I’m Happy Leaving IAAF Financially Buoyant, Says Diack | Independent Newspapers Limited
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I’m Happy Leaving IAAF Financially Buoyant, Says Diack

Posted: Jul 28, 2015 at 12:40 am   /   by   /   comments (0)

Retiring President of the International Association of Athletics Federation (IAAF), Lamine Diack, 82, says he will be leaving a financially stable federation with financial reserves of between 65 and 67 million dollars.

“I think I would be proud of the financial situation of the federation because in every situation, we cannot achieve everything,’’ Diack, who would be leaving in August, after more than 15 years in the saddle, told a Special AIPS-Africa Publication, a copy of which was obtained by the News Agency of Nigeria (NAN).

“During my tenure, the IAAF and its marketing partner Dentsu raised over a billion dollars of revenue from TV & sponsors.

“In 2015, the financial reserves will be 65-67 million dollars. I think it’s a big achievement and all the way I have been very successful. I tried to make athletics universal and now athletics is everywhere.

“I was interested in bringing the world championships to Africa and although it has never been a priority, we managed to boost the money that the continents and the federations receive as support.

“The IAAF used to have six European one-day meetings with few athletes participating every year. Now we have a league of 14 competition meetings that are spread over three continents.

He also noted that under him, “the athletes are also now living and making money from athletics.

“We also have a robust anti-doping programme. The IAAF has for decades sanctioned athletes for up to four years for doping violations. In 1993 the IAAF suspended John Ngugi for refusing to undergo a doping test.

He notes: “that was 22 years ago! We had our own arbitration panel in place then. And now we have even gone further to create a biological passport programme, which tracks an athlete’s blood profile over years to look for signs of doping.

“This will take years and is also an expensive venture we are putting in place to establish enough evidence that would bar an athlete who is cheating from our sport.

According to Diack, athletics federation was among the first that is conscious of having a clean sport soon after we introduced money into the sport.

“We were the first federation to set up a comprehensive and well-funded Medical and Anti-doping programme, alongside clear rules, manuals on doping violations for both in and out of competition testing.

Outgoing Diack, who would be stepping down after crossing the mandatory retirement age of 81 in international sports, said that in 2014 they had 3,600 tests with 120 positive cases.

“It’s a fight that the Olympic Committee, WADA and governments all have to play a role in, we have to continue the fight against cheating and it’s great that there are now establishments of National Anti-Doping organisations in key track and field countries.