Lamine Diack, president of the International Association of Athletics Federations (IAAF), has agreed a deal for the global governing body to remain headquartered in Monaco.
Diack signed the new contract with Prince Albert II of Monaco. In addition to remaining in Monaco, the deal covers the governing body’s move to new offices within the Principality. The move to a site near Quai Antoine 1er is expected to take place next year.
The IAAF first established its home in Monaco in 1994 and has been based in the Principality ever since. The governing body’s initial headquarters in the Principality were officially inaugurated on June 10 of that year in the presence of Prince Rainier III.
The deal will mark one of the final agreements that Diack will oversee in the final year of his last mandate as president of the IAAF. “The IAAF is delighted that the new convention will witness the opening of new offices next year, located at Quai Antoine 1er,” Diack (right of picture) said.
“This transfer will allow us to bring together all the various departments and divisions of the IAAF under the same roof. I also want to underline how much this move will further cement the enduring relationship of the IAAF with the Principality of Monaco.”
Prince Albert II (left of picture) also paid tribute to the ongoing relationship between Monaco and the IAAF. He said: “The bond between athletics and the Principality are long lasting and strong. Its practice is widely spread in our educational structures as well as with the athletics section of (French Ligue 1 football club) AS Monaco, which has just celebrated 90 years of existence.
“Since 1993, a new phase of our relationship was reached with the agreement allowing the establishment of the IAAF headquarters which was inaugurated in spring 1994 by my father, Prince Rainier III and Primo Nebiolo.
“Twenty years have since elapsed and today I am pleased to announce that this fruitful cooperation has reached a new milestone with the extension of the IAAF headquarters and the allocation of additional space located on Quai Albert 1er. These new premises will allow you to group IAAF activities into two venues, which are currently spread over four different sites in the Principality.”
The announcement caps a busy week for the IAAF, highlighted by the award of the 2019 World Championships to Doha, Qatar.