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Featured US National Guard McConnell Top News Eric Swalwell


An impenetrable wall of money: sure in the cycling world to be the successor of Team Sky
Cycling Through the acquisition of Ineos, the survival of cycling team Sky provisional insured. In the world of cycling is the acquisition followed very closely, because how much money the multi-billionaire owner Jim Ratcliffe in his new project? Sky out financially head and shoulders above the other teams and there seems to be certainly not in reverse.

Ineos, a British chemical company that was founded in 1997. A direct link to cycling, the company has not, except that the owner Ratcliffe himself is a fanatic cyclist. Ratcliffe's power was in 2018 estimated to be a sloppy 16.4 billion dollars and the chance is big that he Team of Ineos, as the team from may goes through life, a considerable financial injection will give. According to British media hengelde Ratcliffe earlier to a takeover of Chelsea football club. The richest inhabitant of Great Britain has been the Swiss club FC Lausanne under his wing. the

The acquisition raises questions about the ‘financial fair play’, reports Reuters. With an estimated budget of around forty million euro has been Team Sky are by far the most money of all profwielerploegen to spend. The largest competitors of Sky have ‘only’ a budget of fifteen to twenty million euros. “I understand that people are worried that the team with the most money, the best riders can engage in,” says UCI president David Lappartient. On the question of whether there is therefore a salarisplafond in cycling introduced must be gives Lappartient, no clarity. “We can talk about. But one of our goals is to have a more stable economy in the cycling world.”

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