2015 Laureus Awards ceremony to be held in Shanghai

The city of Shanghai in China will host the 2015 Laureus Awards, the events Chairman Edwin Moses announced on Monday.

"I am delighted that the 2015 Laureus Awards will be held in Shanghai, an exhilarating and vibrant city. I have been to Shanghai many times, including visits with fellow Laureus Academy Members Sebastian Coe, Nadia Comaneci and Michael Johnson, and have always enjoyed its very special atmosphere," said Moses.

The total profit collected by Laureus World Sports Academy, which comprises of 46 of the greatest living legends of sports, is used to help finance the work of Laureus Sport for Good Foundation, which supports 150 community sports projects in more than 34 countries including China.

Laureus has helped shape the lives of more than 60 million young people through the medium of sports since its inception in 1999.

The globally televised awards function will be sponsored by textile and wool manufacturer HengYuanXiang Group (HYX), the Host Partner for the event, and the Shanghai Municipal Government.

The exact dates and venues for the 2015 Laureus Award will be announced soon.

Basketball Legend Yao Ming, who played for Houston Rockets in the NBA, was the first receipent of the prestigious award. In 2014, the presentation ceremony for which was held in Kuala Lumpur, Malaysia, Sebastian Vettel and Missy Franklin won the Sportsman of the Year and Sportswoman of the Year awards respectively.