Simon Fuller's XIX had held a 40 per cent stake in the Team Wiggins racing squad but papers filed at Companies House in the last week show that these have now been transferred to Wiggins Right limited, the company that Wiggins uses to manage many of his commercial interests.
Wiggins first joined XIX as a client in 2013, when the company also managed sports megastars including footballer David Beckham, tennis ace Andy Murry and Formula 1 champion Lewis Hamilton.
The company played a role in setting up his eponymous team in 2015 and launching his own bike brand with Halfords. It also helped Wiggins to broker a deal to appear in adverts for Skoda for three years from 2017.
However, by the time the Skoda deal was underway the relationship had begun to sour in the wake of the news that Wiggins had therapeutic use exemptions (TUEs) to use controlled drug triamcinolone ahead of the 2011 and 2012 Tours de France and the 2013 Giro d’Italia, which was revealed by Russian hacker Fancy Bears in September 2016.
Wiggins reportedly was not happy with the support he had received from XIX during a time of intense media scrutiny and switched management to M&C Saatchi Merlin in January 2017.
At the time XIX was understood to continue to be working on joint ventures, such as the team, with Wiggins. But the documents published for the first time today show that is no longer the case and Cycling Weekly understands that XIX has had little to do with the running of the team since the split in 2017.
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Having trained as a journalist at Cardiff University I spent eight years working as a business journalist covering everything from social care, to construction to the legal profession and riding my bike at the weekends and evenings. When a friend told me Cycling Weekly was looking for a news editor, I didn't give myself much chance of landing the role, but I did and joined the publication in 2016. Since then I've covered Tours de France, World Championships, hour records, spring classics and races in the Middle East. On top of that, since becoming features editor in 2017 I've also been lucky enough to get myself sent to ride my bike for magazine pieces in Portugal and across the UK. They've all been fun but I have an enduring passion for covering the national track championships. It might not be the most glamorous but it's got a real community feeling to it.
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