An organisation of Olympic sports federations on Friday said the decision by World Athletics to award prize money to gold medallists in its events "undermines the values of Olympism".

The Association of Summer Olympic International Federations (ASOIF) released a statement which made clear how unhappy it was at the announcement by World Athletics president Sebastian Coe that track and field gold medallists at the Paris Olympics will receive $50,000 (47,000 euros).