November 27, 2024

FIDE World Championship Match 2024 – Call for bids

The FIDE Worlds Chess Championship Match is a pinnacle of the FIDE World Championship Cycle. The 2024 edition will decide who will reign the chess world for the next two years — the reigning world champion, Ding Liren (China), or the youngest challenger in chess history, Gukesh D (India). 

The World Championship Match 2024 is provisionally scheduled between November 20 and December 15, 2024. FIDE is opening a bidding procedure to host the event.

1.2 The basic provisions are the following:

a) Total duration of the event – up to 25 days

b) The Regulations shall be approved by July 1, 2024. 

2) Minimum total budget of the event – 8,500, 000 (eight million five hundred thousand) USD

d) Minimum prize fund – 2,500,000 (two million five hundred thousand) USD. (The prize fund was increased from 2,000,000 USD in 2023).

e) FIDE fee – 1, 100 000 (one million one hundred thousand) USD

f) Payment for commercial, sponsorship and broadcasting rights will be specified according to bidders’ proposals.

g) The Organiser shall respect the rights of the FIDE sponsors and partners, including for the video broadcast.

1.3 The Applicant shall fill in the Bidding Form. The Applicant must indicate the exact breakdown of the budget by item, including proposals for payments to FIDE for the commercial and sponsorship rights, payment for the broadcasting rights and the distribution of sponsorship and broadcasting rights between FIDE and the Organisers. 

A signed copy shall be submitted as an e-mail message to the FIDE Secretariat to office@fide.com no later than May 31, 2024, by 23:59 Lausanne time. The bid should accompanied by the relevant supporting documents.FIDE has the right to extend this deadline if considered necessary. All the documents shall be submitted in English.

1.4 FIDE reserves the right to enter into additional negotiations with any of the Applicants in order to improve or modify the bid.

1.5 The final decision of FIDE will be based on the totality of all the proposed conditions and interests of chess development.