Berliner Boersenzeitung - Bach's successor needs cool head to guide Olympics through stormy seas: experts

EUR -
AED 4.073403
AFN 72.095399
ALL 90.759823
AMD 405.022533
ANG 1.985165
AOA 1018.212205
ARS 1713.072879
AUD 1.624435
AWG 1.996495
AZN 1.898524
BAM 1.954767
BBD 2.2584
BDT 139.786147
BGN 1.938631
BHD 0.423017
BIF 3354.345358
BMD 1.109164
BND 1.433478
BOB 13.298473
BRL 6.196565
BSD 1.121304
BTN 105.378826
BWP 15.38319
BYN 3.357329
BYR 21739.61442
BZD 2.255112
CAD 1.580631
CDF 2567.715032
CHF 0.922885
CLF 0.027772
CLP 1092.836776
CNY 7.398512
CNH 7.395506
COP 3649.26048
CRC 507.180057
CUC 1.109164
CUP 26.908783
CVE 110.216707
CZK 24.367945
DJF 199.67161
DKK 7.475344
DOP 68.010507
DZD 151.746852
EGP 59.275052
ERN 16.63746
ETB 182.503456
FJD 2.517469
FKP 0.835235
GBP 0.835849
GEL 2.882288
GGP 0.835235
GHS 13.130543
GIP 0.835235
GMD 82.077594
GNF 9933.692165
GTQ 8.568246
GYD 234.962343
HKD 8.700887
HNL 30.140929
HRK 7.507942
HTG 146.976262
HUF 364.370338
IDR 20243.185808
ILS 3.529083
IMP 0.835235
INR 104.263527
IQD 1699.702005
IRR 2114149.772786
ISK 136.61538
JEP 0.835235
JMD 177.962023
JOD 0.786376
JPY 177.040357
KES 144.180384
KGS 96.995174
KHR 4573.01687
KMF 490.250259
KPW 998.247558
KRW 1478.005179
KWD 0.345205
KYD 0.934306
KZT 500.565539
LAK 25239.282309
LBP 100411.502998
LKR 372.648398
LRD 190.616478
LSL 18.382894
LTL 3.275073
LVL 0.670922
LYD 7.187818
MAD 10.938154
MDL 20.149444
MGA 5073.753977
MKD 61.531076
MMK 2328.938724
MNT 3998.429475
MOP 9.059114
MRU 45.233384
MUR 52.529757
MVR 17.078874
MWK 1944.33929
MXN 20.678179
MYR 4.524948
MZN 70.873386
NAD 18.380989
NGN 1494.221886
NIO 41.262106
NOK 10.592306
NPR 168.606882
NZD 1.99355
OMR 0.42647
PAB 1.121334
PEN 3.821081
PGK 5.035816
PHP 70.64818
PKR 307.875111
PLN 4.403348
PYG 6921.935833
QAR 4.087409
RON 5.345841
RSD 117.603542
RUB 91.976549
RWF 1658.973093
SAR 4.184003
SBD 8.973966
SCR 15.362917
SDG 667.210175
SEK 11.047468
SGD 1.425442
SHP 0.831115
SLE 25.403889
SLL 23258.619397
SOS 640.819214
SRD 41.755618
STD 22957.455427
STN 24.48938
SVC 9.810817
SYP 14421.349991
SZL 18.38786
THB 37.467293
TJS 10.304685
TMT 3.882074
TND 3.341836
TOP 2.6706
TRY 55.743917
TTD 7.603983
TWD 36.562591
TZS 2948.482865
UAH 50.999624
UGX 4575.098464
USD 1.109164
UYU 45.37012
UZS 13425.906759
VES 998.791644
VND 28482.776964
VUV 133.037413
WST 3.092126
XAF 655.957
XAG 0.021754
XAU 0.000281061796
XCD 2.997571
XCG 2.020632
XDR 0.784236
XOF 655.957
XPF 119.331742
YER 262.318412
ZAR 18.476376
ZMK 9983.800502
ZMW 22.84599
ZWL 357.150356
SSP 6418.203573
MXV 2.322786
  • 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%

Bach's successor needs cool head to guide Olympics through stormy seas: experts
Bach's successor needs cool head to guide Olympics through stormy seas: experts / Photo: Franck FIFE - AFP

Bach's successor needs cool head to guide Olympics through stormy seas: experts

Whoever succeeds Thomas Bach as president of the International Olympic Committee on Thursday will need to be "cool under fire" with some members believing the very existence of the Olympic Movement is at stake.

Text size:

Seven candidates are vying to become the most powerful person in sport governance and replace Bach, who steps down after a stormy 12-year tenure when he had to contend with Covid, a Russian doping scandal as well as Moscow's invasion of Ukraine.

"I believe this is the most significant Olympic election in nearly half a century," Michael Payne, a former head of IOC Marketing, told AFP.

"Some IOC members are even predicting that the very future of the Olympic Movement is at stake."

Payne, who in nearly two decades at the IOC was credited with renewing its brand and finances through sponsorship deals, said the Movement has "never been stronger" thanks in part to "perhaps the greatest Games ever" in Paris last year.

However, he added the "future outlook is fraught with risk."

"The IOC has not faced such a troubled geopolitical outlook in many years," the 66-year-old Irishman said.

"How the IOC navigates an ever more fractured political world, maintaining universality and how the IOC engages with a rapidly changing marketing and broadcast market will define the Movement’s future."

Martin Sorrell -- who founded advertising giant WPP and sat on the IOC's Communications Commission -- said the next president required a particular skillset as there is "immense volatility in the world".

With the next Summer Games in Los Angeles in 2028, Bach's successor will have to deal with the unpredictability of US President Donald Trump.

"The next IOC president is going to have to possess political savvy, tact, a strong temperament and a steady hand," Sorrell told AFP.

"The next president will have to be able to go to the White House and kiss the ring.

"He or she will also have to be cool under fire as there are three big geographical and geopolitical challenges ahead -- Russia/Ukraine, China and the Middle East with Iran."

- 'Big damn deal' -

For another former IOC marketing executive, Terrence Burns, the next president must meet the challenge of "politicians' predilections to use the Olympic Games as a political tool."

"I think the next IOC president must pass what I call the 'joint press conference test,' meaning, who can you envision sitting across or next to today's world leaders and holding their own?" he told AFP.

"The IOC must remain independent, and I think that is going to be more and more challenging."

While Payne believes Trump will be "incredibly supportive" of the LA Games, he envisages "sleepless nights" ahead for the IOC president.

"(Trump's) foreign policy and sudden executive orders counting down to the Games risk creating issues," said Payne.

"It is going to take special diplomatic and political skills and agility to ensure that all 205 nations turn up in LA in 2028 and protect the universality of the Olympic Movement."

Sorrell says the "two big buckets are geopolitics and technology" and "we are seeing it in spades here."

"I would not underestimate the political and technological shifts the new president will have to deal with," said the 80-year-old Englishman.

Burns, who since leaving the IOC has been a member of six victorious Olympic Games hosting bids, concurs with that.

"AI (Artificial Intelligence) is –- not probably, but is -– upending everything from education to governance," he said.

"A few years ago, the stable economic and geopolitical construct that ushered in the modern, peaceful world was a 'given' -– now it is not."

Burns add that this ups the ante for the challenges that lie ahead for Bach's successor.

"All this to say the next IOC president will face challenges as well as the pace of them that his/her predecessors could never have imagined," he said.

"So, yes, this election is a big damn deal in the Olympic world and for global sport in general."

Juan Antonio Samaranch Junior, Sebastian Coe and Kirsty Coventry are the frontrunners among the seven candidates to replace Bach.

(Y.Yildiz--BBZ)