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Sports activities
26 October 2023, 6:15 pm 1 minute
Reuters solely reported on Wednesday night that main European biking groups have been exploring plans to create a brand new aggressive league in a transfer that would reshape the game’s panorama and allocate extra funding for members. Reuters was first to disclose the doable shake as much as the game, among the events concerned and the doable investor to again the initiative, personal fairness agency CVC.
Market Affect
Exterior traders may assist finance the venture, two of the individuals stated, talking on situation of anonymity as a result of the discussions are personal. The enterprise may amalgamate new and present races, one of many individuals stated.
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Matters of Curiosity: Sports activities
Sort: Reuters Finest
Sectors: Sports activities
Areas: Europe
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Story Sorts: Unique / Scoop
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