Olympics Chief Rejects Athletics’ Prize Money Push

The President of the International Olympic Committee (IOC), omas Bach, has distanced himself from the initiative by the World Athletics to introduce prize money for gold medalists at the upcoming Paris Olympics.

World Athletics President Sebastian Coe recently announced that track and

eld champions at the Paris Games would receive $50,000 (47,000 euros), a move that has stirred varied reactions within the sports community.

Notably, no other sports federation currently o ers prize money at the Olympics.

In an exclusive interview with AFP, IOC President

omas Bach emphasized his belief that international sports federations, such as World Athletics, should prioritize e orts to reduce inequalities between countries rather than introducing prize money initiatives.

“e international federations have to treat all their member federations and their athletes on an equal basis and to try to balance this gap between the privileged and the less or under-privileged,” he said.

National Olympic committees rather than international federations were free to motivate their athletes with prize money, he said, noting that he received money from the German committee for his fencing gold medal in 1976.

“Each pillar of the Olympic movement has its role to play,” he said, adding: “It’s very clear what the responsibility of an international federation is and what the responsibility of a national Olympic committee is.” Coe’s move was welcomed by some leading athletes, but has sparked a backlash from bosses of other sports amid concerns it will further entrench the advantages of rich countries.

e Association of Summer Olympic International Federations (ASOIF) said it “undermined the values of Olympism” and the Association of National Olympic Committees of Africa called the move “repugnant to the fundamental principles of the Olympic