With a lot of talk surrounding the seven Tour de France titles Lance Armstrong won in debatable circumstances, Nike have released a brief statement denouncing the New York Daily News‘ allegations of a cover up. The New York publication recently published an article alleging that Nike had paid former UCI, the world governing body for sports cycling, president Hein Verbruggen $500,000 USD to cover up a positive drug test by Lance Armstrong. With the debacle becoming more and more ugly recently, read the words below as this is unlikely the last we will hear about it.

In response to the offensive allegations in today’s New York Daily News, Nike vehemently denies that it paid former UCI president Hein Verbruggen $500,000 to cover up a positive drug test. Nike does not condone the use of illegal performance enhancing drugs.