Olympic leader Bach got 10 percent raise in 2024 payment that trails far behind soccer’s elected leaders

GENEVA: The International Olympic Committee paid its president Thomas Bach $350,000 in 2024, the Olympic body said Friday — a 10 percent raise for his final full year in office after a two-year freeze. The payment, or “indemnity” in Olympic language, revealed in its annual report is small compared to soccer bodies that, like the IOC, are based in Switzerland and count annual revenue in billions. Bach on Monday will formally hand over to President-elect Kirsty Coventry, who will start an eight-year initial term as the Olympic body’s first female leader and first from Africa.

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