Sir Bradley Wiggins has entered bankruptcy, according to a report in The Times on Saturday, after going through financial difficulties with his company. The company was owned by Wiggins, his former wife Cath and his mother Linda.
Wiggins Rights Limited, the company that ran much of Bradley Wiggins’s affairs during his career and which was the parent of the now defunct Team Wiggins, entered liquidation in September 2020. Cycling Weekly revealed in 2022 that his liquidated company owed nearly £1 million to creditors. He is understood to have failed his IVA in January this year.
According to The Times, Wiggins was declared bankrupt at Lancaster County Court on June 3. Trustees will now be appointed to seize and dispose of Wiggins' remaining assets.
In the liquidators' report dated 19 September 2023, they said: "Unfortunately the joint supervisor has informed creditors... if the breach is not remedied then the IVA may be terminated. In the event the IVA is terminated the director may become subject to bankruptcy proceedings and this would potentially substantially increase the expected timeframe for recovery of the outstanding directors loan account." They added: "I expect that the termination of the IVA should be confirmed within the next few months."
Ondrej ZhasilCycling Journalist
Ondřej Zhasil is a cycling journalist at CyclingUpToDate and has been part of the team since 2023. He is based in Ostrava, the third-largest city in the Czech Republic, and covers professional cycling across the main UCI competitions, including the Tour de France, the Giro d’Italia, and La Vuelta a España. A key focus of his work is startlist analysis and pre-race coverage, where he examines team selections, rider line-ups, and tactical scenarios ahead of major events.
Alongside WorldTour coverage, Ondřej has developed specific expertise in junior cycling and in racing across East Asia, including competitions in China and Japan. He also maintains a broad working knowledge of other disciplines and levels, including cyclocross, while continuing to expand his understanding of mountain bike racing.
Ondřej holds a bachelor’s degree in Mathematics and Physics, which supports his analytical, data-driven approach to performance and race analysis. In his reporting, he regularly uses ProCyclingStats for results, statistics, and historical context. He places strong emphasis on careful sourcing, editorial accuracy, and updating articles promptly when new, verified information becomes available.
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