Sports
October 26, 2023, 6:15 p.m 1 minute
Reuters Reported exclusively On Wednesday evening, major European cycling teams were exploring plans to create a new competitive league in a move that could reshape the sporting landscape and allocate more funding to participants. It was Reuters The first to reveal The potential change for the sport, some of the interested parties and a potential investor backing the initiative, private equity firm CVC.
Market impact
Two of the people, who spoke on the condition of anonymity because the discussions were private, said outside investors could help finance the project. One person said the project could combine new and existing races.
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Topics of interest: Sports
He writes: Reuters is better
Sectors: Sports
Regions: Europe
Types of winning: Uniquenessspeed
Story types: Exclusively / Scoop
Media types: text
Customer influence: An important national story
