Lord Coe, the double Olympic gold medallist and Sports Think Tank patron, who chaired the London 2012 organising committee, is to stand for the presidency of the International Association of Athletics Federations (IAAF) next year. He will run against former pole-vaulter Sergey Bubka.

"Throughout all my sporting roles I have always put the interest of athletics first and been independent enough to do the right thing for our sport," he said. "This will be my approach in the campaign and, in full partnership with the member federations, it will be the cornerstone of my presidency if granted the great honour of being elected IAAF president."