In recent days, alarm bells went off in international cycling due to a proposal that would be floating around. He Saudi Arabia Public Investment Fund (PIF) I would be interested in making a Cycling 'Super League'.
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According to press reports, the investment firm SRJ Sports Investments, which is part of the PIF, would support the creation of a Cycling 'Super League', a proposal that could change the WorldTour.
Colombia in the Tour de l'Avenir.
Fedeciclismo Press
The idea of the firm is to create new careers and merge them with existing ones. The PIF would be willing to inject close to 250 million euros to carry out this project that has also been touched upon, with different conditions, in European football.
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The objective of the cycling 'Super League' is to have an economically sustainable business model, as the team explained Visma – Lease a Bike to the agency Reuters.
“This idea is being explored, just as many more ideas are being explored to come up with a sustainable business model for cycling in the future,” he said.
Primoz Roglic (left), Sepp Kuss (center) and Jonas Vingegaard.
Besides of Visma, the Ineos Grenadires, of the Colombians Egan Bernal and Brandon Rivera, It would also be part of the project that could change cycling internationally. The International Cycling Union (UCI) He has not yet officially commented on the issue.
Other PIF investments
It is not the first time that the Saudi Arabia Public Investment Fund He is interested in sports. A few years ago he purchased the Newcastle UnitedEdit of the Premier League.
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In his country's league he has invested billions of euros to bring in several international football stars such as Cristiano Ronaldo, Karim Benzema and Neymar.
Primoz Roglic, champion of the 2020 Vuelta a España, celebrates with his Jumbo Visma team.
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