Berliner Boersenzeitung - Coe divides Olympic movement with prize money move

EUR -
AED 4.048988
AFN 71.653352
ALL 90.233152
AMD 397.442801
ANG 1.973656
AOA 1011.960474
ARS 1704.382464
AUD 1.628051
AWG 1.984235
AZN 1.878376
BAM 1.951036
BBD 2.220877
BDT 137.145087
BGN 1.95499
BHD 0.415753
BIF 3312.570815
BMD 1.102353
BND 1.419813
BOB 12.873388
BRL 6.246268
BSD 1.102607
BTN 103.857962
BWP 15.412153
BYN 3.303388
BYR 21606.119128
BZD 2.217684
CAD 1.573224
CDF 2551.947633
CHF 0.924565
CLF 0.027875
CLP 1097.084206
CNY 7.354624
CNH 7.358449
COP 3659.778945
CRC 494.093407
CUC 1.102353
CUP 26.463016
CVE 110.401089
CZK 24.405329
DJF 195.910612
DKK 7.476493
DOP 66.917109
DZD 151.273137
EGP 58.978161
ERN 16.535295
ETB 177.534385
FJD 2.483877
FKP 0.834353
GBP 0.834294
GEL 2.855525
GGP 0.834353
GHS 12.925133
GIP 0.834353
GMD 81.574515
GNF 9764.096088
GTQ 8.429301
GYD 230.683524
HKD 8.648676
HNL 29.708842
HRK 7.531237
HTG 144.594927
HUF 364.882711
IDR 20101.848202
ILS 3.545943
IMP 0.834353
INR 103.905536
IQD 1668.962467
IRR 2109614.310597
ISK 136.615035
JEP 0.834353
JMD 174.224538
JOD 0.781612
JPY 176.073379
KES 143.361434
KGS 96.384792
KHR 4497.600695
KMF 492.752185
KPW 992.118101
KRW 1473.366503
KWD 0.34335
KYD 0.918844
KZT 491.483094
LAK 24836.013852
LBP 98715.713034
LKR 366.73942
LRD 187.400397
LSL 18.663257
LTL 3.254962
LVL 0.666803
LYD 7.104708
MAD 10.981314
MDL 20.028816
MGA 5059.800729
MKD 61.545168
MMK 2314.774623
MNT 3973.283421
MOP 8.911016
MRU 44.759659
MUR 52.494468
MVR 16.980358
MWK 1913.685217
MXN 20.433771
MYR 4.504329
MZN 70.444469
NAD 18.663252
NGN 1481.088858
NIO 40.570694
NOK 10.552253
NPR 166.167676
NZD 1.994849
OMR 0.424561
PAB 1.102607
PEN 3.75135
PGK 4.97327
PHP 70.506912
PKR 304.914924
PLN 4.405592
PYG 6843.288459
QAR 4.01725
RON 5.348511
RSD 117.465677
RUB 91.30685
RWF 1627.073053
SAR 4.160787
SBD 8.926521
SCR 15.372648
SDG 663.069392
SEK 11.106249
SGD 1.418953
SHP 0.830054
SLE 25.409646
SLL 23115.795624
SOS 631.101139
SRD 41.327623
STD 22816.481805
STN 24.472237
SVC 9.648438
SYP 14332.794295
SZL 18.663243
THB 37.34225
TJS 10.171722
TMT 3.858236
TND 3.316433
TOP 2.654202
TRY 55.49477
TTD 7.484722
TWD 36.257938
TZS 2920.045358
UAH 50.132575
UGX 4553.879273
USD 1.102353
UYU 44.690863
UZS 13271.228337
VES 1006.315196
VND 28358.582532
VUV 132.985681
WST 3.098252
XAF 655.957
XAG 0.022553
XAU 0.000284217451
XCD 2.979165
XCG 1.987211
XDR 0.779421
XOF 655.957
XPF 119.331742
YER 260.762006
ZAR 18.713826
ZMK 9922.503926
ZMW 22.543641
ZWL 354.957222
SSP 6555.09164
MXV 2.294737
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Coe divides Olympic movement with prize money move
Coe divides Olympic movement with prize money move / Photo: ANDREJ ISAKOVIC - AFP

Coe divides Olympic movement with prize money move

World Athletics president Sebastian Coe's decision to award prize money to Olympic gold medallists may have been welcomed by athletes but the move has upset some of his fellow federation bosses and surprised seasoned observers of the Games.

Text size:

Coe put the cat among the pigeons when he announced last week that track and field gold medallists at the Paris Games this year will receive $50,000 (47,000 euros), a first for a federation at an Olympics.

The total prize fund of $2.4 million will come from the International Olympic Committee's revenue share allocation that World Athletics receives every four years.

We will never know what Pierre de Coubertin, the founder of the modern Olympics, would have made of Coe making reality his great fear that a "spirit of gain and professionalism" would invade the Games, but it went down badly with some of the Briton's peers.

David Lappartient, president of the International Cycling Union (UCI), made clear his displeasure.

"If we concentrate money on top athletes, a lot of opportunities will disappear for athletes all over the world," the Frenchman said.

"We really believe that this is not the Olympic spirit. The proposal was not discussed."

It was not just the offering of prize money that annoyed Coe's fellow federation chiefs and the IOC.

"What surprised everybody is that Coe took the decision unilaterally with one hour's warning to the IOC and zero hours warning to other federations," Michael Payne, a former IOC marketing director who retains close links to the body, claimed to AFP.

"The view of the federations, not unreasonably, is that they have been thrown under a bus. What are you going to do only three months before Paris?," Payne said.

The Irishman argued that the Olympics are a "collaborative effort" and "you do not blindside people like that unless you want to create a media storm".

"And that was the agenda."

The International Tennis Federation said it had no plans to follow suit and pay prize money and any change in the future "would be made in consultation with the Association of Summer Olympic International Federations and the International Olympic Committee".

Coe has defended his move, declaring the image of the amateur athlete is obsolete.

"I'm probably the last generation to have been on the 75-pence meal voucher and a second-class rail ticket when competing for my own country," he said in announcing the decision.

"We're now operating on a completely different planet from when I was competing, so it is very important that the sport recognises that change in landscape."

Karsten Warholm, the Olympic men's 400m hurdles champion, told AFP that paying prize money was "a smart move".

"To be honest, anything offered in terms of a prize is good for the athletes, it's motivation," the Norwegian said.

- 'Apoplectic with rage' -

Coe's compatriots have been critical of the decision.

"Now other sports are clearly going to get some scrutiny or even pressure from athletes saying: 'Well what about our sport, how can this sport do it and not us?'" the British Olympic Association's chief executive Andy Anson told Sky Sports.

"It's a debate we can have but we need to have it at the right time, and the right place, and together."

Terrence Burns, another former IOC marketing executive, said the ramifications of the decision remained "speculation" for now.

"The glue that holds the (Olympic) movement together has always been its ability to remain unified and consistent within its fragile confederacy where everything is connected," he told AFP.

"Every decision taken (and presumably thought through) has both intended and unintended ripples in the Olympic pond."

It is not the first time Coe has followed a different path to the IOC and the majority of the federations -- the two-time Olympic 1500m champion took the lead in adopting a hardline stance against Russia over the invasion of Ukraine.

The 67-year-old Englishman has earned widespread praise from Ukrainian athletes, political leaders and further afield for barring athletes from Russia and Belarus in his sport.

Payne though is scratching his head over Coe's reasoning behind the prize money gambit.

"He has always been independent," said Payne.

"He is also a very skilled and experienced political operator. He ran a brilliant campaign for London to win (the hosting of the 2012 Olympics).

"(But) this one I cannot make out."

This has fuelled suggestions Coe might be eyeing the IOC presidency when Thomas Bach vacates the seat next year.

Payne believes that "if it was a presidential ploy, it was a gold medal of an own goal".

"Because who is electing the president? It's the IOC members. Many of them are international federation presidents, who are apoplectic with rage."

(B.Hartmann--BBZ)