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Corona virus and cycling: Teams In Trouble

No_Ta_DoctorNo_Ta_Doctor Posts: 13,037
in Pro race
I know we've got a thread for Corona virus and sport, but it's not always easy to keep up to date with what's happening with cycling specifically on there.

We know that teams are going to have a lot of difficulty financially, especially if the new calendar doesn't come off, but which ones are in real trouble?

CCC are discontinuing sponsorship for next season - anyone else?
“Road racing was over and the UCI had banned my riding positions on the track, so it was like ‘Jings, crivvens, help ma Boab, what do I do now? I know, I’ll go away and be depressed for 10 years’.”

@DrHeadgear

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Posts

  • dish_dashdish_dash Posts: 5,534
    Bigla and Katusha both pulling out of sponsoring that team.
  • dish_dashdish_dash Posts: 5,534
    Also EF-Education First, Mitchelton-Scott, Bahrain-McLaren, Lotto-Soudal, and Astana all instituted pay cuts, which could point to a larger sponsor problem coming down the road.

    EF - business largely driven by people being able to travel.
    McLaren - announced big cuts at HQ.
    Astana - always about to pull funding.
    Mitchelton - How long does Gerry Ryan's generosity last?
  • pblakeneypblakeney Posts: 24,685
    I'd go as far as to say all of them. INEOS may appear bombproof but James Ratcliffe has a proven track record of being ruthless should the business waver.
    The above may be fact, or fiction, I may be serious, I may be jesting.
    I am not sure. You have no chance.
    Veronese68 wrote:
    PB is the most sensible person on here.
  • blazing_saddlesblazing_saddles Posts: 21,604
    pblakeney said:

    I'd go as far as to say all of them. INEOS may appear bombproof but James Ratcliffe has a proven track record of being ruthless should the business waver.

    Me too atm.
    Sunweb being a holiday company are definitely sweating on how much of the season is salvage.
    The others could go either way, depending on how much of that calendar gets completed.
    Sponsors could actually get better exposure.
    "Science is a tool for cheaters". An anonymous French PE teacher.
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