British Newspaper Sues Lance Armstrong to Recover Libel Settlement Funds

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By: Jay Busbee | Yahoo! Sports

Lance Armstrong’s legal and financial woes continue. The Sunday Times of London is suing the disgraced cyclist for approximately £1,000,000 (about $1.6 million) for his 2004 libel action against the newspaper. In that action, Armstrong received £300,000 (roughly $484,000) for payment of his legal fees when the paper raised the possibility of outside assistance (i.e. performance-enhancing medication) in Armstrong’s recovery from testicular cancer.

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