Nike ends its deal with Armstrong

Lance Armstrong has had his contract with sportswear giant Nike terminated.

Nike stated that "due to the seemingly insurmountable evidence that Armstrong participated in doping... we have terminated his contract".

Armstrong, 41, has also stepped down as chairman of his charity Livestrong.

The decisions come a week after the United States Anti-Doping Agency released a report containing accusations of widespread doping by Armstrong and his teams.

More to follow.

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