Sofia, 12 October 2009
Dear Mr. President, dear delegates,
Unfortunately, attributable to the technical reasons, we cannot present the bank guarantee for the organization of WCC match Topalov-Anand in April 2010.
However, I kindly request that this letter be treated as an official guarantee for our presentation for the bid. In case that our bid is approved, I personally guarantee the budget of three million euro for the match and we will be ready to transfer the money and to sign the contract with FIDE in two months from now, not later than 10 December of this year.
Thank you very much for your understanding.
Chairman Organizing Committee
WCC match Topalov-Anand
Our friends at Chessdom.com also has extensive coverage here: http://letters.chessdom.com/topalov-anand-bank-guarantee
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