Stoked News – News, Videos, surf, skateboard, snowboard, motorsports, action sports » Blog Archive » Cycling Road – Armstrong’s Astana team solves financial woes
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Lance Armstrong’s Astana team appears ready to participate in the Tour de France after reaching an agreement with its Kazakh backers to solve financial problems that have plagued the team this year.

Astana riders have held repeated protests since April over debts owed by the Kazakh Cycling Federation, putting the team’s participation in the Tour in doubt.

Astana issued a statement on Thursday saying team leader Johan Bruyneel, its managing company Olympus Sarl and the cycling federation had settled their differences during a meeting with a Kazakh government representative and that the debts had been paid…  Details

This entry was posted on Thursday, June 18th, 2009 at 1:32 pm and is filed under Cycling, Road Bike. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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