Riis Cycling Announces 2011 Team SunGard-Saxo Bank - Saxo Bank to Continue Cooperation and Sponsorship with Riis Cycling
Bjarne Riis secures major budget for strong continuation of successful team after Andy Schleck and Frank Schleck leave the team. Saxo Bank to Continue Cooperation with Riis Cycling - 2011 Team Named Team SunGard - Saxo Bank.
are rumored to be jumping ship and having already signed or being about to sign with teams such as Team Quick Step and the new Luxembourg-based Team Leopard True Racing headed by former Riis Cycling and Team Sky PR-manager Brian Nygaard and former Team Saxo Bank sports director Kim Andersen. These riders allegedly include German powerhouse Jens Voigt, Jacob Fuglsang and Matti Breschel. Bjarne Riis has been unable to extend contracts with these riders in time because of lack of secured funding for the 2011 season as only one title sponsor had signed with Riis Cycling until today.
About the team sponsors:
SunGard provides software and processing solutions for financial services, higher education and the public sector.
Saxo Bank is an online trading and investment company enabling clients to trade Forex, CFDs, Stocks, Equities, Futures, Options and other derivatives, as well as offering portfolio management.