Armstrong charity suffers in fallout

As the fallout from the Lance Armstrong doping scandal continues, it appears that his Livestrong cancer foundation will be the biggest loser.

Sportswear giant Nike has severed all ties with Armstrong, as has eyewear maker Oakley. While both companies will continue to support his charity, its future may be bleak.

Armstrong has been forced to stand down as chairman of Livestrong, saying he did not want to be a further distraction from its mission.

(All images AAP)