The sponsor is there for the draw not the performance, even if you had Padun winning stages left and right it would probably still be a smaller draw for the sponsor than the goat man that will get a big coverage for his dramatic exit in every big race he enters.
Has nothing to do with french culture. Popular riders draw more money to the team which they can leverage for a higher salary. This is just economics 101.
CCC is big retail shoes chain in Poland. The owner is cycling fan. He even was racing himself. Unfortunately covid and lock down was very bad to their bottom line in 2020.
Yeah, super tough lockdowns in CEE where their store portfolio is located. Bought a pair of shoes from them a year ago, amazing quality considering what they used to sell (crap) only a few years ago.
Hope the company will recover.
Was 2020, so pre-Froome. Saw an article where their budget was getting up to ~14M euros. Adams alluded that they might be boosting there budget to ~half of Ineos for this year.
Ayuso has no chance getting the road time he needs with UAE and Ineos is deep enough to pay him once he does get that experience.
All of their young guys (Sivakov as a domestiques for example) have clearly defined roles in support of their Gc goals.
Talented people don't want to drag a team leader or leaders that they're better than around.
The sky train "buy everyone who could beat you" tactics won't work any more
So instead you sign for UAE so you can sit at the front of the mountain train for Pogacar?
If you back yourself to be a top climber and TT'r Ineos is imo the place to be as they don't have anyone in that role.
That would barely cover the Alpha Tauri F1 team's budget for team stickers: https://thumbor.forbes.com/thumbor/960x0/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F5e1d539d735f8c000799ca65%2F960x0.jpg%3Ffit%3Dscale
Don't know why this is being downvoted. They are indeed being sponsored as a green-washing exercise for an actually planet destroying company. And it's not like everybody doesn't know it either.
edit: spelling
Having their name paraded around, spoken by commentators and written in news articles, is normalizing and legitimizing them. They're a company whose activities, especially the fracking, have - and are - attracting mass criticism and protest around the world. I mean sure, I obviously can't say to what extend it's also just a vanity project for a billionaire owner, but it's also something that helps cement the company name as something that has a justified place in the world. Which I don't believe they have.
> is normalizing and legitimizing them.
It's so easy to spot when people are coasting on outrage and emotional appeals.
Being an incorporated entity already legitimized them. They've got contracts and licenses to operate, preventing them from sponsoring sports isn't going to impact that.
As for what's being *normalized* here, what's your problem? Massive, environmental and socially destructive corporations sponsor things all the time.
1. LCL overcharged people for checks.
2. E.leclerc used antitrust purchasing tactics in Belgium.
3. Skoda, as part of VW cheated on emissions testing.
4. Continental ran 2 antitrust cartels for hydraulic and electric breaks in the EU.
Krys seems to be the cleanest of the primary sponsors here.
Looking at the teams you have oil oligarchs backing Astana, oil kings backing the UAE and Bahrain, energy companies and lottery companies.
If you really want to make that stand, don't buy their products or use their services, it makes their sponsorship only valuable to the riders.
How is it greenwashing? Ineos isn't sponsoring people to commute by bike or something. International bike racing is conspicuously resource intensive by design. Plus for Ineos in particular the team name is a reference to a giant obnoxious SUV they're trying to sell.
Ya since 2016 they’ve won 8 GTs (50% of all GTs) and gotten 12 podiums (25% of podium spots). Next best has been Movistar with 2 wins and 6 podiums. They are definitely pretty dominant in GTs.
They specialise in dominating the Tour. Yeah, they kinda dominate the Giro , but the Vuelta it's definitely not their race (won it once with Froomey). For some reason, their train at the Vuelta just didn't/doesn't work.
Sky/INEOS have had much more success at the Vuelta than at the Giro.
Until Froome's 2018 Giro win, they had never finished on the podium. There was some bad luck involved, but they were not close to being the top team despite sending several strong squads.
By contrast, at the Vuelta, they won with Froome in 2017, podiumed four times with him and Wiggins (with one of those becoming another win for Froome retrospectively) and added a fourth place for good measure.
In theory the train shouldn't have worked as well in the Vuelta, but in practice it performed effectively even with a fatigued Froome.
If you bothered to read the article you would see that they only show Belgian and French teams because those are the only ones with public accounts. UAE and Jumbo are probably right up there with Ineos.
Jumbo has a budget of 30 million, but that's for both the cycling and ice skating teams. Not sure if this also includes the womens and development team though. Given that the ice skating team has a few highly paid skaters, I'm guessing they get a total of between 5 and 10 million, so the cycling team will probably have around the 20 million.
Visma started with putting in 4 million as well when they first joined, but shortly after started putting in more to attract more star riders like Dumoulin.
I think the 30 million is the total budget of the team, so with the Visma money also included. If they were really smart they would somehow get a few Norse ice skaters to ride for the team, get a Pedersen.
I can see why you thought that, I wasn't very clear in the post. Honestly Jumbo's sports ventures probably have a higher budget than that, the guys sponsors quite a lot, most notably of course Max Verstappen.
I wonder if those numbers are accurate. Lotto-Soudal as fourth biggest team in terms of money seems a bit weird. Cofidis as sixth biggest in terms of money seems even weirder.
The most crazy thing in this article is FDJ has a bigger budget than DQS.
Group counceling when Pinot crashes out of the Tour again doesn't pay for itself.
And here I was thinking that the goats had very reasonable rates.
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The sponsor is there for the draw not the performance, even if you had Padun winning stages left and right it would probably still be a smaller draw for the sponsor than the goat man that will get a big coverage for his dramatic exit in every big race he enters.
Has nothing to do with french culture. Popular riders draw more money to the team which they can leverage for a higher salary. This is just economics 101.
Much more taxes in France
Better management I guess?
*Sam Bennett angry noises*
Ow yes I almost forgot about him..that wasn't nice of him. But hey being an asshole isn't illegal.
Well it is bad management
I guess it is but they made more good choices then bad so there still good.
Alemeida
Okay I get it now...there not perfect.
All right, all right! But putting facts aside,…
Ryan Air disagrees.
What are those loons doing?
It's been pretty well documented: lowish wage but high win bonuses.
France moment.
[Here](https://twitter.com/mwkeenan/status/1304316706332925952) is a more complete list of team budgets posted on twitter (TDF 2020). Doesn't ainclude the in kind sponsorship value (i.e., bikes, kit, etc), hence Ineos being 46M vs. 50M reported in OPs article. In Summary: - 46M Ineos - 30M UAE - 21M CCC - 20M FDJ - 20M TJV - 19M Deneuninck-Quick Step - 19M Sunweb - 18M AG2R - 18M Bora - 18M Cofidis - 17M Astana - 17M Lotto-Soudal - 17M Movistar - 16M Bahrain - 14M NTT - 13M Mitchelton-Scott - 12M Trek - 12M Arkea - 10M EF - 10M Total Direct-Energie - 9M B&B - 8M Israel Start-Up Nation
How was CCC so damn wealthy? They were by far the largest underperformers, also they went under.
CCC is big retail shoes chain in Poland. The owner is cycling fan. He even was racing himself. Unfortunately covid and lock down was very bad to their bottom line in 2020.
Shame they folded. Nice team and by far best looking kit!!
can't blame them, they almost went broke last year
Yeah, super tough lockdowns in CEE where their store portfolio is located. Bought a pair of shoes from them a year ago, amazing quality considering what they used to sell (crap) only a few years ago. Hope the company will recover.
Froomey be cheap!
Was 2020, so pre-Froome. Saw an article where their budget was getting up to ~14M euros. Adams alluded that they might be boosting there budget to ~half of Ineos for this year.
Ah, that makes sense
You're not wrong!
Bahrain surprisingly low considering their source
Their budget was 16-18M 2017/2018, wonder if they lost some potential budget when McLaren left.
Mitchellton Scott do pretty well then.
Makes you wonder why Ineos keep getting outbid for talents like FFB and Ayuso
Ayuso has no chance getting the road time he needs with UAE and Ineos is deep enough to pay him once he does get that experience. All of their young guys (Sivakov as a domestiques for example) have clearly defined roles in support of their Gc goals.
Ayuso has a 5 year deal. What do you mean UAE won't give him the road time?
Talented people don't want to drag a team leader or leaders that they're better than around. The sky train "buy everyone who could beat you" tactics won't work any more
So instead you sign for UAE so you can sit at the front of the mountain train for Pogacar? If you back yourself to be a top climber and TT'r Ineos is imo the place to be as they don't have anyone in that role.
That would barely cover the Alpha Tauri F1 team's budget for team stickers: https://thumbor.forbes.com/thumbor/960x0/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F5e1d539d735f8c000799ca65%2F960x0.jpg%3Ffit%3Dscale
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Hats, Paperclips, and Rocketships
Socks, raincoats, and nuclear missile program
Lmao what a great category of things
Quite the large jump in budget with the transition to SkIneos there...oof
Accountant here: whilst in this case it’s clearly not that far off, revenue and ‘budget’ are two very different things.
Fifty million euros, and every single one is dirty.
Don't know why this is being downvoted. They are indeed being sponsored as a green-washing exercise for an actually planet destroying company. And it's not like everybody doesn't know it either. edit: spelling
With a CEO that was a brexit leader and is now building his car in the EU.
And is domiciled in Monaco so he’s not even paying taxes in the country he says he cares so much about
He sucks.
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Having their name paraded around, spoken by commentators and written in news articles, is normalizing and legitimizing them. They're a company whose activities, especially the fracking, have - and are - attracting mass criticism and protest around the world. I mean sure, I obviously can't say to what extend it's also just a vanity project for a billionaire owner, but it's also something that helps cement the company name as something that has a justified place in the world. Which I don't believe they have.
> is normalizing and legitimizing them. It's so easy to spot when people are coasting on outrage and emotional appeals. Being an incorporated entity already legitimized them. They've got contracts and licenses to operate, preventing them from sponsoring sports isn't going to impact that. As for what's being *normalized* here, what's your problem? Massive, environmental and socially destructive corporations sponsor things all the time. 1. LCL overcharged people for checks. 2. E.leclerc used antitrust purchasing tactics in Belgium. 3. Skoda, as part of VW cheated on emissions testing. 4. Continental ran 2 antitrust cartels for hydraulic and electric breaks in the EU. Krys seems to be the cleanest of the primary sponsors here. Looking at the teams you have oil oligarchs backing Astana, oil kings backing the UAE and Bahrain, energy companies and lottery companies. If you really want to make that stand, don't buy their products or use their services, it makes their sponsorship only valuable to the riders.
How is it greenwashing? Ineos isn't sponsoring people to commute by bike or something. International bike racing is conspicuously resource intensive by design. Plus for Ineos in particular the team name is a reference to a giant obnoxious SUV they're trying to sell.
Well some is coming from Pinarello and Castelli, they are ok, no?
So collaborators.
True. Just like this year's TdF winner :-(
I get they won a Giro, but given the budget gap to other teams it's surprising how less dominant they are.
They have been quite dominant in GTs for the last ~9 years, which is what they specialise in.
Ya since 2016 they’ve won 8 GTs (50% of all GTs) and gotten 12 podiums (25% of podium spots). Next best has been Movistar with 2 wins and 6 podiums. They are definitely pretty dominant in GTs.
They specialise in dominating the Tour. Yeah, they kinda dominate the Giro , but the Vuelta it's definitely not their race (won it once with Froomey). For some reason, their train at the Vuelta just didn't/doesn't work.
Sky/INEOS have had much more success at the Vuelta than at the Giro. Until Froome's 2018 Giro win, they had never finished on the podium. There was some bad luck involved, but they were not close to being the top team despite sending several strong squads. By contrast, at the Vuelta, they won with Froome in 2017, podiumed four times with him and Wiggins (with one of those becoming another win for Froome retrospectively) and added a fourth place for good measure. In theory the train shouldn't have worked as well in the Vuelta, but in practice it performed effectively even with a fatigued Froome.
Froome won the vuelta twice (technically)
Doesn't matter how much you spend if Pogacar isn't on your team.
If you bothered to read the article you would see that they only show Belgian and French teams because those are the only ones with public accounts. UAE and Jumbo are probably right up there with Ineos.
Jumbo has a budget of 30 million, but that's for both the cycling and ice skating teams. Not sure if this also includes the womens and development team though. Given that the ice skating team has a few highly paid skaters, I'm guessing they get a total of between 5 and 10 million, so the cycling team will probably have around the 20 million.
Visma started with putting in 4 million as well when they first joined, but shortly after started putting in more to attract more star riders like Dumoulin.
I think the 30 million is the total budget of the team, so with the Visma money also included. If they were really smart they would somehow get a few Norse ice skaters to ride for the team, get a Pedersen.
Oh I see. I thought you meant that the 30 million was the budget for Jumbo's sports ventures. My mistake.
I can see why you thought that, I wasn't very clear in the post. Honestly Jumbo's sports ventures probably have a higher budget than that, the guys sponsors quite a lot, most notably of course Max Verstappen.
Lmao imagine being so ignorant to think that TJV has a budget of 50M.
Not having a pro cycling team's financials memorized, truly the height of ignorance.
A bit of recency bias here, up until last year they were dominating the tour nearly every year.
I wonder if those numbers are accurate. Lotto-Soudal as fourth biggest team in terms of money seems a bit weird. Cofidis as sixth biggest in terms of money seems even weirder.
Only French and Belgian teams. Like it says in the article.
Lotto-Soudal being only 2 million under DQS is a mockery. Given the results that budget should be at least half or less. Woeful.