Radio Shack riders not getting paid...? (financial troubles)

Personally I believe that Leopard is telling the truth. Both Leopard
and Radioshack are big sponsors so they have the resources to back the
team. The other factor is that RS is a big team. Hopefully things work
out. The good this is that UCI has a payment plan in place.


"Holding company says account mix-up is to blame

It's been revealed that Jakob Fuglsang has sued the owners of the
RadioShack-Nissan team, Luxembourg holding company Leopard SA, for
unpaid wages.

The German media yesterday reported that Fabian Cancellara and Fränk
and Andy Schleck have not been receiving regular paychecks, and that
one of the riders has sued Leopard SA. Now, Danish website
ekstrabladet.dk reports that Fuglsang is the man in question.

"It is true that a Danish rider on the team has asked for the money
paid by the wage agreement should have been transferred to a company
he owns," said Carlo Rock, spokesman for Leopard SA.

Fuglsang is the only Danish rider on the RadioShack-Nissan team.

Rock then goes on to explain that an account mix-up is the reason for
the outstanding wages, with Fuglsang changing the name of his private
company the funds need to be made out to.

"We have asked him to send us proof that this new company is a serious
business, because we do not wish to contribute to poor handling of
large sums," said Rock.

"To date we have not received this documentation, and therefore we
have not paid the money."

Rock confirmed that the team has been under scrutiny by the UCI with
budgets and accounts checked.

"We have not been found to be at fault."

Fuglsang was left off the RadioShack-Nissan team for the Tour de
France and he then followed the snub by threatening to leave the
outfit. He has also been informed that he will not be starting the
Vuelta a Espana. Fuglsang hit back by winning the Tour of Austria."

(http://www.cyclingnews.com/news/repo...eopard-sa-for-
non-payment )

(http://www.cyclingnews.com/news/vide...to-comment-on-
radioshacks-unpaid-wages )

Relax - the riders are all getting batteries from the Battery of the
Month club. They can trade the D cells to Liz Hatch for cash. She
needs as many D-cells as she can get.

On Jul 16, 3:32*pm, Anton Berlin wrote:
Relax - the riders are all getting batteries from the Battery of the
Month club. * They can trade theDcellsto Liz Hatch for cash. *She
needs as manyD-cellsas she can get.

Still stocking the Lizard?