IOC Session Opens in Ancient Olympia with Presidential Election Looming

The 144th International Olympic Committee (IOC) Session commenced in Ancient Olympia, Greece, where the election for a new president will take place on March 20, with outgoing President Thomas Bach stepping down after 12 years. Greece's President Konstantinos Tassoulas welcomed IOC members, emphasizing Greece's commitment to the Olympic ideals and highlighting the historical significance of the location. During the session, seven candidates, including Kirsty Coventry and Sebastian Coe, are vying for the presidency of the IOC, which is known for its substantial financial influence, with revenues reaching about $7 billion every four years. Bach remarked on the session being a 'sacred pilgrimage' to the Olympic roots as the IOC prepares for a pivotal moment in its history. The gathering also featured speeches from various Olympic officials and a symbolic olive tree planting to represent unity. The event is significant not only for the leadership change but also for reaffirming the Olympic movement's historical ties to peace and democracy.