Companies collapsed in wake of Team Wiggins failureSituation ‘in no way affects Bradley’s personal solvency’ Bradley Wiggins has wound up two of his companies with debts of more than £1m after the failure of his defunct Team Wiggins team.
A report in Cycling Weekly revealed Wiggins Rights Ltd, the company set up to “exploit Wiggins’s name and image rights”, has entered liquidation with debts of more than £650,000. New Team Cycling Ltd, which was used to run Team Wiggins between 2015 and 2019, is also being liquidated – with debts of £587,008.