Bradley Wiggins liquidates businesses with debts of over £1m

Creditors expected to be left out of pocket as Team Wiggins company folds

(Image credit: Getty Images)

Two of Bradley Wiggins’s companies are being wound up with debts in excess of £1m and look set to leave creditors hundreds of thousands of pounds out of pocket.

Wiggins Rights Limited, the company used to “exploit Bradley Wiggins’s name and image rights”, has entered liquidation with debts in excess of £650,000 while a related company New Team Cycling Limited, which was used to run the now defunct Team Wiggins and lists Bradley Wiggins as a director, is also being liquidated with debts of £587,008.

Thank you for reading 20 articles this month* Join now for unlimited access

Enjoy your first month for just £1 / $1 / €1

*Read 5 free articles per month without a subscription

Join now for unlimited access

Try first month for just £1 / $1 / €1