nfto

[simo105]

https://www.nfto.com/2016/10/25/nfto-hands-the-reigns-over-to-tom-barras/

Nfto handing over to tom barras. Not much info on that but sounds like nfto will be no more!

 

[S-Express]

Interesting - wonder what will happen to the NFTO Race Club guys.

 

[simo105]

No idea! Sounds like tom barras is looking at carrying it on but under different name?

 

[S-Express]

I don't mean the pro team. Race Club is the amateur level team also run under the NFTO name..

 

[simo105]

Oh right sorry. Not sure to be honest

 

[lyn1]

Hopefully Tom has managed to secure some funding, but I understand it is unlikely to be at the previous level, so those riders who stay will need to take a pay cut, as will Raleigh riders who have also lost a significant sponsor. Wage inflation has been dramatic in the last few years and needed to be rationalised given these are 3rd division riders.. Perhaps these are the first steps in that process.

 

[Hacienda71]

Tom Barras was asking for funding on the race club Facebook page earlier this month . There was a £25 to £50K shortfall. Don't know how much he raised though.

 

[oldroadman]

I think NFTO as a bike business may have closed up. Possibly Tom has acquired the rights to the name. Nothing to stop him (if he does have the rights) setting up a club. Good luck to him, but as a proper pro team NFTO seems to be finished. Rumours were that the driving force behind the team has moved on to other things. Which is a problem when it's a single person or small group behind a project who are the main financial backers.