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Dear UCI,now that you're about to lose an assload of money....

Discussion in 'Downhill & Freeride' started by SCARY, Jan 15, 2013.

  1. SCARY

    SCARY Not long enough

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    I need more of these green square things^^
    You might want to start supporting the red headed stepchild of cycling.

    I guarantee the only thing you gotta test for is alcohol,weed and for me..a whole lotta ibuprofen.

    Gonna watch it all burn!
     

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  2. Spinning Lizard

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    Yep, get the popcorn ready.

    FYI - if you love me like a brother I am screwed.
     
  3. SCARY

    SCARY Not long enough

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    I need more of these green square things^^
    LOL

    make up an ideal brother,and I love you like that.
     
  4. SuspectDevice

    SuspectDevice Turbo Monkey

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    Reams of hilarious sh$t are going to go down soon with USAC as well. I give them about 14 months.

    I can't see the current USAC administrators lasting through the year, personally.
     
  5. kidwoo

    kidwoo Celebrating No-Pants Day

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    What's a UCI?


    I'm a mountainbiker so I genuinely have no idea.
     
  6. William42

    William42 Turbo Monkey

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    University of California, Irvine. Apparently they are about to lose a lot of money.
     
  7. General Lee

    General Lee Turbo Monkey

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    It's when you've spent all day in your chamois and then it hurts when you pee
     
  8. General Lee

    General Lee Turbo Monkey

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    The UCI? These are the guys who got snowballed by Rockyroad despite overwhelming evidence it was a scam job. Corruption or stupidity aside, it says something about just how many f*cks they don't give about DH racing.
     
  9. jonKranked

    jonKranked Press Button, Receive Stupid

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    they wouldn't care about road racing if it didn't make them buttloads of money. pat mcquaid is pretty much the king of the muppets.
     
  10. Pslide

    Pslide Turbo Monkey

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    It sounded like Armstrong was going to start naming names, I guess that's what you guys are referring too.

    Does anyone know what channel the interview will be broadcast on? Don't tell me it's the Oprah network... I don't even get cable, cancelled that crap a year ago.
     
  11. jonKranked

    jonKranked Press Button, Receive Stupid

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    Yea it's the Oprah network.

    Also

     
  12. Pslide

    Pslide Turbo Monkey

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    Why would one choose to come clean on...Oprah?

    Maybe he felt that she might be the only person that wouldn't reach over and strangle him to death mid-interview. Or maybe he wants to tap that?
     
  13. Jim Mac

    Jim Mac Turbo Monkey

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    One word: re-numeration.
     
  14. BigBoi

    BigBoi Monkey

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    Why Oprah? I would guess he's getting a lot of money. Seeing as all his endorsements are gone and he is facing multiple lawsuits, I would assume that money is no longer in great supply.
     
  15. SCARY

    SCARY Not long enough

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    I need more of these green square things^^
    Ha ha ha!
    Ah,that's my kinda humor.
     
  16. kidwoo

    kidwoo Celebrating No-Pants Day

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    I heard it went a little differently than everyone expected.

     
  17. General Lee

    General Lee Turbo Monkey

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    With a net worth of aprox $125 million, he's got a bit of a cushion even if he has to pay back $12 mil or so in prize money/bonuses and fight a few more lawsuits down the road.

    From Velonews: "A spokeswoman for Winfrey insisted Wednesday no question would be off limits and Armstrong would not be paid for a 90-minute interview that is due to air on January 17."

    Why Oprah: http://velonews.competitor.com/2013...naged-armstrong-interview-with-winfrey_270837
     
    #17 -   Jan 16, 2013
    Last edited: Jan 16, 2013
  18. motomike

    motomike Turbo Monkey

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  19. Pslide

    Pslide Turbo Monkey

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    Question is, if this whole scandal brings down the UCI, will I love or hate Armstrong?

    Two things I do know:

    Trek should bring back the Lemond brand.
    Trek should make a farewell video for Gwin.
     
  20. SuspectDevice

    SuspectDevice Turbo Monkey

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    Trek f#cked Lemond hard. They have parted ways.
    I know there are a couple of semi-shuttered bike factories in the USA that would love to build some bikes for his brand though...
     
  21. aaronjb

    aaronjb Monkey

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    You're way off base with the $125 million figure. I'd say he's $20 million liquid, and that he's highly leveraged. His finances are a complete mess based on how he's moved money and property in the past 18 months - and that's just the transactions which are public. He was already in a tough spot before the 2009 comeback.

    Sure, he'll never be in the poor house. It's just that the $120+ million figure that's bandied about is far from accurate. You seem like a level-headed guy. Don't buy into the hype.

    Cash flow and liquidity are his primary issues at the moment, particularly as he burns through an estimated $500k/month in legal fees.
     
    #21 -   Jan 16, 2013
    Last edited: Jan 16, 2013
  22. aaronjb

    aaronjb Monkey

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    Also, yeah, if Armstrong does dish on the UCI and is truly open, then they're done. The breakaway organization will move forward with full IOC support at that point.
     
  23. jonKranked

    jonKranked Press Button, Receive Stupid

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    Not just uci, but WADA too. Which would mean this has implications well beyond cycling.
     
  24. wood booger

    wood booger Monkey

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    More like his last nut has fallen off and he is a full on woman now.
     
  25. BigBoi

    BigBoi Monkey

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    I think you hit the nail on the head, highly leveraged. When your income of several $million per year stops, your liabilities don't just go away. And I'm guessing his liabilities are several $million per year as well. Sprinkle in a few lawsuits and the need for a full time security team and you suddenly have to change your lifestyle drastically AND go on Oprah.
     
    #25 -   Jan 16, 2013
    Last edited: Jan 16, 2013
  26. Spinning Lizard

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    Also looks like he trying to cut a deal with Feds. They are going after a drug trafficking charge which carries a min of a 2 year jail sentence. USA Cycling is in this too. You know Bruynell is walking around in depends right now.

    This will be great entertainment, probably better then most of the actual racing this year.
     
  27. Spinning Lizard

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    Can you add a poll to this thread? How many of you bet he cries? I think he does but they are fake.
     
  28. aaronjb

    aaronjb Monkey

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    The federal investigation was shuttered last year with the help of Bill Clinton and Nancy Pelosi. It's unlikely (impossible?) that Birotte's office would reopen that case.

    The open avenue now will be the Qui Tam case that Landis initiated.
     
  29. Spinning Lizard

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    Will try to find the link. Thought I read it on Velonews this morning, but I have not been able to locate it.

    This is nice summary so far though - http://velonews.competitor.com/2013...ment-recommends-joining-armstrong-suit_271482
     
  30. norbar

    norbar Turbo Monkey

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    Net worth isn't your liquid assets.
     
  31. jonKranked

    jonKranked Press Button, Receive Stupid

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    Rumor I heard is that the doj is pushing for the federal case to be reopened, especially if he perjured himself (even if they can't specifically go after him for perjury)

    Especially considering no reason why the case was shut was ever made public.
     
  32. NoUseForAName

    NoUseForAName Monkey

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    I think you mean remuneration.
     
    #32 -   Jan 16, 2013
    Last edited: Jan 16, 2013
  33. Jim Mac

    Jim Mac Turbo Monkey

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    Thanks! yes.
     
  34. IH8Rice

    IH8Rice I'm Mr. Negative! I Fail!

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    itll be streamed on her propaganda, i mean website
     
  35. rpet

    rpet Turbo Monkey

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    ****yeahgreglemond ?
     
  36. MinorThreat

    MinorThreat Turbo Monkey

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    Naw, renumeration: I restarted the post-count from when it was said. Yours was #20.
     
    #36 -   Jan 16, 2013
    Last edited: Jan 16, 2013
  37. jonKranked

    jonKranked Press Button, Receive Stupid

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    you're both wrong. It's "reparations"
     
  38. jonKranked

    jonKranked Press Button, Receive Stupid

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  39. SuspectDevice

    SuspectDevice Turbo Monkey

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  40. SuspectDevice

    SuspectDevice Turbo Monkey

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    #40 -   Jan 17, 2013
    Last edited: Jan 17, 2013