IN Coe ‘ won’t accept’ Nestle split with scandal- hit IAAF
Geneva, Feb. 11: World athletics chief Sebastian Coe on Wednesday angrily hit back at Nestle’s move to terminate its sponsorship of the scandal- hit IAAF, insisting he will not accept the decision.
Nestle, the world’s largest food company, became in 2012 the main sponsor of a programme aimed at promoting athletics for youths worldwide. It was reported to be worth $ 1 million a year. “Angered and dismayed by today’s kids’ athletics announcement. We will not accept it. It’s the kids who will suffer,” said International Association of Athletics Federations president Coe in a brief statement.
Nestle said they were concerned over fears that the corruption and doping scandals surrounding the sport could damage the company’s reputation.
“I confirm that we have decided to end our partnership with the IAAF Kids Athletics programme with immediate effect,” Nestle spokeswoman Lydia Meziani said in an email.
“This decision was taken in light of negative publicity associated with allegations of corruption and doping in sport made against the IAAF.”
Meziani said Nestle decided to “terminate ( its) existing relationship with the IAAF” because a continued partnership “could negatively impact our reputation and image.”
The IAAF is facing crises on multiple fronts, including widespread allegations of corruption and bribery under disgraced former boss Lamine Diack.
Before Coe’s tough- talking reaction to Nestle’s decision, the world body had been keen to stress the benefits of its partnership with Nestle.