Dutch bank Rabobank to end its sponsorship of professional cycling teams

Dutch bank Rabobank to end its sponsorship of professional cycling teams

Dutch bank Rabobank will end its sponsorship of both the men’s and the women’s professional cycling teams per 31 December 2012. Rabobank will continue its ties with amateur cycling as a sponsor, including the youth training and the cyclocross team.

Rabobank has come to this decision following publication of the report from the American doping authority USADA last week. This report speaks volumes. Bert Bruggink, member of the Managing Board: “It is with pain in our heart, but for the bank this is an inevitable decision. We are no longer convinced that the international professional world of cycling can make this a clean and fair sport. We are not confident that this will change for the better in the foreseeable future.”

Rabobank started its involvement in cycling 17 years ago. Full of conviction and with a clear mission. Because cycling fits with Rabobank, with its clients and employees. Rabobank has expanded the cycling sponsorship during the course of the years to a complete package, from the men’s and women’s professional teams to the youth team and the cyclo cross.

Bert Bruggink: “Cycling is a beautiful sport, which millions of Dutch people enjoy and a large number of those Dutch people are clients of Rabobank. But our decision stands: we are pulling out of professional cycling. It is painful. Not just for Rabobank, but especially for the enthusiasts and the cyclists who are not to blame in this.”

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