Cycling federation cuts cost to cope with lost income

2020-04-09 15:52
David Lappartient
David Lappartient (AFP)

Faced with what president called "an unprecedented crisis" because of the coronavirus pandemic, the International Cycling Union on Thursday announced cost-cutting plans which include furloughing employees.

"Our international federation is going through a crisis without precedent since the Second World War," said Lappartient in a statement announcing the cuts.

The UCI, which is based in Switzerland, calculates that 30% of its cycling calendar has already been wiped out.

The cuts include full or partial furlough - at different percentages - for all 130 employees, cuts in pay for senior management, revising all projects and "resizing" grants to national cycling federations.

"The postponement of the Tokyo 2020 Olympic and Paralympic Games, the multiplication of postponements and cancellations of events on the UCI International Calendar, and the uncertainty that weighs on the second part of the season are having a large impact," said Lappartient.

"The UCI has taken some drastic action that should enable it to weather the storm," he said.

The UCI said it had received more than 650 requests for postponements or cancellations of events over a period extending to the month of August.

The Giro d'Italia and spring classics have been cancelled and the Tour de France is in doubt. The world championships in both mountain bike and BMX have also been called off.

For the moment, the road World Championships scheduled in Switzerland at the end of September seem to be safe.


Read News24’s Comments Policy

Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter


The 2019/20 Absa Premiership season is in full swing. Will Mamelodi Sundowns retain their title? Or can one of Kaizer Chiefs, Orlando Pirates, Wits, SuperSport United - or another team perhaps - snatch glory from the Brazilians? Be sure to visit Sport24 for all the latest news!

Latest blogs

Besides the 'Big 3' of rugby, cricket and soccer, which of the 'smaller' sports in South Africa do you enjoy the most?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

There are new stories on the homepage. Click here to see them.