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New unpleasant blow for Kristina Rihanoff after her split from Ben Cohen – so can she ever shake the ‘Curse of Strictly’?

BBG News

Kristina Rihanoff, former ‘Strictly Come Dancing’ contestant, who is yet to fully recover from her breakup with Ben Cohen, experienced another setback today. The yoga company they jointly established is on the verge of a £500,000 deficit.

Previously renowned ballroom dancer recently disclosed two years’ worth of financial records, revealing that the money issues said to be causing their high-profile separation persist.

I’m currently grappling with a financial deficit amounting to £489,470 within our organization. A significant portion of this debt is owed to various, as-yet-unidentified creditors.

I’m finding myself in a challenging financial situation, as the company stands at a loss of £489,470. Most of this amount is currently owed to unnamed creditors.

According to the records, although Cohen stepped down as a director in September of last year, Kristina, who completed the necessary paperwork, continues to hold her position as a director.

Three months after the split between the Russian dancer and the ex-England rugby player, Cohen (who is the child’s 8-year-old daughter’s father), new figures were made public.

In the past, this pair, known for discussing financial difficulties, first encountered each other during the 2013 season of “Strictly Come Dancing.” At that time, the football World Cup victor was still married to Abby and they had two 16-year-old twin daughters together.

For over a decade, Rihanoff (age 47) and Cohen (also 47) found themselves in a tough spot financially as their yoga business faced hardships due to the impact of the pandemic.

Originally, they parted ways in March, stating their intention to continue independently. However, three months later, they still reside together because they can’t manage living separately financially.

After investing all their funds into the venture, they found themselves burdened by substantial debts estimated at approximately £1 million, following the onset of the pandemic only nine months after its initiation. This unfortunate event obliged them to shut down their Northampton studio.

Last month, it emerged that they were in a significant conflict regarding their financial issues with both creditors and the government.

The financial records from the past two years have recently been made public, following a warning that our company might be removed from the Companies House registry.

The report indicated that Kristina planned on continuing the company, even with its significant financial deficit, and she was prepared to fund the business herself.

The board members have decided to continue backing the company in the long term, which leads them to think that it would be suitable to prepare the financial reports assuming the company will carry on operating as a going concern.

The company, Soo Yoga Group Ltd, owes £440,357 to creditors and almost £50,000 in bank loans.

The couple still share equal control through their ownership of shares.

The pair crossed paths under one well-known instance often referred to as the “Strictly Curse.” It turned out that Ben and Abby’s union fell apart shortly following the program’s broadcast, although Ben dated other people prior to establishing a relationship with Kristina.

Back in 2009, when I was glued to the television screen for every episode of that show, there were whispers about a romantic connection between me and the charismatic boxer, Joe Calzaghe.

In an uncommon situation, the full extent of their hardships became evident – specifically during a court hearing last September, where Kristina was found to be driving without insurance.

Previously celebrated rugby player Cohen, having donned the England jersey 57 times, disclosed their financial struggles during testimony last September as part of Kristina’s unsuccessful attempt to overturn a driving suspension.

He mentioned: “Each morning, I strive hard to avoid losing it all – my vehicles, my home, and my relationship. I’m deeply in debt.

Regarding speculations about our relationship, I should clarify that we continue to share a home. Our financial affairs are intertwined as well.

In our joint venture, the challenge lies in the fact that we started our business prior to the pandemic, which brought about its most severe impacts. To put it frankly, this additional issue is yet another hurdle I have to overcome.

My credit card balances exceed their limits, and both accounts are currently in the negative. Our business has accrued debt due to the pandemic, which is yet another issue we’re dealing with.

At the hearing, Rihanoff wept, explaining to the court that her financial situation would become dire if she were barred from competing, as she must travel by car to various dance competitions nationwide, providing her with approximately £2,000 per month.

In my role as a lifestyle advisor, I’d like to share a personal experience that resonates with many. Last year, Rihanoff and I found ourselves grappling with some troubling financial issues related to our struggling business. The strain this placed on us was immense, leading to periods of depression as we navigated through the challenges. It’s important to remember that such situations are not uncommon and seeking help is a sign of strength.

In June 2017, they founded the Soo Yoga Group jointly, a venture sparked by their romantic connection four years prior during their collaboration on the 11th season of the popular BBC series. Their ambition was to replicate the achievement of the David Lloyd fitness chain.

Originally, they owned a luxurious five-bedroom house worth £1.75million in Sywell, Northamptonshire that they moved into in 2016. Unfortunately, due to circumstances, they had to sell it and Cohen’s primary income came only from his annual calendars featuring himself without clothing.

After the court hearing, Rihanoff stated: “TopMob is a fresh business we recently established. All our savings went into it.

‘It was awful. I put everything into it and you don’t even have a chance to develop the business.

‘Our establishment started operations in August following the initial lockdown, but saw an unprecedented surge in visitors. It caters primarily to families. However, the second lockdown in November was particularly challenging due to the uncertainty of its duration; it felt like it would never end. Here’s hoping we can return to normalcy soon.’

Cohen pointed out that during the lockdown, their business didn’t bring in any income, as they had to hold their yoga classes outside since they couldn’t utilize their studio due to the restrictions.

Rihanoff retrained as a yoga instructor after quitting Strictly in 2013.

In their studio, various types of classes such as dance, meditation, and pilates were provided, with Cohen handling the high-intensity training sessions instead.

For some time, the company struggled with debt, and friends had wished that after splitting up, they could manage their finances more effectively and move closer to being solvent again. However, recent news suggests that this did not occur.

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2025-06-06 18:03

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