The eight-time Olympic medallist was declared bankrupt at Lancaster county court on June 3, according to The Times , following years of money troubles with numerous business ventures.
Sir Bradley Wiggins has been declared bankrupt and could be forced to hand over his medals and trophies after falling into financial difficulties.
Trustees could now be appointéd to seize Wiggins' assets, with fears that his Olympic and Tour De France medals and even his Sports Personality of the Year trophy could be stripped from him.Wiggins was at the peak of his powers in 2012, becoming the first Brit to win the Tour de France 'As you would expect, those involved in elite sport are often focussed solely on their primary goals of winning titles and striving for sporting excellence.
While the petition was dismissed following a five-minute hearing, it foreshadowed the money problems that have continued to stalk the eight-time Olympic medallist.Sir Bradley and his then-wife Catherine pose for photographs after at the medal ceremony for the Men's Team Pursuit Final for Gold on Day 7 of the Rio 2016 Olympic Games
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