ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, September 19, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

IOC Boss Slams World Athletics’ Prize Money For Paris 2024

by Leadership News
1 year ago
in Olympics, Sport
IOC
Share on WhatsAppShare on FacebookShare on XTelegram

International Olympic Committee (IOC) President Thomas Bach suggested that World Athletics should prioritise funding to support athletes at the grassroots level rather than offering prize money to gold medal winners at the Paris Olympics.

Advertisement

World Athletics’ decision breaks with 128 years of Olympic tradition, where each medallist would receive €46,000.

“The money should be used for the development of the sport,” said Bach in an interview with the BBC. “The measure affects 48 athletes out of the 2,000 who will compete.” Sebastian Coe defended the decision to award prize money, saying, “These are changing times. The sport is not the same today as it was decades ago. That has nothing to do with it. And that is why it is time to make changes.”

 

World Athletics has announced that a total of $2.4 million (€2.2m) has been set aside from the money it receives every four years from the IOC to reward athletes who win a gold medal in each of the 48 athletics events in Paris. Specifically, they have indicated that their allocation will be €46,000.

Related News

Isak Leads Parade Of New Signings As Premier League Resumes

2 hours ago

Caudery Aims For British Record, Medal in Tokyo

2 hours ago

 

Bach attempted to justify his criticism of what Coe and World Athletics believe is appropriate for today’s world. “The role of international federations, in our view and in the view of all other international federations, is to develop their sport worldwide. And to give the best possible opportunities to all athletes in their member federations: To give them the best training conditions, the best facilities, to at least narrow the gap between athletes from more privileged countries and athletes from less privileged countries,” Bach told the BBC.

 

World Athletics, for its part, defended its stance, saying, “We understand that we already redistribute the income that we receive from the IOC to the member federations through the Grant for Growth.”

 

However, Bach has now issued his most forceful rebuttal yet to the historic plan by world athletics, claiming that they should be spending the money on the development of their sport worldwide.

 

 

Join Our WhatsApp Channel

Tags: IOC
SendShare10169Tweet6356Share

Other News Updates

EPL

Isak Leads Parade Of New Signings As Premier League Resumes

2025/09/19
Sport

Caudery Aims For British Record, Medal in Tokyo

2025/09/19
Sport

Real Madrid Set To Snub Ballon d’Or Awards Again

2025/09/19
Football

Ronaldo Named ‘Best Of All Time’

2025/09/19
EPL

Man City Face Injury Setback Ahead of Manchester Derby

2025/09/19
Sport

2026 WCQ: FIFA Makes U-turn, Opens Case Against South Africa Over Mokoena’s Eligibility

2025/09/19
Leadership Conference advertisement

LATEST

Troops Arrest Suspected Drug Peddlers, Recover Illicit Substances In Plateau

Tinubu Congratulates FAAN MD Kuku On Election As VP ACI Africa

Police Arrest 4 Suspected Armed Robbers In Enugu

Police Nab 55-yr-old Suspect In Lagos For Murder, Assault

JUST-IN: Dangote Refinery Halts Product Sales To Unregistered Marketers

Anglican Church Elects 15 New Bishops

‘South Africa Well Prepared For Davis Cup Clash Against Morocco’

Isak Leads Parade Of New Signings As Premier League Resumes

Caudery Aims For British Record, Medal in Tokyo

Real Madrid Set To Snub Ballon d’Or Awards Again

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.