Ineos' takeover of Team Sky raises financial fairness questions

Ineos' takeover of Team Sky raises financial fairness questions

Channel NewsAsia - Sport·2019-03-20 18:40

Team Sky's takeover by chemical giant Ineos raises questions on financial fair play in cycling as the new outfit is expected to increase its monetary advantage over rival teams.

Jim Ratcliffe, CEO of British petrochemicals company INEOS, poses for a portrait with the Canary Wharf financial district seen behind, ahead of a news conference announcing the launch of a British America's Cup sailing team in London, Britain, April 26, 2018. REUTERS/Toby Melville

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