Bjarne Riis’ big bet with cycling activities through the Virtu Cycling closes down, confirms co-owner.
Rigmanden Lars Seier Christensen announces on Facebook that the company Virtu Cycling, which he has, together with Bjarne Riis and Jan Bech Andersen, have begun a shutdown.
Only the commitment in the cycling team NTT to be taken further.
virtually all of the activities in the form of cykelrejser, corporate progress, events, and networks are on the way to cancellation in the coming months, and there is no prospect of improvement relatively far out in the future, he writes on Facebook.
– As the company in advance through a longer period of time has not delivered satisfactory results, we do not think it makes sense for either the employees or the owners to fight against the deteriorating circumstances of the case – it is better for everyone to move on.
Virtu Cycling also owns about a third of the south african World Tour-team NTT, where Bjarne Riis’s top sporting responsible. Only the activities of the cycling team operated on.
There was otherwise visions in copious amounts, since Riis in 2016 launched the project together with the former Saxo Bank owner Lars Seier Christensen.
A Danish men’s championship on kontinentalniveau, which later was to have a superstructure with a World Tour team, as well as a damehold on the World Tour. It was the sporting part of it.
in Addition, should the company earn the money for the operation of the teams through activities such as cykelrejser, network, etc. Later came also Mcdonalds owner Jan Bech Andersen into the ownership group.
But both rode closed with the end of 2019, while Riis and co. bought into on the NNT team. And now, get the rest of the Virtu-the company then the death knell.
– Virtu Cycling has therefore immediately initiated a shutdown and liquidation of the group’s total activities. Today’s date is the majority of the 21 employees in Virtu Cycling has been terminated, writes Lars Seier Christensen.
And all the activities will in future be closed down and liquidated in a manner so that existing commitments are respected.
/ritzau/
