Fernando Alonso and Euskaltel are on the verge of breaking

[zoid]

http://www.velonation.com/News/ID/15519/Report-Formula-One-driver-Alonsos-taking-over-of-the-Euskaltel-Euskadi-team-could-be-at-an-end.aspx

here's the article on the deal that could not happen.

[zoid]

Do they not realise that's pretty much their only option, except for folding up completely?

[rice rocket]

Alonso's been giving too many free rides recently, can't afford to carry anyone else.


http://i.dailymail.co.uk/i/pix/2013/09/22/article-0-182B7FD800000578-609_634x397.jpg

[weiwentg]

Dead.

http://www.cyclingnews.com/news/euskaltel-confirms-agreement-with-alonso-to-save-team-has-failed

RIP, Euskaltel.

[jpw]

i never realized 'Euskaltel' was a telecoms company - the 'tel' bit didn't register in my mind. now i know.

[Shortsocks]

Dead.

http://www.cyclingnews.com/news/euskaltel-confirms-agreement-with-alonso-to-save-team-has-failed

RIP, Euskaltel.

Damn. I read that on velonews. Super sad. RIP.
Going to miss the orange, the basque fans were the best.

[yoshirider]

According to AS.com, the Movistar company has been trying to hamper the transfer of the team to Alonso. It has not elaborated on what has been done to cause the problems, but has said that the reason is that the existence of another team in Spain would boost the price of riders and that some sponsors might prefer to be associated with Alonso.

Read more: http://www.velonation.com/News/ID/15519/Report-Formula-One-driver-Alonsos-taking-over-of-the-Euskaltel-Euskadi-team-could-be-at-an-end.aspx#ixzz2fjfkaEey

errr?

[InspectorGadget]

Come on Fred, save the Euskaltel team.

[Walter]

From the articles that I have read it sounds as though it fell apart over Alonso not wanting to be bound to inherit the entire staff and their contracts.

It appears to be cutting off one's nose to spite one's face if this is true.

Without his deal going through, the entire staff and all of the riders and senior people he wanted to keep will be on the street.

Another team lost and Alonso cannot even form a new team by 2014 due to the filing deadlines.

[firerescuefin]

From the articles that I have read it sounds as though it fell apart over Alonso not wanting to be bound to inherit the entire staff and their contracts.

It appears to be cutting off one's nose to spite one's face if this is true.

Without his deal going through, the entire staff and all of the riders and senior people he wanted to keep will be on the street.

Another team lost and Alonso cannot even form a new team by 2014 due to the filing deadlines.

Sounds like the Union Leaders in Detroit took up negotiations for Euskatel......sickening.