Coe 'will not accept' Nestle sponsorship pullout

World athletics chief Sebastian Coe angrily hit back at Nestle's move to terminate its sponsorship of the scandal-hit IAAF, insisting he would not accept the decision. Nestle, the world's largest food company, in 2012 became the main sponsor of a programme aimed at promoting athletics for youths worldwide. It was reported to be worth US$1 million (N$16 million) a year. "Angered and dismayed by today's kids' athletics announcement. We will not accept it. It's the kids who will suffer," said International Association of Athletics Federations (IAAF) president Coe in a brief statement. NAMPA/AFP