World Chess Championship Match 2013: Fide Signs MoU with Indian Fed
About the contents of the MOU signed, D.V. Sundar, Vice President FIDE, on the AICF website, said the prize fund will be USD 2.55 million and it will be paid in two parts and that the draft contract will be sent in 10 days. Israel Gelfer who arrived in the Indian city of Chennai on Thursday thanked the Tamil Nadu Chief Minister J Jayalalithaa for showing interest in the World Chess Championship 2013 match from Nov 6-26, 2013.
In 2011, Tamil Nadu Chief Minister J Jayalalithaa had bid for the Anand v Gelfand match. Russia put up a higher bid and took the match. India was given the right of first refusal. (Also read an interesting piece in Chess Magazine Black & White titled: World Chess 2013: Is it Chennai 100%?)
From Alexandra Kosteniuk's