International Olympic Committee (IOC) president Thomas Bach has expressed reservations about World Athletics’ decision to introduce prize money for Olympic gold medalists in Paris, suggesting a need to reconsider the allocation of resources to better support athletes.
In a recent online media roundtable, Bach criticized World Athletics president Sebastian Coe’s announcement of a $50,000 prize for Olympic champions, highlighting the lack of consultation with the IOC and other international sports federations prior to the decision.
Bach emphasized that while prize money for Olympic success is not a new concept, the primary focus of international sports federations should be on supporting athletes across all levels, particularly those from less privileged countries.
He underscored the role of national Olympic committees (NOCs) and international federations (IFs) in ensuring equitable opportunities for athletes worldwide, noting that reinvestment of revenues should prioritize closing the quality gap among participants.
Confidence in the security and success of the upcoming Paris Games
Bach expressed confidence in the security and success of the upcoming Paris Games, despite geopolitical tensions, affirming that athletes are committed to upholding the principles of the Olympic Charter.
Addressing concerns over the participation of Israeli and Palestinian athletes, Bach reiterated the IOC’s support for both NOCs and emphasized the universality of the Games, stating that invitations would be extended to ensure representation, if necessary.
In contrast to the situation with Russian athletes, who will compete as neutrals due to violations of the Olympic Charter, Bach clarified that calls to ban Israeli or Palestinian athletes lacked justification.
As discussions surrounding Olympic prize money continue, Bach’s remarks highlight the importance of solidarity and collaboration within the international sports community to best serve the interests of athletes worldwide.
