110

Sport

Riis sells cycling team to Russian sponsors

admin
December 3rd, 2013


This article is more than 11 years old.

When the UCI World Tour season starts next year, there will be no Danish-owned team on the roster

When Albert Contador and his fellow Team Saxo-Tinkoff (TST) teammates saddle up for next year’s UCI World Tour pre-season preparations, they won’t be riding for a Danish team any longer. Instead, they will ride under Russian banners.

Bjarne Riis, TST’s long-standing team owner, shocked the Danish cycling community on Monday by announcing in London that that he has decided to sell his cycling team to Oleg Tinkoff, the owner of TST’s co-sponsor Tinkoff Credit Systems.

Riis, who will continue on as sporting director of the team, said Oleg Tinkoff would be the sole owner of the team and Tinkoff Credit Systems would become the main sponsor, with Saxo Bank becoming a secondary sponsor.

“It’s a great day for my team and a day that I have been dreaming of for a long time,” Riis said in a press conference. “With Oleg’s purchase and the resources that come with it, we can make a world-class team. The ambition is to become number one in the world, and I think we can fulfil that goal in the coming years.”

READ MORE: Riis knew about doping

Tinkoff-Saxo from 2014
Oleg Tinkoff was elated with his latest purchase, saying that he was delighted that Riis would stay on and that the future indeed looked bright for the team.

“I want to congratulate Bjarne. It’s fantastic news for both of us. I’ve always had a dream to work with Bjarne Riis because he is the best business partner,” Tinkoff said in a press release. “We started as sponsors of Team Saxo Bank, and today I am very happy because I’ve bought the team and kept Bjarne on as manager.”

Riis is estimated to have earned about 45 million kroner from the sale of his team, which will from 2014 be called Tinkoff-Saxo.


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”