Pegasus

iainf72

WTF is wrong with these guys.

Didn't get paperwork right for PT, now same story for Pro-Conti.

I'd heard a rumour their cash was pulled in light of the Contador positive but nothing concrete. They have a bunch of riders and all but it's not looking good.

Even those wierd little Italian teams seem to have got their paperwork in order.

andyp

Looks like their doomed before a pedal has been turned in anger;

http://www.cyclingnews.com/news/pegasus ... ther-teams

danlikesbikes

Seems like another bunch of riders having the rug pulled from under them all too late, not that I'm comparing it to Cervelo Test Team but is bad that they don't have their paperwork in order. Leaving so damn fine riders with a very short option of hang on and hope it is sorted out or look for a ride elsewhere but on a lower wage and possibly with a lesser team than they could have gone for.

blazing_saddles

More Fassa Ferretti's Sony Ericsson, or Linda Mc's Jaguar than Cervelo, I'd say.

rozzer32

Not looking good. Not a good time for riders at the minute. Any body got any more up to date info on what Geox are doing? Might be more riders for looking for teams if that falls through as well.

Pokerface

Looks like Pegasus has now pulled the plug on funding:

http://www.cyclingnews.com/news/pegasus ... ug-on-team

SpaceJunk

Pokerface wrote:

Looks like Pegasus has now pulled the plug on funding:

http://www.cyclingnews.com/news/pegasus ... ug-on-team

Perhaps CN should have spoken with Chris White rather than just make assumptions. Gee, their journalistic integrity is shot these days:

http://www.sbs.com.au/cyclingcentral/news/19021/Pegasus,-bloodied,-vows-to-fly-again

CN headline is total Bullsh!t, but hardly surpring givien it is, CN after all.

andyp

I'm pretty certain CN would have verified their story before publishing it. Chris White sounds like a condemned man, he has to put on a positive front but if he can beat the UCI's deadline of Wednesday to have the financial guarantees in place I'd be surprised, as it sounds like a large part of his funding was withdrawn last week. That's normally fatal for a cycling team at this point in the calendar.

pedro118118

Danlikesbikes wrote:

Seems like another bunch of riders having the rug pulled from under them all too late, not that I'm comparing it to Cervelo Test Team but is bad that they don't have their paperwork in order. Leaving so damn fine riders with a very short option of hang on and hope it is sorted out or look for a ride elsewhere but on a lower wage and possibly with a lesser team than they could have gone for.

It's not comparable.

Stu T

I've read that the main sponsor was a certain George Gillet.

Any Liverpool FC fans will know about this guy.

stagehopper

Stu T wrote:

I've read that the main sponsor was a certain George Gillet.

Any Liverpool FC fans will know about this guy.

Given his dire financial problems, it's no surprise Pegasus are grounded.

redddraggon

stagehopper wrote:

Stu T wrote:

I've read that the main sponsor was a certain George Gillet.

Any Liverpool FC fans will know about this guy.

Given his dire financial problems, it's no surprise Pegasus are grounded.

It was Gillette the shaver company, not that Yank

stagehopper

redddraggon wrote:

stagehopper wrote:

Stu T wrote:

I've read that the main sponsor was a certain George Gillet.

Any Liverpool FC fans will know about this guy.

Given his dire financial problems, it's no surprise Pegasus are grounded.

It was Gillette the shaver company, not that Yank

Not according to Velonation - they claim to have George Gillett Jr confirmed by three separate sources:

http://www.velonation.com/News/ID/6703/ ... acker.aspx

Stu T

redddraggon wrote:

stagehopper wrote:

Stu T wrote:

I've read that the main sponsor was a certain George Gillet.

Any Liverpool FC fans will know about this guy.

Just going off this, dunno myself either way



http://theinnerring.blogspot.com/2010/1 ... money.html

Given his dire financial problems, it's no surprise Pegasus are grounded.

It was Gillette the shaver company, not that Yank

northernneil

deffo lost sponser but denies the team is folding

http://www.cyclingnews.com/news/pegasus-admits-losing-sponsor-denies-team-has-folded?ns_campaign=news&ns_mchannel=rss&ns_source=cyclingnews&ns_linkname=0&ns_fee=0

rick_chasey

This is something riders should get more arsey about.

F*ck protesting because the road's a little narrow and wet.

Protest about the total lack of employee and job security.

This is seriously amateur, and would be if the figures involved weren't so big.

dave_1

Rick Chasey wrote:

This is something riders should get more arsey about.

F*ck protesting because the road's a little narrow and wet.

Protest about the total lack of employee and job security.

This is seriously amateur, and would be if the figures involved weren't so big.

This forum by majority agrees point 2 is exactly the medicine the sport needs. That will teach the dopers they think

Wheelspinner

Claims it's all sorted now. Rumoured to be Scott bikes as the bailer-out.

http://www.cyclingnews.com/news/white-secures-financial-backing-for-pegasus

cal_stewart

would make sense as scott aren't got anyone else riding there bikes