Bradley Wiggins subject of bankruptcy petition, after reportedly falling into financial difficulties

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"Britain's first Tour de France winner and its most decorated Olympian was the subject of a bankruptcy petition from HMRC yesterday, with London's High Court hearing how he had faced financial struggles recently.

The Daily Mail(link is external) reports that the hearing lasted five minutes, in which the judge heard that Wiggins' lawyers had met with HMRC representatives on 14th July to agree a solution. The petition was dismissed, and Wiggins was ordered to pay £916 to cover HMRC's costs from the hearing.

Wiggins announced in May that he and his wife Cath had split after 16 years of marriage, although it's not clear if his financial troubles are connected to the separation."

Brad, being a professional cyclist, was always away earning abroad but within a few yrs of retirement she's binned him off. So she's got her worth out of him and now that he's around more, getting under her feet, she decides to cut him loose and take him for shit loads of cash. The HMRC (our version of IRS) is going after everyone right now for any outstanding taxes they owe, they have really ramped up inspections and required filings. I expect many more celebs will be on the chopping block soon. As for poor Brad...our most successful olympian, a lifetime of blood, sweat and toil and he's going to have precious little to show for it.