Intermarché-Circus-Wanty, home to Biniam Girmay and recent Vuelta stage winner Rui Costa, have been reprimanded by the UCI after members of the team complained to the governing body about late salary payments over the summer.
The Belgian WorldTour squad was one to two weeks late paying wages for riders and staff in July, August, and September, CEO Jean-François Bourlart confirmed to Het Laatste Nieuws today.
However, Bourlat also claimed that the issue stemmed from certain sponsors failing to make their quarterly payments, that the wages have since been paid in full, and that there are no concerns regarding the team’s future financial stability.
"A number of sponsors are delayed with their quarterly payments, which can happen, and as a result, we were also a bit late,” Bourlart said.
“But this is just a ‘cash hole’, a deficit in the treasury – it has nothing to do with our budget or any problem for the future.
“We had a cash flow problem for a while, and therefore it’s a problem of punctuality, nothing more. 10 days [delay in payments]? It could be. There were some late payments, but all amounts were paid correctly. It’s a serious matter when people are not paid.”
Former world champion Rui Costa wins stage 15 of the 2023 Vuelta (Rafa Gomez/SprintCyclingAgency)
Het Laatste Nieuws also reported that around a dozen members of the team’s backroom staff, including coaches, doctors, mechanics, and soigneurs, are leaving Intermarché this winter for other teams. Bourlart, however, insisted that such a high turnover in personnel is normal at WorldTour level.
“Call the other teams and ask how many staff are leaving. It will be the same,” he said.
The CEO denied that the late payments were due to Belgium’s new restrictions on gambling sponsorships, with the names of betting companies on sports shirts set to be reduced in size from 2025, and removed altogether in 2028 – with betting and casino company Circus set to decrease their sponsorship of the team by 50 percent (a reported €1 million) as a result of the law change.
“The problem is the new law on gambling advertising that has been in force since July 1,” Bourlart said. “Circus disappears as a name sponsor but remains part of our team. We had no cash for a while but that had nothing to do with Circus.
“At the moment, the budget remains the same as in 2023. I had another meeting today with a potential new sponsor. I hope our budget will increase a bit more for 2024.
“I assure you; the budget will not be a problem. If you have a bit less money, then you hire less expensive riders. That way, everything stays balanced.”