Pezcyclingnews: Eurotrash Giro For Sale Thursday!


Jan 3, 2005
If you have a spare 80 million you could own the Giro d’Italia, but ASO might beat you to it. The (possible) Giro sale is our Top Story, plus we have cross action from the Jaarmarktcross with report, result and video. Other cycling news: WorldTour and ProConti teams, Strade Bianchi course, retirements and contracts, Alberto Contador visits hospital, Soudal sponsorship, bike for Lionel Messi, new kit for Movistar and the wedding of the year in Slovakia. A full EuroTrash Thursday. TOP STORY: Giro for Sale?The front page of Milano Finanza leads with the news that RCS Media needs to pay off some of its 440,000,000 debt and selling RCS Sport could be the answer. RCS Sport runs the Giro d’Italia as well as Milan-San Remo, Lombardia, Tirreno-Adriatico, Strade Bianche, Dubai Tour and the Abu Dhabi Tour and is involved in other sports. The rumor is that RCS Sport would be worth around 80 million, so that would not make a big dent in the debt, but every little bit helps.Tour de France organizers, ASO, are bound to be the front runners in the purchase of the Italian race owner/organizer. If the sale went through, it would put ASO into an exceptionally dominant position, owning control of all three Grand Tours and many of the Classics. If there was a fall-out between ASO and the UCI, the men in Switzerland wouldn’t have much leverage and the teams would also have to tow-the-line. A monopoly is never a good thing. Would the...

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