The FIDE Motto & Song

FIDE’s Call For World Championship Bids Sparks Reactions

TarjeiJS

May 4, 2024

The International Chess Federation (FIDE) has made a call for bids for the 2024 World Championship match with budget figures that have stirred a debate in the chess community.

A few weeks after the conclusion of the Candidates Tournament, FIDE has already turned its attention to the next world championship match. The reigning champion, GM Ding Liren, will face the challenger, GM Gukesh Dommaraju. The match is scheduled to take place between November 20 and December 15, and now the hunt for an organizer has begun.

Last week, the governing chess body issued the first call for bids for the match. Compared to FIDE’s call for bids for the 2023 match, this one had some new requirements:

Minimum total budget: $8,500,000
Minimum total prize fund: $2,500,000
FIDE fee: $1,100,000 (https://www.chess.com/news/view/fides-call-for-world-championship-bids-draws-reactions)

Why $8.5 Million?

The International Chess Federation (FIDE) is the governing body of the sport of chess, and it regulates all international chess competitions. (https://www.fide.com/fide/about-fide)

The above is what most call “Theory”. In “Practice” FIDE stands for, “Federation International Dollar Exchange. The unOfficial FIDE song is:

Although I try not to emend a post this is being done because the Discman (https://xpertchesslessons.wordpress.com/2014/05/16/the-discman/) left a comment concerning possible songs that could have gone with the post, one of which is one of my all-time favorite songs. The other was completely new to me.

Thanks to the one and only Discman!