Riders, suppliers and business partners were reportedly left out of pocket after the collapse of a British women’s team.
According to reports by the BBC, the collapse of Hess Cycling, among other things, left an unpaid debt of £50,000 owed to one team supplier.
Last year, Cycling Weekly reported extensively on the end of Hess Cycling, a British Continental women’s team that folded amid financial pressures and the fallout of a fraud investigation into the owner’s business affairs.
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It began, though, with the stated objective of becoming Britain’s first Women’s WorldTour team and elevating the status of the sport.
