Alisher Usmanov: Russian oligarch donates $8.8 million Olympic manifesto to museum

The first 14-page duplicate of Pierre de Coubertin’s speech, in which the French aristocrat initially outlined his vision of the modern Olympic Games, was acquired at a New York auction for $8,806,500 in December last calendar year, according to Sothebys.

A previous stakeholder in Arsenal who has an believed net value of $12.6 billion, Usmanov is the president of the International Fencing Federation.

“Pierre de Coubertin experienced a vision of a world united by athletic pursuits and not divided by confrontations and wars. I feel that the Olympic Museum is the most correct location to keep this priceless manuscript,” said Usmanov on Monday.

It is the initially time the manifesto has been exhibited to the general public, months just before the 2020 Game titles get underway in Tokyo.

Usmanov (right) and Bach pose with a copy of the original Olympic manifesto.

Coubertin founded the International Olympic Committee (IOC) two decades after offering the speech in Paris, and in 1896 the initial contemporary Video games was staged in Athens, Greece.

In the speech, Coubertin envisions a environment united by sporting competition, where by athletics would do far more to deliver about peace than “telegraph, railways, the phone, the passionate research in science, congresses and exhibitions” have.

The manuscript exceeded its estimated sale price by just about $8 million and, in accordance to Sotheby’s, established the auction record for sporting memorabilia.

“Right now we are witnessing history,” said IOC president Thomas Bach.

“At a single degree, we are witness to this historic doc, the manuscript of the speech that laid out the philosophical foundations of the Olympic Motion.

“On an additional degree, we are witnessing a historic minute, with this manuscript returning to its Olympic home, the put the place it belongs.”

De Coubertin also gave the Olympics its existing motto of citius, altius, fortius — a lot quicker, bigger more powerful — a phrase he borrowed from his buddy Henri Didon.

Usmanov’s USM organization is also Everton’s current teaching floor sponsor and final month agreed a $39 million (£30 million) deal for the naming rights of the Leading League club’s new stadium.

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