Armstrong engaged in an "unparalleled pageant of international perjury, fraud and conspiracy"

Lance Armstrong has been fined $10million (€8.7m) for lying about his use of performance-enhancing drugs following an arbitration panel hearing into his case with SCA Promotions.

Dallas-based SCA Promotions was forced to pay Armstrong $7.5m in 2006 after an arbitration process over disputed payments relating to his seven Tour de France victories.

However, Armstrong has since admitted to doping in all seven of his Tour wins and was found to have lied in proceedings, leading to the payout.