"If Armstrong admits he cheated then we will be asking for the medal back, just as we would with any athlete," IOC director of communications Mark Adams told USA TODAY Sports in an email. Armstrong won a bronze medal at the 2000 Olympics in Sydney.
Armstrong has already been stripped of the seven Tour de France titles he won from 1999 to 2005.
Cycling could be kicked out of the Olympics if Armstrong implicates the sport's governing body -- the International Cycling Union (UCI) -- of covering up a widespread doping scheme, IOC member Dick Pound told Reuters on Tuesday.
Pound, a former head of the World Anti-Doping Agency, said the IOC needed to take action.
"The only way it (cycling) is going to clean up is if all these people say 'Hey, we're no longer in the Olympics and that's where we want to be so let's earn our way back into it,'" Pound said. "The IOC would have to deal with it, the (UCI) is not known for its strong actions to anti-doping."
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