Cycling: Lance Armstrong faces $12m suit over bonuses
Disgraced cyclist braced for legal battles
Monday 21 January 2013
A Texan company is planning to file a lawsuit this week to recoup $12 m (£7.6m) from Lance Armstrong.
After Armstrong claimed his 2002, 2003 and 2004 Tour de France titles, SCA Promotions insured bonuses paid to him, but the company now wants the money back.
The American, who had his Tour de France titles stripped from him in October, confessed to using performance-enhancing drugs for all seven of his wins in a TV interview with Oprah Winfrey last week.
"We will likely file that lawsuit as soon as next week unless we get a satisfactory response from Armstrong's camp," SCA lawyer Jeff Tillotson said. "We paid him $12m for being the official winner of three Tour de France races and swearing under oath he was a clean rider during those races."
Tailwind Sports, owner of the US Postal team, took out the insurance policy to cover performance bonuses payable to Armstrong if he claimed his fourth, fifth and sixth Tour victories.
The two parties have been in dispute before, with SCA initially refusing to pay out money covering the bonus for Armstrong's sixth Tour win in 2004, totalling $5m, because of suspicions over whether he was clean. Armstrong eventually won the battle at an arbitration hearing in 2005 because he was still named the "official winner".
Shortly after Armstrong had his Tour wins taken away in October, the company said it would make a formal demand for the money, which stood at $11m. Tillotson is now supporting his client's bid to recoup $12m after increasing legal costs and interest.
"He's now told us, at least through Oprah, that he lied when he told us he was a clean rider," Tillotson added. "If that money is not returned to us, my client will pursue litigation. He feels Lance Armstrong neither has the legal right, nor frankly the moral right to keep those funds."
Latest in Sport
Manchester United's best XI of the season so far: No place for Angel Di Maria or Juan Mata
Which player sells the most shirts in the Premier League?
WrestleMania 31 results: Seth Rollins stuns WWE as he cashes in Money in the Bank contract to claim title from Brock Lesnar
Chelsea's best XI of the season so far: Petr Cech has been better than Thibaut Courtois
Chelsea's Eden Hazard, Arsenal's Mesut Ozil and Manchester City's Jesus Navas are the three best attacking midfielders in Europe in 2015
- 1 Replica Back to the Future Hoverboard released
- 2 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 3 Tidal: Jay Z's Spotify rival streaming service criticised for making wealthy artists even richer
- 4 Brixton squat flats now costing up to £3k per month show how out of control rent is in London
- 5 A new (old) cure for MRSA? Revolting recipe from the Dark Ages may be key to defeat infection
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Jeremy Clarkson sacked live: Alan Yentob 'wouldn't rule out' ex Top Gear host's BBC return
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
The West has it totally wrong on Lee Kuan Yew
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
£45000 - £50000 per annum + benefits : Ashdown Group: A highly successful, glo...
£35000 - £37000 per annum: Recruitment Genius: We are 'Changemakers in retail'...
£25000 - £40000 per annum: Recruitment Genius: This fast growing digital agenc...
£50000 - £100000 per annum: Recruitment Genius: This is a newly-created partne...