Thomas Bach, the president of the International Olympic Committee (IOC), objected to Entire world Athletics’ final decision to offer monetary rewards to the Paris Olympics gold medallists.
Bach stated, the global governing overall body for athletics “ought to aim its funding on supporting athletes at the other finish of the spectrum.”
In April this year, Planet Athletics in an unprecedented move decided to reward the gold medallists of all 48 athletics events at the Paris Olympics with pay out cheques.
The Planet Athletics established apart $50,000 for that purpose.
“While it is unattainable to set a marketable worth on profitable an Olympic medal, or on the commitment and aim it requires to even depict your nation at an Olympic Games, I imagine it is significant we get started somewhere and make positive some of the revenues created by our athletes at the Olympic Online games are instantly returned to these who make the Games the world spectacle that it is,” the Entire world Athletics experienced explained in a statement.
Bach, nonetheless, explained having to pay revenue to athletes is the work of “sponsors, governments or personal institutions”, not of an intercontinental federation.
Olympics, the top novice sporting activities celebration in a remarkably professional commercialised sporting globe, will see a trend split in its 128-yr history, with Globe Athletics supplying prize funds to gold medallists.
The announcement was “welcomed by many athletes,” but was met with “sharp criticism from other intercontinental sports activities federations.”