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After the request and the letter below of Mr Alexander Chernenko, manager of GM Gata Kamsky, the FIDE President has agreed to give an extension of three more days as deadline for receiving alternative bids on the Kamsky – Topalov WCC semi-final match.
FIDE President Kirsan Ilyumzhinov considers this decision as a last resource to achieve improved financial conditions for both players.
Below is the letter of Mr Alexander Chernenko, manager of GM Gata Kamsky:

Date: 12 May, 2008.
To: FIDE President, Mr. Kirsan ILYUMZHINOV
Re: BID to hold match Kamsky-Topalov
Dear Mr. ILYUMZHINOV,
I would like to inform you because of bank technical reasons BID amount USD 935,000.00 will be designated on FIDE bank account May 15, 2008.
Kindly ask you for understanding.
With Kindest Regards,
Oleksandr Chernenko, Manager of GM Gata Kamsky

As we are in Sofia for the Mtel Masters, we managed to get in touch with Silvio Danailov only a few minutes after we got the news. Silvio Danailov for Chessdom on the phone, “The first deadline was April 11, since then it changed 4 times. This seriously damages the FIDE image and shows that they cannot cope with the situation. I am sure in 3 days nothing will have changed. This is not funny, it is sad.”
