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Stephen Farrand

Bradley Wiggins may face bankruptcy as £979,953 liquidation claim remains unpaid

Bradley Wiggins Cycling Weekly IVA

Bradley Wiggins.

Bradley Wiggins may face bankruptcy proceedings for one of his companies if he fails to respect an agreement with financial liquidators, with the ‘Bradley Wiggins’, ‘Wiggins’ and ‘Wiggo’ trademarks put up for sale to help reduce the debts.

The problems do apparently not affect Wiggins’ personal solvency position. However, in 2020 he agreed to an Individual Voluntary Arrangement (IVA) regarding Wiggins Rights Limited, the company behind some of his business affairs and which is intertwined with associate companies of the defunct Team Wiggins, where he ended his racing career.

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