Manuela Fundación in advanced talks to take control of CCC Team

CCC Team leader Greg Van Avermaet is ready for the 2020 season
Greg Van Avermaet (CCC Team) (Image credit: Getty Images)

Following its unsuccessful attempt to buy the Mitchelton-Scott team, Spanish NGO Manuela Fundación is now in advanced talks with CCC Team, with reports that it is ready to invest €10 million a year to secure a major investment in the outfit.

Cyclingnews understands that Manuela Fundación has approached a number of teams in recent weeks, including NTT Pro Cycling, Astana, and Deceuninck-QuickStep, while CCC Team manager Jim Ochowicz is also talking to several potential investors as he tries to save the men's WorldTour team.

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

Cyclingnews is the world's leader in English-language coverage of professional cycling. Started in 1995 by University of Newcastle professor Bill Mitchell, the site was one of the first to provide breaking news and results over the internet in English. The site was purchased by Knapp Communications in 1999, and owner Gerard Knapp built it into the definitive voice of pro cycling. Since then, major publishing house Future PLC has owned the site and expanded it to include top features, news, results, photos and tech reporting. The site continues to be the most comprehensive and authoritative English voice in professional cycling.