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Paris-Nice may be cancelled(4 posts)

Paris-Nice may be cancelledMel Erickson
Jan 28, 2002 7:28 AM
See the news story here.

http://sports.yahoo.com/m/sc/news/reuters/20020126/reu-nice.html

Curious if anyone knows more particulars about how they got in such dire financial condition.
you're kinda behindJack S
Jan 28, 2002 11:09 AM
from yesterday's new:

A possible saviour for Paris-Nice?
Just a day after it was announced that one of the most important early season stage races will be cancelled, a new player has come into the picture.

Yesterday, riders, team managers and fans alike were dismayed when Paris-Nice owner Laurent Fignon could not come to an agreement with potential buyer, the Amaury Sport Organisation (ASO). The two parties could not agree on the terms of the payment and negotiations broke down.

Fignon was even quoted in L'Equipe as saying "I had the impression I was dealing with dishonest people" - a statement that ruffled more than a few feathers in the ASO.

Daniel Baal, who was in charge of negotiations for ASO, reacted by saying that "I want to believe that his words exceeded his thought."

ASO president Patrice Clerc said in an interview with AFP that Fignon "had pushed us far beyond being reasonable...the procedures criticised by Laurent Fignon are normal within the context of a company recovery."

While the Fignon-ASO avenue has definitely been closed in time to save the race scheduled for March 10-17, there is a possibility that Swiss sports marketing company IMG-McCormack may be able to save it. IMG is responsible for running the Tour de Suisse, arguably the biggest stage race outside the three Grand Tours, and the Tour de Romandie, another Hors Categorie stage race in Switzerland. The company which made its name in the golfing circles, representing the likes of Arnold Palmer, Jack Nicklaus and more recently, Tiger Woods, is certainly big enough to handle another cycling race.

A representative for IMG, Tony Rominger, has reportedly started discussions with Laurent Fignon, with an initial meeting planned for February 8. It could be just in time to save the race that has seen legends such as Jacques Anquetil, Eddy Merckx, Sean Kelly, Miguel Indurain and Laurent Jalabert stand atop its podium.
Laurent Fignon unreasonable? Hard to imagine..NOT. nmBrooks
Jan 28, 2002 12:45 PM
moreJack S
Jan 28, 2002 4:56 PM
Options for Paris-Nice
Laurent Fignon has been granted a reprieve from announcing the cancellation of Paris-Nice, which he was to do today after negotiations broke down between him and potential buyer the Amuary Sport Organisation last Friday. Over the weekend, it emerged that he still has a couple of chances to save the race, although time is certainly running out.

Firstly there is the interest expressed by sports marketing company IMG-McCormack, the Swiss arm of which runs the Tour de Suisse and the Tour de Romandie. IMG's Tony Rominger will meet with Fignon soon and the two parties may come to an agreement about this year's race. It's not known yet what role Fignon will play: whether he will sign over everything or maintain his input as race director.

The other possibility is the UCI's "Rainbow Foundation", recently created to help great races that are in difficulty. Whether Hein Verbruggen wishes to try this for Paris-Nice 2002 remains to be seen, and he certainly does want the race to go ahead.