IAAF’s seven top tier partners

Sportswear giant Adidas is to terminate its 11-year sponsorship deal with the IAAF following the doping scandal that has engulfed athletics

Nov 9, 2015: World Anti-Doping Agency (WADA) publishes report detailing claims of state sponsored doping in Russia

Nov 12: VTB Bank – Russia’s second-largest bank – announces it will not renew its $6 million per year sponsorship contract

Nov 13: IAAF suspends Russia from international athletics

Jan 4: Second WADA report includes allegation of $25 million sponsorship payment from VTB made in 2012. New IAAF President Sebastian Coe says accounting for missing money is key priority

Jan 7, 2016: IAAF hands lifelong bans to officials involved in scandal, including Papa Massata Diack – son of former IAAF president – and Russian athletics chief Valentin Balakhnichev (above)

Jan 22: VTB Bank announces lawsuits against 10 members of WADA for damaging its reputation

Jan 25: German sportswear giant Adidas – IAAF’s biggest sponsor – ends $8 million per year sponsorship deal. IAAF faces loss of some $30m over next four years

Canon: Has sponsorship deal until end of 2016

Seiko: IAAF timing partner since 1985. Sponsorship deal until 2019

Sinopec: Chinese petroleum giant has been IAAF partner since 2011

TDK: Japanese electronics company has been partner since 1983, contracted until 2019

Toyota: Sponsorship until 2017

Source: IAAF, BBC, Tass, insidethegames.biz 

Pictures: Associated Press

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