IOC President Thomas Bach announces that he will not consider an extension of his term  ||  Latest Update - video Dailymotion

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00:00Dear friends and colleagues, at the end of this session, the IOC Ethics Commission has

00:09allowed me to inform you about my personal situation with regard to my term as your president.

00:21And even more since our last session in Mumbai in 2023, so many of you have asked me to have

00:31my mandate extended and to agree with the change of the Olympic Charter for this purpose.

00:39My first comment on this was to emphasize my loyalty to the Olympic Charter.

00:45At the same time, I expressed my great appreciation and gratitude for showing

00:52such great confidence in me. My respect for each and every one of you, my dear friends and

01:00colleagues, is too great that I would not listen, consider, and discuss issues of your personal

01:10concerns personally with you. Each and every of these many conversations have impressed me deeply,

01:21have touched my heart, and I greatly appreciate all the comments and arguments you have made.

01:29As a result of deep deliberations and extensive discussions, also with my family present here in

01:41the room, I have come to the conclusion that I should not have my mandate extended beyond

01:51the term limit stimulated by the Olympic Charter. In order to safeguard the credibility of the IOC,

02:01we all, and in particular I as your president, have to respect the high standards of good governance

02:12which we have set for ourselves. I was one of the promoters and authors of such a term limit

02:21at the time of the revision of the Olympic Charter. Until today, I strongly believe that after 12 years

02:31in the office as IOC president, our organization is best served with a change in leadership.

02:41During all these years, you, my dear colleagues and friends, have always followed the mantra

02:49I pronounced when introducing the Olympic agenda, change or be changed.

02:57This mantra does not only apply to the comprehensive and far-reaching reforms

03:04we have undertaken together. This mantra also applies to me.

03:12But to the many thoughts you have expressed about the future of our Olympic movement in all

03:17these conversations, I owe you answers which must go beyond legal and governance issues.

03:28Your major concerns are about the political, geopolitical, social, economic uncertainties

03:37and about the relevance of the IOC in our divisive world.

03:44With regard to our relationship with the world of politics, we are indeed in a situation

03:51where political leaders want to pull us on their political side. Political pressure groups

03:59push us to make statements serving their particular interest, and many others trying to misuse

04:09our worldwide so successful stage for their purposes.

04:16All this is proof, and the other side of the coin, all this is proof

04:24of our highly increased relevance in politics and society.

04:29We have to adapt to this new emerging world order by embracing a trustful dialogue

04:39with the established and the rising political powers, in particular with the ever more influential

04:50so-called global south. To achieve this, we have to show that in our Olympic world

05:01there is no global south or global north. We have to be a truly global organization.

05:11We have to reflect the diversity of this world.

05:16Such trustful dialogue requires the proven political leadership skills

05:23which we have in our membership. We have among us ministers, heads of state,

05:32leaders in important intergovernmental organizations. We have a very skillful executive board,

05:39and with you, my dear friends and colleagues, a high quality membership.

05:48Such a trustful dialogue with the ever more fragmented world of politics

05:55can only be successful if we are considered to defend the best interests of the athletes

06:04of the world, and if we are supported by them. To continue the meanwhile established,

06:12direct, close, trustful dialogue with the athletes is therefore essential for our credibility.

06:23All these opportunities and challenges to maintain our relevance and high standard of credibility

06:30will not be different in two or four or even eight years from now.

06:40What will be very different, however, are the opportunities and challenges for sport

06:48in the digital revolution. What we have been doing in this respect with regard to digital

06:54engagement, with our Olympic artificial intelligence agenda, with the creation of

07:01the Olympic eSports games, has been proactive, has been living up to our change or be changed mantra.

07:12But this is just the beginning. To implement effectively all these projects,

07:21to address the technological tsunami of converging sciences like AI, biochemistry,

07:29and neuroscience, you need to be immersed in this digital world. You need to really participate

07:39in this digital world. You need to have a deep understanding of these new ways of thinking

07:47and communicating. Otherwise, you cannot safely navigate our Olympic movement ship

07:56through the high waves of this tsunami. For this new way of living, I, with my age,

08:07I am not the best captain. New times are calling for new leaders.

08:17I know that with this decision, I'm disappointing many of you. I can only plea to you

08:27to respect that I'm deeply convinced this to be in the best interest of our beloved

08:35of our beloved Olympic movement. You all know me.

08:41And therefore, you know that this Olympic movement, it's athletes.

08:46It's athletes and its values have and always will be central to my thinking and close to my heart.

09:13This is why it goes without saying for me that I want to ensure a smooth transition

09:21to hand over the steering wheel of our ship to my best possible successor, whom you will choose.

09:31To facilitate this, I will ask the executive board to schedule the election for March 2025.

09:42And the beginning of the mandate of the new president for June 24, 2025.

09:52Please rest assured that until this date, I will continue to dedicate all my energy and passion

10:01to the Olympic movement. For this new term, we all can benefit from the robust ability

10:11the IOC enjoys for years to come. We have selected hosts for the Olympic Games 2028 and 2032.

10:21For the Olympic Games 2036 and even 2040, we have a sound two-digit number of interested parties

10:30already today. We have selected the hosts for the Olympic Winter Games 2026, 2030,

10:40and even 2034. Even during the pandemic, during global economic downturns, and throughout the

10:50too many wars and their consequences, we are enjoying robust financial stability.

10:59Already now, we have secured revenues in the amount of 7.3 billion US dollars

11:07for the next Olympiad 2025 to 2028. Even for the Olympiad 2029 to 2032,

11:19we have already secured 6.2 billion dollars, and the pipeline is full.

11:29We could only lead our Olympic movement to this high degree of stability by being united.

11:38This unity in all our diversity is the foundation for our success.

11:45Divided, this stability will fall apart. As we look to the future, we must do everything

11:55in our power to preserve this unity in all our diversity.

12:02If and whenever the new president thinks it to be helpful, I would always be at your disposal

12:12with all my passion for our beloved Olympic movement.

12:17Thank you again, my dear friends and colleagues. Thank you from the bottom of my heart for all

12:24your support, your confidence, your trust, and most of all, your friendship.

12:32And now, it is again up to you to change before we are being changed by the digital revolution.

12:42I thank you.

IOC President Thomas Bach announces that he will not consider an extension of his term || Latest Update

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