Coe 'will not accept' Nestle sponsorship pull out

AFP

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.