Despite indications from the Danish end of his team, Alessio boss Bruno Cenghialta rubbishes claimsAlessio-Bianchi manager Bruno Cenghialta on Wednesday reacted angrily to speculation that his team sponsors are intent on pulling out of the sport at the end of the 2004 season. Cenghialta was asked for his response to recent reports that his Italian-based outfit could be doomed at the end of the 2004 season. Cenghialta, already smarting from the exclusion of Alessio rider Martin Hvastija from the 2004 Tour, rubbished the suggestion, inviting journalists "to check their facts before they write". "It is true that our contract expires at the end of 2004, but who says that it will mean the end of the team?" Cenghialta demanded. "It all depends on me: if I want 10 million euros to run a team, and no sponsor will give it to me, then I might decide to give up managing a cycling team. Could Alessio renew their contract with us? Yes, but so could another sponsor come on board." Cenghialta revealed that he had personal agreements extending beyond the end of the 2004 season with four Italian riders. The quartet is believed to include Franco Pellizotti and Pietro Caucchioli. In other sponsorship news on Thursday, former Rabobank supremo Jan Raas poured scorn on rumours that he could erect a new team with the backing of Dutch electrical giant Philips next year. According to the Gazzetta dello Sport, Raas had expressed an interest in signing Michael Boogerd and Alessandro Petacchi to lead his new line-up. Raas laughed at the suggestion today, telling procycling's Dutch sources that they "knew much more than [he] did!"