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RSS FeedsVaughters: Team Sky situation is a `wake-up call` for the sport
(Cyclingnews.com)

 
 

14 december 2018 07:41:06

 
Vaughters: Team Sky situation is a `wake-up call` for the sport
(Cyclingnews.com)
 


Slipsteam Sports CEO Jonathan Vaughters has said that the current situation with Team Sky set to lose their title sponsor after this season should come as a `wake-up call` that professional cycling needs a better business model for teams moving forward. Speaking with Press Association Sport following recent news that Sky would no longer support the super-successful British team, Vaughters, who runs the EF Education First WorldTour program that grew from Garmin and Cannondale, said the team`s £30million budget would be hard to replace moving into 2020. `There`s never been a sponsorship sold for that much,` Vaughters said, according to the Daily Mail. `These are very uncharted waters.ADVERTISEMENT `By the way they run that operation, I think it would be extremely difficult for them to scale down.` Although Vaughters warned against `dancing on their graves`, he said the demise of the sport`s most dominant team, who outspent their rivals exponentially, could be a positive development in the long term. `It`s never good if a team leaves the sport, but Sky was outspending the next team by two,` he said, according to the Daily Mail. `Other sponsors that might have been interested in coming in at the £15-20million price point were totally dissuaded because you´re not going to get a winning team. Sky to end sponsorship after 2019 Team Sky set 2019 Tour de France as deadline to find new sponsors Team Sky created `brilliant sponsor template` but may struggle to find replacement Chris Froome: We are not finished by any means Acquadro confident Brailsford can save Team Sky Geraint Thomas: Sky pulling out is amazing opportunity for other sponsors - Jonathan Vaughters (@Vaughters) December 12, 2018 You can read more at Cyclingnews.com


 
32 viewsCategory: Sports > Cycling
 
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