nestle terminates iaaf sponsorship
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Over scandals

Nestle terminates IAAF sponsorship

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Nestle terminates IAAF sponsorship

Nestle has terminated a sponsorship programme
Geneva - Arab Today

Nestle has terminated a sponsorship programme with world athletics' governing body (IAAF) over fears that the corruption and doping scandals surrounding the sport could damage the company's reputation, a spokeswoman said Wednesday.

"I confirm that we have decided to end our partnership with the IAAF Kids Athletics programme with immediate effect," Nestle spokeswoman Lydia Meziani told AFP in an email.

"This decision was taken in light of negative publicity associated with allegations of corruption and doping in sport made against the IAAF," she added.

Nestle, the world's largest food company, became in 2012 the main sponsor of a programme aimed at promoting athletics for youths worldwide.

But Meziani said Nestle decided to "terminate (its) existing relationship with the IAAF" because a continued partnership "could negatively impact our reputation and image."

The IAAF is facing crises on multiple fronts, including widespread allegations of corruption and bribery under disgraced former boss Lamine Diack.

The world body said it was in negotiations with Nestle.

"The IAAF is in discussion with Nestle concerning the final year of its five-year partnership with IAAF Kids' Athletics," said an IAAF statement.

"This has been a successful programme with 15 million kids aged seven to 12 years in 76 countries taking part in fun team activities which promotes a healthy, active lifestyle.

"In 2016 IAAF Kids' Athletics plans to reach a further 15 countries, training 360 lecturers, instructing 8,640 physical education teachers, with three million children participating by the end of the activation."

Separately, world athletics' new boss Sebastian Coe has faced criticism following Russia's ban from the sport for what a commission of the World Anti-Doping Agency's (WADA) described as "state-sponsored" doping.

WADA's report claimed that the IAAF governing council must have known about corruption orchestrated by Diack, and about doping in Russia.

Since the scandals broke, Coe has been travelling the globe, notably in Asia, where he has sought to shore up support for IAAF, hoping to ease the concerns of corporate backers weary of being tied to a tainted organisation.

Speaking in Tokyo on Monday, Coe said "the journey back to trust is one of an uncertain length, but we have to make changes."

Nestle said it had informed the IAAF of its decision and would "await a formal acknowledgement from them that our partnership has ended".

The defection of Switzerland-based Nestle as a sponsor came after the IAAF admitted last month that it was battling to retain corporate backing, amid reports that Adidas (Other OTC: ADDDF - news) was also walking away.

The deal with the German sportswear giant signed in 2008 and reportedly worth tens of millions of dollars was due to run until 2019.

Independent investigations have found that corruption was embedded in the IAAF during the tenure of Diack, a Senegalese national now facing criminal charges in France.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nestle terminates iaaf sponsorship nestle terminates iaaf sponsorship

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nestle terminates iaaf sponsorship nestle terminates iaaf sponsorship

 



GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 20:35 2014 Monday ,08 December

CFP crucial for refining industry in Kuwait

GMT 13:25 2011 Tuesday ,13 December

Latest Call Of Duty Breaks $1bn Sales Record

GMT 06:47 2017 Sunday ,12 February

Fresh whale stranding on notorious New Zealand beach

GMT 10:48 2017 Sunday ,19 November

Industry minister receives Turkish ambassador

GMT 12:35 2015 Saturday ,06 June

Bindi Irwin is all grown up in new Instagram photo

GMT 14:08 2012 Tuesday ,28 August

600 Afghan soldiers killed over last 2 months

GMT 05:27 2011 Wednesday ,21 September

Facebook revenue estimated at $4.27 billion

GMT 20:06 2017 Wednesday ,22 February

Senior Yemeni general killed in Houthi missile attack

GMT 23:18 2016 Sunday ,12 June

Daesh kills 18 civilians trying

GMT 00:47 2017 Tuesday ,10 January

6 policemen killed, 9 injured in Arish attack
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice