Legal battle possible for Mitchelton-Scott as Manuela Fundación insists deal is binding

Mitchelton-Scott
(Image credit: Bettini Photo)

Confusion still surrounds the ever-evolving takeover story between Manuela Fundación and Mitchelton-Scott after Stefano Garzelli, who was responsible for conducting negotiations on behalf of the former, told the Italian news outlet Cicloweb that "the company's transfer agreement is signed, it is valid, and we go on."

Mitchelton-Scott have remained silent since declaring that they and owner Gerry Ryan had terminated talks over sponsorship, and Cyclingnews understands that an official contract was never signed. 

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Daniel Benson