Did Armstrong own a stake in Tailwind Sports or not?

Lance Armstrong, Tour Down Under 2010

Lance Armstrong told reporters today that he would co-operate with the federal investigators who have begun to investigate the possibility of bringing fraud and doping charges against cyclists and team managers.

Speaking to reporters, he contradicted the statement he gave under oath when he said he did not own a stake in Tailwind Sports, the company that owned and operated the US Postal Service team. In 2005, he said he owned a small stake in the company, now he says he held no stake.

Thank you for reading 20 articles this month* Join now for unlimited access

Enjoy your first month for just £1 / $1 / €1

*Read 5 free articles per month without a subscription

Join now for unlimited access

Try first month for just £1 / $1 / €1

Sports journalist Lionel Birnie has written professionally for Sunday Times, Procycling and of course Cycling Weekly. He is also an author, publisher, and co-founder of The Cycling Podcast. His first experience covering the Tour de France came in 1999, and he has presented The Cycling Podcast with Richard Moore and Daniel Friebe since 2013. He founded Peloton Publishing in 2010 and has ghostwritten and published the autobiography of Sean Kelly, as well as a number of other sports icons.