CYCLING champion Bradley Wiggins is reportedly at risk of being declared bankrupt.
The 43-year-old, who won five Olympic gold medals, has still not paid a claim against him for &pound;979,953, the liquidators of his company said.
And now he is reportedly being instructed to put the trade marks "Wiggins" and "Wiggo" up for sale.
Wiggins was expected to pay liquidators &pound;600,695 from a property sale but was issued with a "notice of breach" of the conditions of his Individual Voluntary Arrangement.
This helps people pay off creditors and avoid bankruptcy. The liquidators claimed the IVA "may be terminated," which will lead to him being "subject to bankruptcy proceedings".
Wiggins has been struggling with financial difficulties for several years. His professional development cycling group, Team Wiggins, went into liquidation in 2020.

WHEELS COMING OFF FOR WIGGO

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