Lance Armstrong doping scandal might spring financial fallouts for disgraced star
Lance Armstrong’s doping scandal embarked on a new path as the fallen star might be ordered to return the financial aid he received in the name of cycling and the prize money from his seven Tour de France titles. Lance Armstrong has already been stripped off his seven titles after being found guilty of doping by the International Cycling Union (UCI).
Lance Armstrong’s doping indulgence has resulted in a life ban for the cyclist and the financial repercussions of his actions are coming into existence now. Nike has parted ways with Armstrong after UCI implemented the life ban supported by USADA. Other major sponsors have also detached themselves from Armstong’s corner as the doping fiasco continues its negative impact.
Following the doping scandal, Lance Armstrong admitted that the recent weeks have been difficult for him. Speaking at the Livestrong cancer charity event, Armstrong said, “The mission is bigger than me. It’s bigger than any individual. It’s been a difficult couple of weeks for me and my family, my friends and this foundation.”
Armstrong has come under fire from every corner of the professional cycling world, though UCI was accused of covering up the doping test of Lance Armstrong. UCI has insisted that the organisation has nothing to hide from the world. Armstrong has been an inspiration for many around the world after fighting back from his cancer and returning to the professional cycling world.
Lance Armstrong’s doping saga has shaken firm believers of his indomitable spirit as Pat McQuaid, president of the cycling union said, “Lance Armstrong has no place in cycling; he deserves to be forgotten in cycling. Something like this must never happen again.”