Saxo License Hearing Monday

[roundabout]

They surely must be loaded to be able to afford Valverde and have a good team in 2010-2011 that absolutely didn't embarrass themselves.

Or sign a GT winner when the team big name returned from the ban.

No way could the poor little club team run by Riis compete with such a juggernaut.

 

[LaFlorecita]

Uh, wasn't there news about Saxo willing to pay extra money for a top-level rider (riders)?
Must have been why Paulinho decided to sign with Riis instead of all the other teams queuing after his signature.

For the right rider, what probably means someone Saxon like Tony, Thor or Eddy.

 

[Nilsson]

Come on. Contador didnt sign for Saxobank after Cancellara left the team. Cancellara left the team after Contador was signed. With those facts in mind, anyone can figure out that Riis had the budget to have both Contador and Cancellara within his team. Therefore, the money saved from Cancellara is not, will not, and has never been planned to pay Contadors salary, or any of his domestiques salary for that matter.

You don't know that, and have to keep in mind that Cancellara didn't have a multimillion dollar contract. Also, it's not uncommon for sponsors to step in (extra) for contract-bonusses (if needed) if a rider wins a major race. Maybe the Cancellara-money (around 900.000 euro) was used to pay off Contadors Giro bonus, fill other budgetary holes or 'debts' in relation to that, so that sponsors or Riis himself didn't have to put extra money in...

 

[Nilsson]

Tony Martin went to Omega-Pharma Quickstep. Cobo went to Moviestar and Menchov to Katusha. All in all they went to teams that hasnt turned the salarys up side down.

Tony Martin was an option (as was Froome, who you missed) but got a better offers at Omega Pharma-Quickstep and Sky (the latter most of all the length of the deal, which could not be offered by Riis)

Menchov is way to expensive, costing around 1.8 million a year. Cobo apparently not interesting enough for Riis to have in the team, for whatever reason, or Saxo to pay extra money. Something Movistar did and had to do, after Uzue asked, to be able to signing him...

 

[biopass]

You don't know that, and have to keep in mind that Cancellara didn't have a multimillion dollar contract. Also, it's not uncommon for sponsors to step in (extra) for contract-bonusses (if needed) if a rider wins a major race. Maybe the Cancellara-money (around 900.000 euro) was used to pay off Contadors Giro bonus, fill other budgetary holes or 'debts' in relation to that, so that sponsors or Riis himself didn't have to put extra money in...

If thats how Riis operates, then surely his not worth the WT status.

 

[DominicDecoco]

If thats how Riis operates, then surely his not worth the WT status.

 

[biopass]

My initial feeling after reading that Riis apparently dont have a bank guarantee after signing Contador.

 

[Nilsson]

My initial feeling after reading that Riis apparently dont have a bank guarantee after signing Contador.

That's not how guarantees work. Riis doesn't have to have the money to pay every cent he might have to pay, he only needs the guarantee (from sponsors, etc.) that they will pay, if needed. Contador, for instance, probably has a contract which at least contains some variable part. If Contador wins the Tour, he will make more money. Money that, most of the time, isn't in the standard budget, isn't calculated in the UCI deposit, but is guaranteed otherwise. In the case of Contador, since it was the sponsor(s) who really wanted him, it's probably the sponsor(s). But I remember that in former years Riis himself also had to put in some of his own money in the team. The same thing with Slipstream, who had to ask Ellis to fill the financial gaps (more than once)...

In short, a guarantee is not about having the money. It's about someone (a sponsor or financial backer like Ellis, Rihs, Becca) guaranteeing the money (if necessary)...

 

[Cimber]

No way could the poor little club team run by Riis compete with such a juggernaut.

He could if he didnt have Contador on the payroll

 

[biopass]

In short, a guarantee is not about having the money. It's about someone (a sponsor or financial backer like Ellis, Rihs, Becca) guaranteeing the money (if necessary)...

I agree. But your description was different. Your suggestion was that Riis had used Cancellaras salary to pay Contadors bonuses. Which ultimately means he had no financial backer when he made the deal with Contador.

Either he had the budget, or had a financial backer, to have both Contador and Cancellara in the team, being able to pay all their bonuses in case everything went according to plan (talk of triple crown and so on). Or else, as your suggestion, he didnt have the budget, or the financial backer, to have Contador and Cancellara in the team. Apparently no one had guaranteed Riis extra money in case Contador won a grand tour, since Riis had to use Cancellaras budget to pay off the bonuses.

 

[Nilsson]

I agree. But your description was different. Your suggestion was that Riis had used Cancellaras salary to pay Contadors bonuses. Which ultimately means he had no financial backer when he made the deal with Contador.

Either he had the budget, or had a financial backer, to have both Contador and Cancellara in the team, being able to pay all their bonuses in case everything went according to plan (talk of triple crown and so on). Or else, as your suggestion, he didnt have the budget, or the financial backer, to have Contador and Cancellara in the team. Apparently no one had guaranteed Riis extra money in case Contador won a grand tour, since Riis had to use Cancellaras budget to pay off the bonuses.

No, not necessarily. If Riis had extra money in the team (because of the Cancellara left-over) I can at least imagine that the sponsors did not (have to) pay extra. If the money is actually there, you don't have to pull the (extra) guarantee.

It's probably also the reason that, for this year, the sponsor was willing to pay extra money, if the right rider could be signed - because, on paper, there was a leftover again, because of the guarantee...

 

[Zam_Olyas]

Alberto Contador ‏ @albertocontador Reply Retweet Favorite · Open
Ufff...today a very,very hard and fast training,what a leg pain!But a day for remembering,I got a new record on the climb I do my tests.

 

[LaFlorecita]

Alberto Contador ‏ @albertocontador Reply Retweet Favorite · Open
Ufff...today a very,very hard and fast training,what a leg pain!But a day for remembering,I got a new record on the climb I do my tests.

Lol why are you posting that here?

Maybe we should start an Alberto comeback-thread...

 

[Angliru]

Lol why are you posting that here?

Maybe we should start an Alberto comeback-thread...

Good idea!

 

[biopass]

No, not necessarily. If Riis had extra money in the team (because of the Cancellara left-over) I can at least imagine that the sponsors did not (have to) pay extra. If the money is actually there, you don't have to pull the (extra) guarantee.

It's probably also the reason that, for this year, the sponsor was willing to pay extra money, if the right rider could be signed - because, on paper, there was a leftover again, because of the guarantee...

So what is it gonna be?

Willing to pay is not the same as an actual guarantee.

 

[uphillstruggle]

keep in mind that Cancellara didn't have a multimillion dollar contract.

I thought he was on something near to 3 million euros. Basically Saxo banks highest paid rider by some way.

 

[DominicDecoco]

Its doesnt matter when they got Kroon. The fact they only got Kroon suggest they're not that attractive. Despite the reputation and their budget.

You forget that UCI made Contador keep his positive test a secret for a whole month in the transfer period. That's a long time mind you... Not even his family knew about it - which means that Bjarne didn't either.

 

[biopass]

You forget that UCI made Contador keep his positive test a secret for a whole month in the transfer period. That's a long time mind you... Not even his family knew about it - which means that Bjarne didn't either.

Lol. You make it sound like Contador was forced by the UCI to keep his failed drug test secret.

 

[LaFlorecita]

Lol. You make it sound like Contador was forced by the UCI to keep his failed drug test secret.

He more or less was....

 

[Red Rick]

Alberto Contador ‏ @albertocontador Reply Retweet Favorite · Open
Ufff...today a very,very hard and fast training,what a leg pain!But a day for remembering,I got a new record on the climb I do my tests.

Seems the Mayan calendar screwed up and guessed a date which is four moths to late. Does anyone know which climb AC was reffering to?

 

[Cimber]

Its doesnt matter when they got Kroon. The fact they only got Kroon suggest they're not that attractive. Despite the reputation and their budget.

Their budget isnt really that impressive (compared to Sky, Garmin, Radioshack, Katusha), and Contador takes up the bulk of it.

 

[Nilsson]

So what is it gonna be?

Willing to pay is not the same as an actual guarantee.

If you gave a guarantee for year X, but the guarantee isn't used, you could imagine that you would be willing to pay the money anyhow the next year, don't you?

 

[Nilsson]

I thought he was on something near to 3 million euros. Basically Saxo banks highest paid rider by some way.

No, around 900.000 euro, I believe. It's probably also the main reason he left Saxo - because Contador was going to earn multiple times that amount...

 

[LaFlorecita]

Seems the Mayan calendar screwed up and guessed a date which is four moths to late. Does anyone know which climb AC was reffering to?

One near Madrid but it's not long around 2k.

 

[Red Rick]

He's secretly training to own the classics and the worlds too