Challengers Match Kamsky-Topalov to be held in Bulgaria...

by ChessBase
2/14/2008 – ...unless a country comes up with a US $250,000 bid by April 11th. FIDE has announced its decision to tentatively accept the US $150,000 bid made by the Bulgarian Chess Federation. The match is scheduled for Nov.-Dec. 2008, after the Anand-Kramnik match. Spanish Playwright Fernando Arrabal has published the entire correspondence between FIDE and Kamsky. Press release and links.

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Athens, 11 February 2008


FIDE has accepted an offer for the WCC Challengers Match Kamsky - Topalov 2008 by the Bulgarian Chess
Federation. This offer included a net prize fund of 150,000 USD and has been approved by the FIDE Presidential
Board since June 2007.

However, after the recent FIDE Presidential Board meeting in Singapore and following discussions with all parties
involved, FIDE has decided the following in order to try to improve the financial terms and conditions for both

a) if by 11 April 2008, FIDE receives a bid with a net prize fund of 250,000 USD (minimum) from any country
other than USA, Bulgaria, Russia and Spain, then the match will be organised in that country with the highest bid.

b) if by 11 April 2008, FIDE receives a bid with a net prize fund of 250,000 USD (minimum) from USA, Russia or
Spain, the organisers in Bulgaria will be requested to match that bid by 30 May 2008. If Bulgaria matches the new
bid, the event will be organised in Bulgaria. If Bulgaria refuses, then the match will be organised in the bidding

c) if by 11 April 2008 no such bids arrive, the match will be organised in Bulgaria with a net prize fund
of 150,000 USD.

In order for a proposed bid to be considered, it should be accompanied by a 2-month term recognised bank
guarantee covering the amount of prize fund (minimum 250,000 USD), the FIDE contribution (20% over and
above the prize fund), and 35,000 USD covering expenses of FIDE as described in articles 3.17.4 and 3.17.5 of the
match regulations. Within 30 days of a bidder being awarded the event, the amount of the bank guarantee should be
transferred to the bank account of FIDE.

Each bid shall also contain the following particulars:

a) Proposed exact dates of the event between 26 November and 11 December 2008.
b) Proposed tournament venue.
c) Proposed prize fund.
d) Commitment to cover all organisation costs, in accordance with the match regulations.
e) Special rates for hotel rooms, including meals.
f) A statement that the applicant accepts the regulations of the Match without any reservations.
g) The applicant's name, signatures and authentication.
h) An invitation for at least one member of the World Chess Championship Committee to inspect the proposed
venue and examine the other conditions, with all expenses paid by the bidder.

No bidder can propose a sponsor which shall be in conflict with the regulations of the International Olympic
Committee (IOC).

The bids, including all original documents and particulars, shall arrive by registered post to the FIDE Secretariat in
Athens, Greece by the deadline of 11 April 2008.

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