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Financial trouble for Riis his Saxo ...?

Aug 6, 2009
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That Saxo Bank is having financial trouple is old news. They were supposed to be Saxo Bank - IT FActory but IT Factory turned out to be producing nothing but Hot air (Fraud trial is ongoing). They're not going bancrupt though (as far as I know) and both Cancellara and the Schlecks have contracts up untill next year I think so they should be relatively safe. Riis might find another main Sponsor before then.
 
Mar 18, 2009
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Riis has said plenty of times they need to shed salary. Hence Arvesen and others leaving. Also hence them not being able to compete for signings.