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

(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. 

Thank you for reading 5 articles in the past 30 days*

Join now for unlimited access

Enjoy your first month for just £1 / $1 / €1

*Read any 5 articles for free in each 30-day period, this automatically resets

After your trial you will be billed £4.99 $7.99 €5.99 per month, cancel anytime. Or sign up for one year for just £49 $79 €59

Join now for unlimited access

Try your first month for just £1 / $1 / €1

Daniel Benson