Report: Mitchelton-Scott boss Bannan booted after Manuela Fundación fiasco

Report: Mitchelton-Scott boss Bannan booted after Manuela Fundación fiasco

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The Mitchelton-Scott team is reportedly undergoing a management overhaul in the wake of a tumultuous period that has seen the team announce a sponsorship deal with the Manuela Fundación only to call it off within a week.

According to La Gazzetta dello Sport, general manager Shayne Bannan and financial manager Alvaro Crespi are out at Mitchelton-Scott. Brent Copeland, former manager of the Bahrain-McLaren team who was pivotal to that squad’s inception, will take over as Mitchelton-Scott’s general manager, while Darach McQuaid will also join the team in a management role.

La Gazzetta reports that an official announcement of the news will come within a day.

While the team has yet to provide confirmation or details on the reasoning behind the shakeup, Bannan and Crespi were both closely involved in the deal – which team owner Gerry Ryan has since called off – that would have seen Mitchelton-Scott become Team Manuela Fundación.

Mitchelton-Scott announced on June 11 that it had secured a new sponsor in Manuela Fundación, a not-yet-launched non-profit based in Spain. Less than a week later, however, Ryan decided to scuttle the deal. CyclingTips understands that the would-be partnership was arranged by Bannan without fully consulting Ryan.

It has since emerged that the deal struck by Manuela Fundación secured the purchase of Bannan’s New Global Cycling Service, which runs a variety of operations for the squad and manages a wide array of team assets—but does not actually own the team license, which is owned by Ryan. Last week, AS reported that Francisco Huertas, the Spanish businessman who runs the Manuela Fundación with his wife Maria Angustias González, had offered €10 million to secure the license from Ryan.

It appears, however, that Ryan has no interest in further dealings with Manuela Fundación, and as of Wednesday his team will reportedly be under new management as well.

This is a developing story. Check back for updates.