Gerry Ryan: Manuela Fundación wasn’t the deal that I thought it was

Gerry Ryan and Shayne Bannan.
Gerry Ryan and Shayne Bannan. (Image credit: Getty Images)

Mitchelton-Scott owner Gerry Ryan has said that he blocked Manuela Fundación’s proposed takeover of the team as it “wasn’t the deal [he] thought it was.”

The Spanish not-for-profit entity was unveiled as Mitchelton-Scott’s new title sponsor in June, but barely a week later, Ryan announced that the deal was off. Team manager Shayne Bannan and financial director Alvaro Crespi subsequently left Mitchelton-Scott at the end of June and they have been replaced by Brent Copeland and Darach McQuaid.

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