Floyd Landis, who tested positive for the banned male hormone testosterone during his 2006 Tour de France triumph, has been found guilty of doping by a US arbitration panel and faces a two-year ban from the sport.
"He has been found guilty. It proves that the system works no matter who you are," said Pat McQuaid, president of the international cycling union (UCI).
The 31-year-old Landis, set to become the first Tour de France winner to be stripped of his title, said in a statement: "This ruling is a blow to athletes and cyclists everywhere. I am innocent, and we proved I am innocent."
"Under our regulations, Pereiro will be declared the winner of the 2006 Tour de France," said McQuaid.
The US arbitration experts decided Landis had injected himself with testosterone after lengthy deliberations following a hearing in May.