Saxo Bank confirms UCI license approved

Team Saxo Bank and owner Riis Cycling have received confirmation from the International Cycling Union that all the required documents for its 2010 UCI license application are in order.

The team was not on the list sent out by the UCI on Thursday of teams which had satisfied all the requirements by the October 20 notification date, leading to speculation that riders may have been free to seek other contracts.

However, that was not the case, the team announced.