CCC Team facing loss of main sponsor as Polish company restructures

NINOVE BELGIUM FEBRUARY 29 Greg Van Avermaet of Belgium and CCC Team Rain during the 75th Omloop Het Nieuwsblad 2020 Men Race a 200km race from Ghent to Ninove OmloopHNB OHN20 on February 29 2020 in Ninove Belgium Photo by Tim de WaeleGetty Images
Greg Van Avermaet and his teammates during Omloop Het Nieuwsblad (Image credit: Getty Images)

The WorldTour CCC Team is facing the loss of its main title sponsor after the Polish shoe company announced a PLN 340 million (€75 million) loss in the first quarter of 2020 compared with 2019.

According to, the CCC Group made an agreement with several banks to secure financing for the next 12 months. In order to restructure its second quarter expenses, it may be forced to cease all sports sponsorship, according to the report.

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