Chess News

Fresh, fresh information about the Kamsky – Topalov match!

Sponsor is Ukrainian businessman Sobancheyev, Ilyumzhinov guarantor (Updated Monday)

After all the media fuzz this week, the match Kamsky – Topalov is going to take place in Lviv. The information was confirmed for directly from the site of the Presidential board meeting in Athens. At this moment the members are discussing the details of the match, including the arbiters and the official committees. Sponsor is Ukrainian businessman Sobancheyev, President Kirsan Ilyumzhinov is a guarantee that full prize fund (750.000 USD) will be on FIDE bank account within 15 days.

Information about the World Women Chess Championship 2008 has also been hinted, it will take place in Russia starting the end of August. The discussion has not reached to the issue yet, but President Kirsan Ilymzhinov has confirmed for Yuri Vassilev that the place will be Nalchik.

Changes in Global Chess (updated)

Bessel Kok is not anymore shareholder of Global Chess. Mr. Kaplan, is the
new shareholder at the company. Global Chess is responsible for FIDE Grand
Prix, FIDE website, and other marketing activities.

Geoffrey Borg, CEO of Global Chess, shared with Chessdom, “The transfer of shares of Global Chess BV from Mr Bessel Kok to Mr Kirsan Ilyumzhinov was finalised last month. Mr Kirsan Ilyumzhinov is currently finalising the transfer of these shares to Chess Lane SA, a company which will be equally owned by Mr Kirsan Ilyumzhinov and Mr David Kaplan.”

FIDE Press Release for Kamsky – Topalov match

Athens, 1 June 2008

President guarantees Topalov – Kamsky match

President Kirsan Ilyumzhinov has announced that the World Championship Challenger Match between Veselin Topalov (Bulgaria) and Gata Kamsky (USA) will take place in Lvov, Ukraine in November 2008.

The organiser offered a prize fund of 750,000 USD and to hold the match on the “neutral” territory of Ukraine, as the players wanted to avoid Bulgaria or the USA. President Kirsan Ilyumzhinov guarantees the organiser’s offer by backing the event from his personal finances.

FIDE Presidential Board acknowledged the offer as well as the guarantee and assigned Deputy President Georgios Makropoulos to conclude the final contracts and to check the availability of the finances. The Match will be held in dates between November 26th and December 14th 2008.

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