USA's Top Daily Chess News Blog, Informative, Fun, and Positive

hosted by Chess Queen™ & 12th Women's World Chess Champion Alexandra Kosteniuk


Monday, July 30, 2012

2016 Chess Olympiad Gets Generous Bid by Azerbaijan

Chess blog for latest chess news and chess trivia (c) Alexandra Kosteniuk, 2012

Hi everyone,

The Chess Federation of Azerbaijan has come up with a rich offer to host the 2016 Chess Olympiad and 2015 World Cup in Baku. The proposed venue is the Baku Crystal Hall, a new multi-functional indoor complex that was built in order to host the Eurovision Song Contest 2012, according to a report by Chessdom.

The budget for the 2015 World Cup is set to 2,2 million EUR. From this sum 1,28 million EUR is the prize fund, while 256.000 would be the FIDE fee.

The budget for the 2016 Chess Olympiad is the astounding 13,3 million EUR! 6,8 million is set for the first-class accommodation for the players and delegates. Another 1 million is planned for the FIDE Commission for World Championships & Olympiads and intellectual rights.

Baku Crystal Hall

On the top of everything, Azerbaijan offers a special travel grant of 1,5 million EUR to FIDE to allocate for teams requiring travel subsidy. Great news for the federations like Australia and others where players have to pay for the airfare on their own. The other two bids, coming from Albena, Bulgaria and Tallinn, Estonia, appear to be much more modest. The bids are included in Agenda for the 83rd FIDE Congress in Istanbul.

From Alexandra Kosteniuk's
Also see her personal blog at

Labels: ,


Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home