B&B Hotels-KTM riders free to sign with other teams, team looks to stay up despite financial issues

News have been swarming lately from the B&B Hotels-KTM camp where every single day is crucial and almost everyday the situation in the French team changes slightly. After giving positive signs of further investment this Thursday, on Friday it is reported that riders are free to look for contracts elsewhere.

It has been reported that the team may have up to this upcoming Monday, the 5th of December to deliver the paperwork necessary to apply for a ProTeam license, as it has raced this year. This has been already extended to allow the team a bigger chance of saving itself. However, the most recent update from La Télegramme reports that all riders have been told this Friday that they are free to look for a new team.

This may not include those who have publicly signed and extended with the team, which come as good news as there seem to be chances the team could stay up with a budget of between 5 and 7 million euros, keeping a form similar to the one of now - however being unable to make massive changes such as the signing of Mark Cavendish and the build of a new women's team including double national champion Audrey Cordon-Ragot.

It is then concluded that, with help from B&B Hotels-KTM and some equipment sponsors, the team may not collapse, and keep it's level into 2023. It is expected that in the coming days there will be an official statement, but for the time being it remains a very volatile subject.