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July 04, 2020

Matthews and Collett Banned From Olympics

MUNICH, West Germany, Sept. 8 — The International Olympic Committee barred today two United States…
July 04, 2020

Vincent Matthews and Wayne Collett: A Most Casual Protest With Most Striking Consequences

They stood there casually, one barefoot, hands on hips, the other in thoughtful repose, right…
July 04, 2020

Athletes Will Be Banned From Protesting at the 2020 Tokyo Olympics. But the Games Have…

The International Olympic Committee (IOC) announced new guidelines on Thursday that ban athletes from making…
July 04, 2020

RESOLUTION OF THE IOC EXECUTIVE BOARD WITH REGARD TO RACISM AND INCLUSION

The IOC stands for non-discrimination as one of the founding pillars of the Olympic Movement,…
July 01, 2020

Lewis highlights racial discrimination and gender inequality in sports

"Olympic Order is the Olympic Movement highest award for distinguished contributions to sports. The list…
June 29, 2020

Black Lives Matter movement brings ex-IOC President Brundage under new scrutiny

When the Olympic Games were last held in Tokyo, American multi-millionaire Avery Brundage was President…
June 27, 2020

Opinion: Equality still remains an elusive goal

My professional life has been defined by three principles: excellence, integrity, equality. They were bred…

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Thursday, 02 July 2020 20:58

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UPCOMING OLYMPIC GAMES

T&T OLYMPIC TEAM TTO PARTNERS

Adidas chief executive Herbert Hainer insists the German sportswear company has not cancelled its sponsorship contract with the International Association of Athletics Federations (IAAF), despite reports to the contrary surfacing earlier this year.

The BBC claimed in January that Adidas was ending its deal early as a result of the doping scandal surrounding the sport.

But Hainer said the IAAF’s biggest sponsor is monitoring how world athletics is dealing with the matter while its current sponsorship agreement continues to run.

"We have not terminated our contract," the German told a news conference to present his company's annual results.

"The IAAF knows exactly where we are going with our policy in terms of doping.

"We are in very close contact with the IAAF and will watch very closely what they are doing with this problem."

The 11-year deal is due to run until 2019 and was reported to be worth $33 million (£23 million/€30 million) when signed in 2008.

Adidas is one of the IAAF's Official Partners, along with Canon, Toyota, Seiko, TDK, TBS and Mondo.

It was reported that the sportswear giant informed the IAAF in November that it was considering ending its relationship early after a report compiled by the World Anti-Doping Agency (WADA) Independent Commission detailed claims of state-supported doping within Russia.

Richard Pound, chairman of the WADA Independent Commission, delivered a second damning report in January that revealed "corruption was embedded" within the IAAF under former President Lamine Diack.

According to the BBC, a decision at the highest level in Adidas was taken within days of the report's publication to terminate its relationship with the IAAF and its commercial partner Dentsu.

Adidas remains the oldest commercial partner of world football's governing body FIFA, which adopted reforms last week to help overcome its corruption scandal.

Hainer welcomed the reforms, saying Adidas, along with other sponsors, were striving to ensure they are implemented.

In January, Kasper Rorsted, chief executive of consumer goods group Henkel, was announced as Hainer's successor at the head of Adidas.

Rorsted, who is set to leave Henkel in April, will officially become Adidas chief executive on October 1, replacing the 61-year-old Hainer, who has headed the company since 2001.

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