Too Proud Or Too Stupid To Admit He Was Wrong?
“It is clear that perception and reality have become horribly mangled. I have stepped down from the Nike position I have held for 38 years. The decision I chose to take in the last few weeks is one that reflected my absolute intention to focus as long and as hard as I can on steadying the ship that has been rocking rather badly recently. The current noise level around this ambassadorial role is not good for the IAAF and it is not good for Nike. And, frankly, it is a distraction to the 18-hour days that I and our teams are working to steady the ship..”
– Seb Coe announcing that he’s finally leaving his six-figure a year brand ambassador role with Nike. However, even now, Coe still refuses to admit that being paid more than $100,000 by Nike while also acting as president of the IAAF was a conflict of interest.
*MB: Coe Drops Nike
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