Teams & Riders NSN Cycling

[proffate]

. A company that's been in some legal trouble lately if I'm correct.

Funny because isn't Scott also in severe debt after being mismanaged for years by a CEO who has recently been forced out?

 

[proffate]

I didn't expect that reversed N to work, but it did (Firefox on Windows 11 laptop).

If it causes a problem on any other platforms, let me know and I'll put in a normal N.

You mean it's not 1995 any more??

 

[Samamba]

This is going to end disastrously. For Derek Gee he has nowhere to go, it doesn't exist. If a court judgment or sports arbitration was to order him to honor his contractual obligations the contract can't be enforced because the entity he signed with no longer exists. The UCI should have immediately issued an opinion that a professional rider holding a license should be able to pursue employment with teams that do exist, teams who are viable, teams who are registered with the UCI as being open for business.

1. The entity does exist, I have no idea why people on here keep saying it doesnt. CyclingAcademy (aka the team) just got sold to a different owner (or at least some shares of it). A different owner doesn't mean the entity changes.

2. A court can't force Gee to ride for a team (just like no one can force anyone to work for a company), he broke his contract, you can't just "un-break" it yk (ofc you could sign a new one). They can however rule that he has to pay damages to the team if a judge finds his contract termination is unlawful. The team or Gee will probably go to CAS (or some civil court) do determine this if they want to.

3. While the UCI's rules say they can, they probably will not prevent Gee from signing to another team as that is against the freedom of economic activities and some other laws that have a place in EU and Swiss law. People don't seem to remember but there is a precedent in cycling itself, the Van Aert v. Sniper Cycling case. And the UCI let Van Aert sign for Visma even tho there was a case against him for unlawfully breaking his contract. A case he lost like 7 years later btw, and Van Aert or Visma never got any punishment from the UCI.

 

[Unchained]

Funny because isn't Scott also in severe debt after being mismanaged for years by a CEO who has recently been forced out?

View: https://m.youtube.com/watch?v=SesnQ1zv7rA&pp=ygUOU2NvdHQgYmljeWNsZXM%3D


I have ridden multiple Scott bikes, road and mountain types and always enjoyed it. I used a Scott helmet that until it broke into pieces from crashing was excellent.
I have read and seen videos about the association of bicycle sales and dealership outlets that have a direct relationship to the brand being used by WT level teams. I don't know if Scott received the sales equivalent of a shot in the arm from Q36 and specifically Tom Pidcock racing on their brand. I personally saw a replica of Tom's bike at a shop in San Diego and it was absolutely gorgeous and feather feeling light. It also had a tasteful color and graphics scheme that I think is very nice. Because of real life limitations, majority of bikes are made by Merida and Giant, Scott is no different.. I hope that team rebranding includes getting rid of toxic, controversial associations that caused damage.. If team restructuring is not done correctly, completely this could backfire for Scott

 

[CyclistAbi]

You continue to regularly assert this, but have never responded with any evidence to support it when asked to do so

Again, what is the basis of this claim? Teams have changed sponsorship, nationality or ownership in the past with continuity of rights and obligations: why are you apparently so certain that such a thing is definitely not going to be the case here?

What do you know that is not in the public forum and how do you know it?

Explained here:

Page 16 - Teams & Riders - Derek Gee is the new G

Page 16 - Get up to date with the latest news, scores & standings from the Cycling News Community.

forum.cyclingnews.com

 

[Samamba]

Explained here:

Page 16 - Teams & Riders - Derek Gee is the new G

Page 16 - Get up to date with the latest news, scores & standings from the Cycling News Community.

forum.cyclingnews.com

Literally everything you say is just wrong and based on absolutely nothing. Repeating it 10 times doesn't make it right. You act like you have some inside info and know what's in certain contracts but you don't (otherwise you already would've shared it). Mindblowing that you still don't realize that the possibility that something (license or company that holds the license) got sold doesn't necessarily mean that the legal entity or paying agent changed. It didn't.

And you can perfectly discuss this without going political. That has nothing to do with this.

 

[CyclistAbi]

@Samamba

Sure.

 

[Tim Cahill]

Iniesta's first order of business should be to get Steven Williams some of those magic stem cells for his knee from his time at Barca.

 

[AmRacer]

Explained here:

Page 16 - Teams & Riders - Derek Gee is the new G

Page 16 - Get up to date with the latest news, scores & standings from the Cycling News Community.

forum.cyclingnews.com

It's not

 

[Armchair Cyclist]

I should have recognised that.

I sort of agree with the spelling issue. Let's be democratic: like this post to vote for a normal N, dislike it* for the reversed graphic. I'll look at the numbers this time tomorrow.

* eg, with sad face response

N it is

 

[Rob5091]

From the horse's mouth -
https://www.wearensn.com/nsn-and-stoneweg-enter-professional-cycling-to-create-nsn-cycling-team/

NSN Cycling Team is a Swiss team and have Spanish structure that is based in Barcelona and Girona. NSN’s acquisition of the team license is a commitment to strengthening the team’s current managerial and sporting organization, made up of around 170 people, who are guaranteed to compete over the next three years in UCI WorldTour calendar events such as the Tour de France, the Giro d’Italia, and La Vuelta a España.

NSN completed this operation thanks to the support of the Swiss-origin investment platform Stoneweg, founded 10 years ago by Jaume Sabater. With this move, the team becomes the main vehicle for NSN’s venture in the exciting world of cycling, marking a new chapter for both NSN and the team. After several joint projects, NSN and Stoneweg have now formalized their strategic alliance by an agreement through which Stoneweg becomes a shareholder of NSN, with the aim of continuing to support major projects in the world of sport and entertainment.

 

[Rob5091]

NSN were behind the recent Gravel Ground ( https://www.gravelground.cc/about/ in Spanish ) cycling tour of La Palma, but it's a big jump to being a WT team.

Stoneweg have brought into NSN which is why it's a Swiss licensed team (I'm guessing they have a majority stake)

NSN have a majority stake in Guava bikes (https://guavabikes.com/collections/bikes ).

Stoneweg are 50% part of SWI Group (a partnership of Stoneweg and Icona Capital (https://iconacapital.com/ ) but unsure of the financial relationship.

Ferrari racing has links to SWI group - https://scuderiafans.com/charles-le...sseur-join-forces-in-business-with-swi-group/

Scuderia Ferrari Formula 1 driver Charles Leclerc and Team Principal Frederic Vasseur have expanded their partnership beyond the racetrack. Both figures are now part of the leadership structure of SWI Group, a Geneva-based alternative investment platform with interests across real estate, credit and finance, and data center operations.
In recent days, reports from France confirmed that Charles Leclerc has joined the SWI Group, a company born from the March 2025 merger between Icona Capital and Stoneweg. The newly formed entity manages assets exceeding €10 billion and is now turning its attention toward so-called “emotional markets,” aiming to bridge the gap between high finance and sectors such as professional sports, media, and entertainment.

In this context, the announcement made on April 3 and re-emphasized in May—also published as a sponsored article on Adnkronos—regarding the creation of a Sports and Entertainment Committee within SWI Group comes as no surprise. This strategic committee seeks to enhance the group’s positioning in areas that combine audience engagement with new financial models.

 

[Rob5091]

Andorra is not only a place for cyclists it seems ... from 2022 in Spanish but worth a translation ...Jaume Sabater Martos is CEO of Stoneweg -
https://www.eltriangle.eu/es/2022/0...un-gran-destrozo-ecologico-en-la-costa-brava/

The developer company, Stoneweg Living SL, officially belongs to a Swiss real estate group, based in Geneva. But reliable sources consulted by EL TRIANGLE point out that this company has close ties with Andorra and that, since its inception, it has operated with capital from the Principality.

The CEO of this developer, the Swiss Jaume Sabater Martos, has a direct family history in Andorra. He is the son of the former convergent mayor of Portbou, Jaume Sabater Rovira, who later made a fruitful career in the world of finance in Andorra.

 

[staubsauger]

Kinda sounds like Le Groupement. Just a little different kind of money laundering / scam.

 

[Rob5091]

I wondered why only Stoneweg were involved in the take over of IPT, as they're part of the SWI Group, but it seems to all tie in with Catalonian seperatists, and the Tour in Barcelona, Iniesta etc etc. Jerome Sabater Martos has, shall we say, a chequered history ...(from Jan 2024 in Spanish)
https://www.nortes.me/2024/01/24/ja...o-de-los-pujol-senor-del-calatrava-de-oviedo/

 

[Potomac]

The official site doesn't list Gee as a rider.

 

[hayneplane]

I wondered why only Stoneweg were involved in the take over of IPT, as they're part of the SWI Group, but it seems to all tie in with Catalonian seperatists, and the Tour in Barcelona, Iniesta etc etc. Jerome Sabater Martos has, shall we say, a chequered history ...(from Jan 2024 in Spanish)
https://www.nortes.me/2024/01/24/ja...o-de-los-pujol-senor-del-calatrava-de-oviedo/

That link would presumably smooth the path for the team to be in the Vuelta with less resistance as long as all ties with Adams have been comprehensively severed.

 

[Armchair Cyclist]

I wondered why only Stoneweg were involved in the take over of IPT, as they're part of the SWI Group, but it seems to all tie in with Catalonian seperatists, and the Tour in Barcelona, Iniesta etc etc. Jerome Sabater Martos has, shall we say, a chequered history ...(from Jan 2024 in Spanish)
https://www.nortes.me/2024/01/24/ja...o-de-los-pujol-senor-del-calatrava-de-oviedo/

And just when the moderation team were breathing a sigh of relief.

Interesting to have that pointed out: obviously, anybody's opinions on Catalan nationalism are not valid content here though. Let's take the end of the Adams involvement as a nice line in the sand from all that.

Please.

 

[Rob5091]

And just when the moderation team were breathing a sigh of relief.

Interesting to have that pointed out: obviously, anybody's opinions on Catalan nationalism are not valid content here though. Let's take the end of the Adams involvement as a nice line in the sand from all that.

Please.

So one lot of protesters will be (hopefully) absent from the Grand Départ in Barcelona, so that just leaves the Catalans and the "anti-tourism" protesters!

A long summing up of all that was, and what looks like happening ...
https://www.cyclingweekly.com/news/israel-premier-tech-collapse

 

[Rob5091]

The Inner Ring blog fills in a few more details but still a lot left unknown -
https://inrng.com/2025/11/never-say-never-cycling-team/#more-46788

Never Say Never’s website says the legal entity is actually called “INTERNATIONAL COMMERCIALIZATION OF SPORTS RIGHTS SPAIN, S.L” which ought to make things clearer. The company ID number supplied on the site links to a sports travel company, probably a copy-paste error from the website designers rather than an alarm bell as NSN has been around for a bit. Stoneweg is a Swiss real estate business founded by Spaniard Jaume Sabater, it’s not new to the sport as it joined the IPT team as a sponsor in the summer along with Icona Group with which Stoneweg has merged. Part of the deal sees Stoneweg buy into NSN so in a way the funding is by Stoneweg.

 

[Rob5091]

Seems like Stoneweg have been around longer with IPT ...
https://velo.outsideonline.com/road/road-racing/nsn-israel-premier-tech-transition/

...a Geneva-based investment group that has held a minority partnership with IPT since 2023.

Otherwise, complete chaos apparently!

 

[pastronef]

Seems like Stoneweg have been around longer with IPT ...
https://velo.outsideonline.com/road/road-racing/nsn-israel-premier-tech-transition/

Otherwise, complete chaos apparently!

“We can confirm Sylvan Adams is no longer contributing financially, nor an owner of the team. Likewise, he is not an owner nor investor in NSN or Stoneweg,”

 

[Rob5091]

Stoneweg seems to have started out as a rich man's son's exploring new ways to make money (backed by a lot of property for "low income" tenants). From 2021
https://www.campdenfb.com/article/jaume-sabater-real-estate-strategy-and-evolving-family-office

We have also approached the tech angle from a real estate perspective, via a partnership with Glovo. Glovo is backed by Prosus and Delivery Hero and is a competitor of Uber Eats.

(Glovo recently got a hefty fine from the EU for cartel building - https://www.linklaters.com/insights/blogs/linkingcompetition/2025/june/delivery-hero---glovo )
Crypto has also been considered -

In terms of the blockchain technology, we are currently exploring tokenisation opportunities.

The Sabater family is probably enjoying the financial rewards of lots of cyclists moving to Andorra -

Sabater is well versed in family offices in his dual role as the chairman of the investment committee of the family office set up by his financier father, also named Jaume Sabater. The family office is based in Andorra and oversees a portfolio worth more than €1 billion ($1.1 billion), combining financial assets and private investments.

 

[Potomac]

So is the drama over and we can go back to ignoring this team? Maybe ignore is too strong a word, but you know what I mean.

 

[pastronef]

GIRMAY officially confirmed for 3 seasons 2026-27-28. very good