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      Home  >  Chess Improvement • Daily News • General News  >  Money problems

      Money problems

      FIDE, Grand Prix, money


      The real reasons behind the World Championship Cycle changes
      FIDE Grand Prix is almost collapsing, Montreux has left the series as well
      by Chessdom.com

      After FIDE has decided to change the current World Championship system and introduce an eight-player candidate tournament, the main question that arose was “why making changes in the middle of the cycle?” Here are some of the public reactions.

      As we’ve been unofficially told by a very trusted source, the explanation is fairly simple. The phrase “under changing circumstances” at the beginning of the related paragraph in the FIDE Press Release was a gentle way to say that FIDE Grand Prix model is falling apart. The abrupt cancellation of Doha was only the first domino in the chain, Montreux has left the series as well. The organizers from Switzerland did not provide the prize fund guarantee on time, furthermore, they have openly told FIDE to start seeking the new host for the April 2009 tournament.

      With the crippled Grand Prix, where possibly only four tournaments of the planned six would actually take place, and Karlovy Vary are yet to deposit the guarantee by the 15th of December, FIDE decided to step in and regain some of the “sovereignty” over the World Championship cycle. The Grand Prix is under the exclusive control of Global Chess, financed by Kirsan Ilyumzhinov and David Kaplan.

      “In order to eliminate future uncertainties” referred to the possibility that GP won’t be completed, thus the clause of two players from the ongoing series qualifying for the candidate tournament should provide some sense of fairness.

      It is very possible that UEP, the company behind the Anand-Kramnik match, will organize both candidate tournament and 2011 World Championship match. The bidding process will be started in a day or two, following the official announcement on the FIDE website.

      Source: chessdom.com

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      4 Comments

      1. Ogion The Silent Reply
        December 4, 2008 at 11:49 am

        Interesting. Thanks for keeping us updated on these political economical aspects of the game we love.

        Best wishes
        A. Weiler

      2. Anonymous Reply
        December 4, 2008 at 3:52 pm

        Prize funds are far to big, as this amount paid to the FIDE bureaucracy.

      3. us mint Reply
        December 4, 2008 at 4:50 pm

        I have a money tree in my back yard.

      4. Anonymous Reply
        December 4, 2008 at 5:08 pm

        Just when it seemed that the caos from the past 15 years is going to be clered up, everything is falling apart again.

        Whole World Championship is a joke now. Anand should just resign the title, and the title of World Champion should be abolished. Let them just play regular tournaments, and the result will show who is the best.

        World Championship is dead to me.

      Leave a Reply to us mint Cancel reply

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