Lord Coe has...

[GrumpyGregry]

... done nothing wrong.

But consumate oleaginous politician that he is, and having realised that perception and reality are horribly mangled, he has broken off his long-term relationshop with Nike.

"Cmon Seb mate how's it gonna look?"
"Those dead presidents look fine to me!"

 

[Arrowfoot]

And he said that he did it for IAAF and Nike (but not for himself). And failed to explain the Nike email and his role in the bidding that never took place.