The Budget for the Olympiad 2016 in Baku Will Be 12 Million EUR

Время публикации: 28.11.2012 22:06 | Последнее обновление: 15.02.2013 19:20

Today Kirsan Ilyumzhinov was on an official visit in Baku. The FIDE President's visit to Azerbaijan is connected to the signing of contracts for the Olympiad 2016 and World Cup 2015 scheduled to be held in the capital of the country. The officials held the joint conference, where Mahir Mammadov, the Vice-President of the Azerbaijani Chess Federation, announced the budget for organising these two events. "The budget will be 15 million EUR. Three millions will be spent on the World Cup, 12 millions will be used for the Olympiad,"- quoted Mamedov. The Vice-President also noted that the organizers found a common ground with the FIDE on all question connected to the events planned to be hosted by Baku. 


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