Tuesday, December 5, 2023

New plan to inject undertaking capital into professional biking ‘vital step’, says Vaughters

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This week reviews uncloaked a behind-the-scenes push to overtake the industry fashion {of professional} biking. Led by means of Jumbo-Visma CEO Richard Plugge and Soudal-QuickStep’s rich backer Zdenek Bakala, the scheme is designed to carry massive quantities of undertaking capital into the game to lend a hand shore up what are an increasing number of dire economics.

The main points of the plan are nonetheless unclear, however Plugge and EF Training-EasyPost CEO Jonathan Vaughters spoke to the ‘Radio Biking’ podcast revealing some new knowledge.

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