From cycling news, a story about a new breakaway cycling league.

Cyclingnews has learned that the financial group Rothschild put together a proposal for a cycling breakaway league in the early stages of 2011. The proposal is said to have minimised the influence of the UCI but lacked the cooperation of the sport’s biggest race organiser, ASO.

It was clear by April that McQuaid was aware of the efforts, and in May, McQuaid threatened to charge teams for the cost of the biological passport programme should they conspire against the UCI to form a breakaway league, but at the time he was not worried that the concept – now known to be presented in the Rothschild proposal – would become a reality.

Read the scoop: http://www.cyclingnews.com/news/breakaway-cycling-league-backed-by-rothschild