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FIDE Extends Deadline For World Title Match Bidding

  • PeterDoggers
  • on 3/12/14, 6:10 AM.

The World Chess Federation (FIDE) has extended the deadline for bids concerning the 2014 World Chess Championship match to April 30th, 2014. The original deadline was March 10th, but on that day FIDE had not received any bids yet. The decision was posted on Tuesday on the FIDE website

Today the 2014 Candidates’ Tournament will be officially opened in Khanty-Mansiysk, Siberia. The winner will play Magnus Carlsen in a world title match that is scheduled for November this year, and organizers/cities interested in hosting the match could bid for it until last Monday. FIDE has now extended that deadline to April 30th, 2014 because, as FIDE Executive Director Nigel Freeman told Norwegian newspaper Dagbladet, the World Chess Federation had not received any bids:

“There are probably many who wait and see how the Candidates’ Tournament goes, and if one of their players will play the World Championship match.”

Freeman expects that especially countries who have representatives playing in Khanty-Mansiysk might be waiting for the results there, adding:

“If we have not received any bids within the new deadline either, we just have to recognize that the product is not marketable enough.”

A bid needs to contain a proposed venue and a proposed prize fund. The prize fund for the 2013 match between Anand and Carlsen in Chennai was 1,850,000 euros. Organizers need to contribute at least 20% of the prize fund to FIDE itself.

The bid needs to be accompanied by a 9-month term bank guarantee. Alternatively, a bidder can deposit 200,000 euros in FIDE's bank account by the deadline of 30 April 2014 which is refundable if the bid is rejected. In that case, another 50% of the prize fund needs to be deposited before 31 May 2014, and the balance of all remaining obligations before 31 August 2014.

FIDE will inform the bidding parties of the results within three days after April 30th, and the final contract with the successful bidder will be signed within ten days afterwards.The published dates for the 2014 World Championship match are 6-25 November, which means there will be only six months to organize it.

In FIDE's article about the bidding procedure concerning the 2014 World Chess Championship match it is written that “FIDE and Agon are extending the deadline to 30 April 2014, 13:00 GMT”, implying that Andrew Paulson's company Agon will again be involved in organizing events for the World Championship cycle. The last event done by Agon was the 2013 Candidates’ Tournament in March in London. 

At the end of January Chess.com obtained a document that suggests that Agon is secretly run by FIDE President Kirsan Ilyumzhinov himself. According to the contract, which was signed by both the FIDE President and Mr Paulson, it is Mr Ilyumzhinov who owns 51% of the shares. Both FIDE and Mr Paulson have categorically denied that the contract is in effect.

4512 reads 20 comments
4 votes

Comments


  • 5 months ago

    mcris

    @Tal1949: It seems that Fischer left his title to the WCF in Las Vegas, now another guy won it Smile

  • 5 months ago

    alcuomo881

    Drum Daddy is right, the product could be marketed, probably better in eastern Europe than the U.S., but in all seriousness why not have the country of the Champion host?  Unless they are broke, which in this case they would obviously not be.  If Norway won't host the game for its Champion thats a sign of a larger issue.  The problem is, if the World Chess Championshp no longer brings in any revenue, its basically a waste of money to the host country.  Culturally, and to chess fans its not, but for a country to want to host it, there needs to be more excitement around the event in general.

  • 6 months ago

    Tal1949

    The cost of these things is out of control, sportspeople are overpaid, the 12 game match is silly, Carlsen gives nothing at interviews except his ugly smiling mug, fide has questionable integrity and the title belongs with Fischer anyway. Take your pick why nobody bids. Lol.

  • 6 months ago

    alcuomo881

    If the U.S. plays host the ratings will rival the Super Bowl

  • 6 months ago

    ChocolateTeapot

    Paulson may have been sent packing, or more likely he has decided that it is not worth the hassle, now that he has been outed. Good riddance, I say.

  • 6 months ago

    oleppedersen

    The rights to the WC final could be decided two or four years in advance, preferably going from continent to continent (much like the WC in football). Maybe with the winner being announced at the closing ceremony after the final is decided. 

    Also; the country that hosts the final could also be the venue for the candidates - and the top player of that country should be given a spot in that tournament; it would increase local interest even though of course a lot of countries do not have a player quite good enough to win such a tournament. 

  • 6 months ago

    sixtyfoursquares

    Why not Norway this time; as Magnus Carlsen is sure to play the World Championship!!

  • 6 months ago

    Paulzzz

    The FIDE must be run by someone who will boost the prestige of chess as a professional sport and not merely as something for fun and for kids. The harsh truth is that many talented GM's have to search for sponsors because even on their level it is difficult to make a living.  It is a shameful and sad thing. Maybe, the FIDE can do something about this.

  • 6 months ago

    Gogiapasha

    Yes chess players should run FIDE .and i agree with Sisu that a 24 game WC match every three years. 

  • 6 months ago

    Gogiapasha

    Yes chess players should run FIDE .and i agree with Sisu that a 24 game WC match every three years. 

  • 6 months ago

    CP6033

    Appologies ever get to play again as he will retire soon i think

  • 6 months ago

    CP6033

    Remember guys though, that if there is a championship every 3 years, then when will guys like Kramnik every get a chance to play if he loses to Aronian or someone else in the Candidates...

  • 6 months ago

    Zinsch

    The cycle will switch to two years after 2014.

  • 6 months ago

    Oraoradeki

    Should be in Chennai India again!

  • 6 months ago

    VahanGoldenStar

    FIDE, under its current leadership, has become the joke of the World. No surprise here, since it's run by a mobster. Worthless, corrupt bureaucrats can bring an end to any organization. The funny thing is that these good-for-nothings end up occupying the high offices and abusing their power. We can see it in world politics, and we can see it in the world of chess. I think there has to be some IQ requirements to hold a high office. In case of chess, matters are a bit easy - ELO ratings or titles will do. We need people who have achieved something real in the world of chess before letting them run things.

    An examplary FIDE president was Max Euwe. A real gentlemen, diplomat, and somebody who understood chess and the needs of the players - was, in my opinion, the best President of FIDE. We need people with some real background in chess to run the organization.

  • 6 months ago

    sisu

    Agree with all of the below... go back to interzonals, candidates matches, and a 24 game WC match every three years.

  • 6 months ago

    jpd303

    IDK what to think about the one year cycle...american football is every year, as is american baseball and basketball...boxers defend their title often as do MMA fighters...golf dosent really have a champion (it should now that i think of it)...i dont know anything about soccer so no comment...it seems that chess should be no differnt from other sports...is chess a sport thats another topic altogether...

  • 6 months ago

    drumdaddy

    "Product not marketable enough"??? More accurate is "incompetent marketing". Don't blame the product, blame the fumblers.

  • 6 months ago

    LaughingCoffin

    oleppedersen - I agree 100%. And also - WCC shouldn't actually be an annual affair imo.. every two years should be a minimum, so we don't have any problems with hosting the event etc..

  • 6 months ago

    oleppedersen

    Another reason there may be no bids might be because FIDE seems inept in these matters. A bidding contest to host a WC six months before it is bound to be played is probably not the way to increase interest. 

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