Lance Armstrong could be ruined by $100m US government lawsuit

Disgraced cyclist loses bid to block legal action by Floyd Landis and his team's former sponsor, US Postal Service

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(Image credit: Getty Images)

Lance Armstrong faces the prospect of "financial ruin" after he failed to block a $100m (£80m) lawsuit brought by the US government against him and his former team.

The claim, which dates back seven years, was initially brought by fellow cyclist Floyd Landis and relates to the sponsorship of Armstrong's team by the publicly funded US Postal Service.

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