Dear chess friends,

Yesterday 3 November 2008, FIDE received the following message from Alexander Chernienko, the manager of GM Gata Kamsky:

"Due to technical reasons (copy of the banking letter re delay of the transfer was sent by me on the 1st of November 2008), the payment of 935,000 USD according to the BID for the organisation of the Kamsky-Topalov match to the FIDE account, will be effected on the 5th November 2008."

As we have been receiving such letters by Mr Chernienko for a long time now, with yet no transfer made to the FIDE bank account (and we are only one month before the start of the event), this will be the last extension accepted by FIDE as all possible time limits, in order to assist Mr Chernienko with his bid, have been exhausted.

If the amount of 935,000 USD is not transferred to the bank account of FIDE by Wednesday 5 November 2008, FIDE will re-open negotiations with the Bulgarian Chess Federation, the original organiser awarded to hold this match.

FIDE is obliged to take all necessary steps in order to ensure that the Challengers Match shall indeed take place and a worthy challenger for World Champion Vishy Anand will be established. We are all looking forward to this exciting match!

Gens Una Sumus,
Kirsan Ilyumzhinov
FIDE President


 Original Letter of Chernienko