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iShares to take over for Phonak?

By:
Gerard Knapp in Aigle, Switzerland
Published:
March 02, 2006, 0:00 GMT,
Updated:
April 20, 2009, 23:04 BST
Edition:
Latest Cycling News for March 2, 2006

Team Phonak's co-sponsor iShares is murmured to take the position of the squad's main sponsor at the...

Team Phonak's co-sponsor iShares is murmured to take the position of the squad's main sponsor at the end of 2006. Spanish outlet Marca reported that the American trade funds from Barclays Global Investors has until the month of June to make the decision whether or not they want to become the main backer of the team directed by John Lelangue.

Phonak Hearing Systems had initially wanted to terminate their sponsorship of the squad at the end of 2005, but decided to continue on for another year to allow the team management to find a new patron.

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