Pierre de Coubertin's founding text donated to Olympic museum

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 USD 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 endeavor had benefits for individuals and society. The manuscript is the only known copy of the speech which Coubertin delivered in Paris in 1892.

Coubertin founded the International Olympic Committee two years later and the first modern Games took place in 1896 in Athens.

"Your generosity is making this unique moment possible, a moment that reminds us so vividly of the mission of the Olympic Games to unite the world in peaceful competition," IOC president said ..