Showing posts with label Anders Damgaard. Show all posts
Showing posts with label Anders Damgaard. Show all posts

Friday, June 22, 2012

Is Santander finally stepping into cycling?

Is Santander Bjarne Riis' new sponsor?
For many years there have been rumors of the Spanish bank Santander wanting to try out cycling as main sponsor of a cycling team with a Spanish star on their roster.

On Friday the 22nd of June, CEO of Saxo Bank – current main sponsor of Bjarne Riis’ cycling team with Alberto Contador – Lars Seier Christensen confirmed they will have a press conference on Monday the 25th together with the cycling team.

According to the Danish financial newspaper Børsen, Saxo Bank will give up half of their sponsorship to a foreign bank (meaning not Danish) and step down as main sponsor for the cycling team. Only a few weeks ago Alberto Contador signed a new contract with Bjarne Riis running to the end of 2015 and knowing that Santander has been trying to find the right time to invest in cycling, Alberto Contador sure is one of the best way to do so.

Santander CEO, Alfredo Saenz, was the man behind Miguel Indurain and the Banesto team back in the 90’s when he single-handedly turned Banesto from bankruptcy to success with Miguel Indurain winning five consecutive Tour de France wins.

Asked if Bjarne Riis will reveal Santander as the new sponsor for the his cycling team, press officer Anders Damgaard simply told me “no comments”

UPDATE @ 17:00 - Riis Cycling confirm press conference on Monday at 13:00 CET stating that "Bjarne Riis has important news about the future of the cycling team".

Wednesday, November 2, 2011

Explanation - Why Saxo Bank haven't signed a new star to help Contador

Contador really needs a strong climber - but who?
As everybody who read my interview with Jesus Hernandez knows, Alberto Contador really wants one more strong climber to help him in the mountains next year. Many could argue that Jesus Hernandez himself or team mate Dani Navarro should be that rider, but as shown during the 2011-season, that’s just not the case. And when Richie Porte decided to leave the team together with Gustav Larsson, it seemed clear Bjarne Riis had to get some reinforcements.


So far the newcomers who can help in the uphill sections are the two Portuguese riders, Bruno Pires and Sergio Paulinho. Even though they are both solid climbers, they are nowhere near the level requested by Contador. So how about a rider like Juanjo Cobo who has just won the Vuelta España and right now is without a team for next year after GEOX had pulled the plug on their sponsor deal or the other former GEOX-captain Denis Menchov? Well, the answer is simple: Riis has neither the money nor the desire to do so.

Let me explain:

First of all, it’s a common mistake to think that just because Saxo Bank boss Lars Seier Christensen said the Danish bank is willing to pump more money into the team if they come up with the right name, Bjarne Riis has a blank check waiting for him. “There is a clause in the contract saying that we will release more money for the team if Bjarne finds the right rider”, it was said at the press conference back in July this year.

Therefore, the real question is, what exactly does “the right rider” mean? Does it mean Bjarne Riis can just pick any available rider on the market and then turn to Saxo Bank for extra money? Or does it mean that if Riis manages to find the rider he is looking for Saxo Bank will help out with the salary? I back the latter…

Riis wanted Hushovd to join Contador
Think about it. During this year’s Tour de France, Bjarne Riis made no effort in hiding how interested he was in signing Thor Hushovd for 2012. Normally, the team may not have the necessary means but with Saxo Bank’s additional financial support this may change. Unfortunately for Riis, the BMC team had a lot more capital to operate with and Hushovd therefore chose to sign with them instead.

In fact it seems like Thor Hushovd wasn’t the only one Riis was chasing. At the 2012 Tour presentation he said: “There have been some riders I would have liked to sign, but financial problems and other stuff got in the way”.

It’s understandable that Bjarne Riis doesn’t have the same capital as a team like BMC but if Saxo Bank really was ready to pump more money into the team in order to get another ‘name’ on the roster, how can it be that a rider like Juanjo Cobo (who signed a €800.000 contract with GEOX just before the sponsor left) isn’t an option? Well, remember what I said about desire?... the same applies for Denis Menchov. Rumor has it he requests €1.80 million a year - not exactly desirable taking into account Saxo Bank already pays Alberto Contador around €5,00 million a year.

I talked with Team Saxo Bank’s press officer Anders Damgaard about it but unfortunately he couldn’t elaborate further since “that specific deal between the cycling team and Saxo Bank is confidential”.

Martin remains an opponent for Contador
Still it doesn’t take a genius to see that if Saxo Bank was willing to pay for the right rider, and Bjarne Riis has been chasing specific riders since July, well then the Dane’s mission hasn’t really been very successful, has it?

Tony Martin is another rider Bjarne Riis had hoped to get on the team with the extra bag of money from Saxo Bank but, like Hushovd, Martin decided elsewise.

So to answer the headline’s question, ‘why hasn’t Saxo Bank signed a new star to help Contador’. There are three reasons:

1. The extra money from Saxo Bank isn't just for 'any rider'.
2. Bjarne Riis hasn’t managed to close the deal with the riders he wanted to use the extra money for.
3. No ‘desirable’ riders are left on the market.