something in return from their investments that have made them willing to try again.
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    Re: Team Sponsorship 19/20
    « Reply #104 on: February 20, 2020, 08:28 »
    Does this mean that neither Corendon nor Circus could afford the Euros to pay for van der Poel’s team-building ambitions anymore, but both decided to stay in cycling, shifting to teams with lower budgets?

    well, it wasn't really the best partnership I think, personally I always thought it sounded more like they would advertise for a circus called Corendon ;)

    And for Corendon, there may be other reasons to leave the team as well, apart from just financial ones. Sunweb and Corendon are the same company now, with Sunweb taking over their business in Belgium and the Netherlands, so the core market they were advertising for doesn't exist anymore.

    Additionally, having two teams with basically the same sponsor could have caused problems with the UCI maybe (although, on paper, it could also be the case for Bikeaid and Sunweb Devo now)
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  • LukasCPH

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    Re: Team Sponsorship 19/20
    « Reply #105 on: February 20, 2020, 12:24 »
    Additionally, having two teams with basically the same sponsor could have caused problems with the UCI maybe (although, on paper, it could also be the case for Bikeaid and Sunweb Devo now)
    Going by the placement of the Corendon logo on the #bikeaid kit (a relatively small logo on the upper chest), Corendon isn't one of the main partners. And it's only the main partners that can't be the same between teams.

    So it's all good, #bikeaid and #dsu can race against each other to their hearts' content. :cool
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  • LukasCPH

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    Re: Team Sponsorship 19/20
    « Reply #106 on: March 09, 2020, 09:36 »
    #astana has no liquidity ... again:
    https://www.ciclo21.com/astana-adeuda-los-salarios-de-2020-a-su-personal/

    The team hasn't paid salaries for January and February yet. :(
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  • Servais Knavendish

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    Re: Team Sponsorship 19/20
    « Reply #107 on: April 22, 2020, 10:40 »
    So no offence to whoever amongst us was modding the twitter account yesterday - and agreed with Sir Dave on his comments from R4 Today programme; - but I thought it was just a vacuous wish statement without suggestion of any kind of potential reform.  Sure Pro-cycling wants to be less reliant on the Tour; and it clearly eats away at some of those involved that we as fans make no direct financial contribution; but just saying that should be so is not even the start of finding a way to MAKE it so...

    Like the rest of the world the Pro Cycling world is in an existential battle to return to its 2019 guise; and it seems incredibly unlikely that the 2021 grid will be populated with so many (previously well funded) teams; which in turn will drive down rider salaries etc etc.  However the concept of grown men (and women) racing each other across the roads of Europe will persist; and it needs the remaining teams, sponsors, administrators and broadcasters to work together to agree the post CV19 cycling agenda.

    This does not have to be apocalyptic - but will be a step change from how we started 2020.

    https://www.bbc.co.uk/sport/cycling/52367187
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  • Servais Knavendish

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    Re: Team Sponsorship 19/20
    « Reply #108 on: June 09, 2020, 11:20 »
    So CCC first WT team to declare their hand re end of sponsorship cover - dreadful time for Ochowicz to be out in market for cash.  So many potential industries will surely be no go zones for scale of discretionary funds required to replace CCC in '20, or '21?

    I wish him and other team principles well in months ahead - and hope there are some highly placed c- suite cycling nuts out there in say the supermarket, distribution, or online entertainments worlds that can step up at this time.
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  • just some guy

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    Of course, if this turns out someday to be the industry standard integrated handlebar-computer-braking solution then I'll eat my kevlar-reinforced aerodynamic hat.

    Larri Nov 12, 2014

    Leadbelly

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    Re: Team Sponsorship 19/20
    « Reply #110 on: June 12, 2020, 17:06 »
    #lampre

    An easy kit for Fus to do. Just needs a rename.
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  • Leadbelly

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    Re: Team Sponsorship 19/20
    « Reply #111 on: June 12, 2020, 18:25 »
    https://twitter.com/inrng/status/1271476237115031552

    Quote
    It all looks odd.

    Francisco Huertas is a local businessman from Granada and various reports say he’s in construction, real estate, stock market trading and car dealerships. If he wants to spend his money on cycling then good for him but we’re talking committing to spending millions here.

    Only Huertas doesn’t seem to be a big figure, for starters the foundation has been sponsoring a local MTB team then a U23 road team: it vibes local, not World Tour. The regional press in Andalusia hasn’t written much about him, there’s sponsorship of Granada football club by his construction company which ended badly with missed payments and in 2017 he tried to buy a stake in Real Jaen, a football club in Spain’s third division, but it didn’t go through. Put simply if Huertas couldn’t make ends meet to buy a stake – not total ownership – of a club in Spain’s fourth tier of football he’s probably a lot poorer than Mitchelton-Scott owner Gerry Ryan or other multi-millionaires in pro cycling.

    Scepticism is the order of the day.
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  • AG

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    Re: Team Sponsorship 19/20
    « Reply #112 on: July 01, 2020, 07:33 »
    and in the least surprising anouncement ever - Shayne Bannan and Financial Manager Alvara Crespi have been given the boot from Mitchelton Scott.

    :D

    https://cyclingtips.com/2020/07/mitchelton-scott-boss-bannan-reportedly-out-after-manuela-fundacion-fiasco/
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