Joyous News
After Adidas its Nestle who ended its sponsorship with IAAF
According to a report, Food and drink giant Nestle has ended its sponsorship of the IAAF, as the giant fears that the doping scandal that is currently engulfing the world athletics governing body can also damage the company’s reputation.
Notably, last month sportswear giant Adidas also ended up its sponsorship deal with IAAF.
According to Swiss Company, Nestle said that it had taken the decision with immediate effect. However, on the other hand, IAAF President Lord Coe said that he is very angry with the decision and would not accept it.