Jump to content

So, will Lance?

Johan A Marais

Recommended Posts

Start his own team...


Armstrong's interest in owning a team may mean taking over the Astana squad for which he is racing (sans salary). According to a report by cyclingnews.com, "The team is under real threat of financial collapse and has a week to sort things out before the UCI withdraws the professional license." Astana, named for Kazakhstan's capital, is funded by a consortium of the country's industries. Apparently only one company has paid what it owes while several have said they cannot pay under any circumstances. It's known that rider salaries have been delayed.
The VP of Kazakhstan's cycling federation is quoted as saying, "Personally I am almost sure that it won't be possible to rescue the team. Even if the team will be at the start of Giro d'Italia under its own name, in the future Astana will still be disbanded because the debt will only snowball, and there's nowhere to get the money."

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Settings My Forum Content My Followed Content Forum Settings Ad Messages My Ads My Favourites My Saved Alerts My Pay Deals Help Logout