The original Olympic Games manifesto written in 1892 by Pierre de Coubertin has been donated to the International Olympic Committee by owner Alisher Usmanov, president of the international fencing federation. Russian billionaire Usmanov bought the 14-page manifesto at auction in New York in December for $8.8 million, a new auction world record for an item of sports memorabilia.
Coubertin outlined his vision for reviving the ancient Olympic Games as a new, international competition in the manifesto. He argued that athletic endeavour had benefits for individuals and society. The manuscript is the only known copy of the speech which Coubertin delivered in Paris in 1892.