Chris Rice wrote:Perhaps I should have made it clearer that its the period that Merenzon has been the CEO and not when Andrew Paulson was that I'm interested in.
Though what you wrote was "Andrew Paulson who in turn got the marketing rights in a grubby little deal with FIDE
Chris Rice wrote:
Though even here I, like Roger, can't see where they paid any money to FIDE. The only line items for AGON for 2013
(which would have covered the 2012 Candidates) are where FIDE paid CHF 17,697 in expenses to AGON and 2014
where FIDE paid AGON CHF1,785 in expenses.
The link is the accounts for 2012 and not, as the label states, 2013. The 2013 accounts, which can be found here
, show prize money income from the Candidates of 102,000 EUR.
Chris Rice wrote:Previously, I discussed the matter directly with Andrew Paulson who always maintained there was an understanding that FIDE wouldn't ask for the terms of the agreement to be honoured until some actual money was made by AGON.
While I recall FIDE exempting Agon from an initial payment as a Grand Prix event was switched to London at short notice (resulting in extra expenses for Agon), I don't recall anything beyond that. If anything had been agreed beyond that it would presumably be a matter of public record and would be apparent in published accounts. FIDE's published accounts *do* show prize money income from the events which Agon were contracted to organise.
Chris Rice wrote:He [Andrew Paulson] reckoned he lost quite a bit of his own money, which I don't doubt, before he decided to dump the whole project which Merenzon clearly picked up with the promise that he wouldn't have to pay FIDE either until he was in profit.
Do you have any evidence for the last part of this or is it just speculation? What about, for example, the prize money income from the 2014 World Championship match which shows as 251,640 EUR in FIDE's 2014 accounts