Bach was urged by some IOC members during the 141st IOC Session in Mumbai in October 2023 to seek a third term by amending the Olympic Charter if needed. Though Bach was non-committal at that time and said he would not think of it till the end of the Paris Olympic Games; the question was posed to him during a press conference in Paris on Friday. Bach again did not commit anything.

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But on Saturday, the IOC president said he would not like to continue after the end of his term.

"As a result of deep deliberations and extensive discussions ...I have come to the conclusion that I should not have my mandate extended beyond the limits stipulated in the Olympic Charter,” Bach told the IOC General Assembly on Saturday.

“After 12 years in the office of IOC President our organization is best served with a change in leadership. New times are calling for new leaders,” he said.

If he had to seek re-election, Bach would not only have to get the rules regarding the tenure cap amended but also ask for a relaxation in the age limit. He is already 70 -- the upper limit set for an IOC member.

The IOC introduced age and tenure limits for presidents a few years back after facing controversies and criticism. Currently, the IOC president is elected for a term of office of eight years, renewable once for a period of four years.

Earlier, there were no limitations on age and tenure which resulted in there being only nine presidents since the creation of the IOC in 1894.

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