IAAF: Lord Coe Ends Contract With Nike

It follows conflict of interest claims over the 2021 World Championships going to Eugene, Oregon, where Nike is based.

Athletics' governing body said Coe could remain in the role but he said it was "a distraction to the 18-hour days we are working to steady the ship". It comes amid a recent wider doping and corruption scandal in the sport, which Coe has vowed to clean up.

Speaking at a news conference in Monaco following an IAAF council meeting, Coe said of his Nike role: "The current noise level around it is not good for Nike or the IAAF."

Lord Coe Wins IAAF Election

Former Olympic 1500m champion Lord Coe has been elected president of athletics' governing body, the IAAF.

The sport's 214 federations cast their votes in Beijing to decide who should lead the sport, which is dealing with the fall-out from a series of doping allegations.

Coe, the former London 2012 chairman, succeeds Senegalese Lamine Diack, 82, who has been in charge for 16 years. Coe polled 115 votes to Ukrainian pole vault legend Sergey Bubka's 92.

Lord Coe Can Change Athletics If He Becomes IAAF President - Mo Farah

Lord Coe will "change athletics" if he becomes head of the sport's world governing body,  according to double-Olympic champion Mo Farah.

Coe, vice-president of the International Association of Athletics Federations, finds out on Wednesday if he will succeed Lamine Diack.

The 58-year-old is running against Ukrainian ex-pole vaulter Sergey Bubka to lead the IAAF, as the sport faces widespread doping claims.

Doping Allegations Is A Declaration Of War On Athletes - Lord Coe

Lord Coe has described allegations of widespread doping in athletics as a "declaration of war" and says it is time to "come out fighting" to protect the sport's reputation.

The Sunday Times published data from 5,000 athletes, which it says reveals an "extraordinary extent of cheating". Athletics' world governing body, the IAAF, said the blood results were not positive tests or proof of doping.

"The fightback has to start here," Coe, an IAAF vice-president, said.