July 29, 2014
VENICE, Italy (AP) - Lance Armstrong has lashed out at the Kazakh officials who let his Astana team fall into a financial crisis on the eve of his first Giro d'Italia.
The American cyclist suggested to a select group of reporters Wednesday that his Livestrong cancer foundation could step in and bail out the team.
"I don't have any concrete answers, but I suspect we can find some funding that would get us from June to the end of the year," says the seven-time Tour de France champion.
Astana receives most of its financial support from Kazakh state holding company Samruk-Kazyna, but the Central Asian nation's economy has been badly hit by the ongoing global financial crisis. The team has not paid its riders lately.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.