Bradley Wiggins displays his gold medal from the Individual Pursuit at the Beijing 2008 Olympics.
Bradley Wiggins displays his gold medal from the Individual Pursuit at the Beijing 2008 Olympics.

Gold medal escape



The British cyclist Bradley Wiggins has found different uses for his gold medals since winning two of them on the track at the Beijing Olympic Games. The medals have seen strangers accost him in the street, have been used as playthings by his two children and have even helped him escape a spot of bother with the Chinese authorities.

Wiggins was out celebrating his triumphs with a night out in the Chinese capital when things did not go entirely to plan. "I'd had a few drinks and came out of this nightclub in Beijing and thought it'd be a good idea to roll over a few car bonnets, Dukes of Hazzard style," he said. "I thought it was a great crack but sadly the Chinese authorities didn't agree. "No one would have batted an eyelid if it'd been in London [where Wiggins was born and brought up] but this Beijing police officer wasn't so keen. Thankfully, I took out my gold medals - I was carrying them with me as I was catching an early-morning flight back home - and he let me off."

The 28-year-old cyclist has been repeatedly asked to get his medals out since his return home for a welcome that he described as being "in a different league to four years ago" when he returned from the Athens Olympics with a gold, silver and bronze. "People barely registered me four years ago," he said, "but now it's all a bit mental. The recognition's been great and varied. I've had some people shout 'legend' at me in the street and I sort of embarrassingly wave back and say 'thanks'.

With all this adulation, however, one thing has taken a massive back seat - his cycling. Since going for his third gold in the madison in Beijing on Aug 19 - he and British teammate Mark Cavendish ended up a disappointing eighth - Wiggins has not even ridden his bike. And he readily admits that is not exactly perfect preparation for the Tour of Britain where he will be the undoubted star attraction.

"I'm not going to be in the best shape," he said. "All the celebrating has taken its toll a bit. But to be perfectly honest the Tour of Britain isn't a massive bike race for me. Most importantly, it's a chance to thank all the fans who supported me en route to winning the golds in Beijing." Team GB's success on the track was one of the stories of the Games, although their seven gold medals ended up being one shy of swimmer Michael Phelps's eight-gold tally.

Wiggins himself had gone into the Olympics with the object of winning three golds - in the individual and team pursuits, and the madison. And despite winning two golds, he said he had returned home with a tinge of disappointment. "The strongest feeling I've had since Beijing is a sense of relief. I'd been the man to beat in the individual pursuit and us Brits were No 1 in the team pursuit, so those were our golds to lose. Thankfully that didn't happen.

"The other sense though was of disappointment. I'd wanted three golds but I didn't quite get that." Wiggins has already committed to the individual and team pursuit at the 2012 Games in London and could even make the 2016 Olympics, by which time he'll be 36. "Before too long, all my focus will be working on going for gold in front of my home crowd in London in four years time," he said. For now, he intends to spend time with his wife and children and enjoy his post-Beijing celebrations.

"Hopefully I'll be forgiven for a little celebrating," he said. "Before this, I can't remember the last time I let my hair down. As professional cyclists, we don't have normal birthdays and Christmases where we can eat, drink and have fun. Everything's always closely monitored and for now that's not the case, and I'm enjoying it." sports@thenational.ae

FIXTURES

UAE’s remaining fixtures in World Cup qualification R2
Oct 8: Malaysia (h)
Oct 13: Indonesia (a)
Nov 12: Thailand (h)
Nov 17: Vietnam (h)
 

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Our Time Has Come
Alyssa Ayres, Oxford University Press

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

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