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Financial Fair Play

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Re: Re:

13 Sep 2017 10:18

The Hegelian wrote:The point I make is probably a bit uncouth - it is simply that from the standpoint of a spectator, watching procycling has a touch of the Romans going off to the colloseum about it. There's nothing much just or noble about it, but it is admittedly fascinating.....in part because of its capitalistic-anarchic elements.

If I was an insider, I would strongly argue for the concerns you voice.
Just to be clear on something: my concern with cycling's economic tribulations is more with the poorly thought out solutions offered by many and the general lack of understanding surrounding the real economics of cycling. Some people are too attached to certain mythical models they've heard repeated over and over and never actually look for themselves at what is really happening. For the most part, I'm not sure I have a problem, as such, with cycling's economic structure: it's got us this far. There may be a few things around the edges that could be tidied up a bit, and you can argue about the levels that certain things are set at, but for me, most of the key things - minimum wages and revenue sharing - are accepted principles. Like you, I enjoy the way cycling offers a view of a form of capitalism unfettered by too much social conscience. I don't really like the reform nonsense JV has been spouting since 2011: he refuses to defend it when questioned on it - as usual he prefers people who'll just nod along and applaud his ideas - and, at the end of the day, all it is is (as Noam Chomsky would say) socialism for the rich, capitalism for the poor.
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Re: Re:

13 Sep 2017 10:20

myrideissteelerthanyours wrote:All the biggest companies I've seen advertising on Cycling have been targeted Google Ads playing before I open bootleg streams.
What's a big company in your book? A valuation of three, four, five billion dollars?
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13 Sep 2017 12:15

Brian Cookson:
The UCI is essentially a regulator and regulators don’t generally like to see monopolies in any industry. ASO don’t quite have a monopoly but they do have a very strong position. What I would like to see is others in these positions, whether or not they are event organisers; we have Wanda Group involved in China for instance.

As far as I am concerned we can work and develop with them to see cycling develop and become even stronger in future.
and
I think that a budget or salary cap is an interesting idea. I think they work in some sports where there is a closed league system but they are much more difficult to police when you have an open system. There will always be teams that are better funded than others.

What I want to do is spend some time thinking about this. I have been speaking to Yves Leterme - the former Belgian prime minister, who is heading up Uefa’s Financial Fair Play (FFP) unit - about whether there are lessons that we can learn from football in that respect.

After the election I will be working even closer with him discuss the possibility of this. I am open to this and I would be interested to see if a system could be made to work. Men’s professional cycling is still a long way behind sports like football in terms of the budgets of the team and the remunerations levels. So I am not entirely convinced.
and more on Wanda
This is a really exciting development and it is one the most substantial partnerships that the UCI has ever become involved in. Together we will organise the Tour of Guangxi next year. They are committed to building a satellite of our World Cycling Centre in China and they are committed to organising our so-called World Urban Cycling Championships for the next three years, which includes the Olympic discipline of freestyle BMX plus trials and eliminators.

They are committed to investing in Chinese cycling in general. We will be doing a women’s event too this year that will be in the Women’s World Tour next year. They are committed to substantial investment to all forms of cycling in China - they also have number of global subsidiaries - and we are working with them to try to get most out the investment and for our sport.
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Re:

14 Sep 2017 13:53

fmk_RoI wrote:Brian Cookson:
The UCI is essentially a regulator and regulators don’t generally like to see monopolies in any industry. ASO don’t quite have a monopoly but they do have a very strong position. What I would like to see is others in these positions, whether or not they are event organisers; we have Wanda Group involved in China for instance.

As far as I am concerned we can work and develop with them to see cycling develop and become even stronger in future.
and
I think that a budget or salary cap is an interesting idea. I think they work in some sports where there is a closed league system but they are much more difficult to police when you have an open system. There will always be teams that are better funded than others.

What I want to do is spend some time thinking about this. I have been speaking to Yves Leterme - the former Belgian prime minister, who is heading up Uefa’s Financial Fair Play (FFP) unit - about whether there are lessons that we can learn from football in that respect.

After the election I will be working even closer with him discuss the possibility of this. I am open to this and I would be interested to see if a system could be made to work. Men’s professional cycling is still a long way behind sports like football in terms of the budgets of the team and the remunerations levels. So I am not entirely convinced.
and more on Wanda
This is a really exciting development and it is one the most substantial partnerships that the UCI has ever become involved in. Together we will organise the Tour of Guangxi next year. They are committed to building a satellite of our World Cycling Centre in China and they are committed to organising our so-called World Urban Cycling Championships for the next three years, which includes the Olympic discipline of freestyle BMX plus trials and eliminators.

They are committed to investing in Chinese cycling in general. We will be doing a women’s event too this year that will be in the Women’s World Tour next year. They are committed to substantial investment to all forms of cycling in China - they also have number of global subsidiaries - and we are working with them to try to get most out the investment and for our sport.


This is golden irony. The UCI chokes the life out of cycling in order to preserve its (and its federations') monopoly power.
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