Coe 'will not accept' Nestle sponsorship pull out
World athletics chief Sebastian Coe on Wednesday angrily hit back at Nestle's move to terminate its sponsorship of the scandal-hit IAAF, insisting he will not accept the decision.
Nestle, the world's largest food company, became in 2012 the main sponsor of a programme aimed at promoting athletics for youths worldwide. It was reported to be worth $1 million a year.
"Angered and dismayed by today's kids' athletics announcement. We will not accept it. It's the kids who will suffer," said International Association of Athletics Federations (IAAF) president Coe in a brief statement.
