Sebastian Coe has officially announced that he will stand for election as the new president of the International Association of Athletics Federation (IAAF) next year.
The double-Olympic 1500m champion is currently the vice-president of the body and was the chairman of London 2012.
‘For as long as I can remember, I have woken knowing that athletics, in some way, would shape my day,’ said Coe.
‘As a young boy, running was the thing that I loved beyond anything else and I have been hugely fortunate that athletics has been at the centre of my life ever since.’
‘As I speak to friends and colleagues around our great sport I appreciate that we are entering a very important time for athletics and that it is the right time to open up a discussion about the future.’
‘That discussion needs to focus on how we build on the many achievements of recent years, recognise that we have new challenges in a new era and how we can tackle those challenges with vision and ambition.’
‘I believe I have something to offer to that debate and it is why I am today officially announcing my candidacy for the Presidency of the IAAF.’
If elected IAAF president, the current chairman of the British Olympic Association will be expected to provide leadership for the most popular Olympic sport at a crucial time. Challenges would include falling TV audiences, competition for sponsors and spectators from rival sports like football, and the threat of regular doping scandals.
The IAAF will announce their new president on the eve of 2015’s World Championships and is expected to be challenged by fellow vice-president Sergey Bubka, Ukraine's world pole vault record holder.