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The Tromsø 2014 Chess Olympiad organisers have confirmed that the year's biggest chess event will go ahead after 12 million
Norwegian krone (almost 1.5 million euros) in additional funding was received
from the Norwegian government.
The Chess Olympiad has received NOK 12 million of the NOK 15.1 million in additional funding it applied for. This additional funding is required to cover the additional costs related to hosting the World Cup event in 2013 and the record-breaking registration for the actual Chess Olympiad, which will take place from August 1-14, 2014.
Hans Olav Karde added:
That means the Chess Olympiad in Tromsø will go ahead. We still have a considerable task ahead of us to find sponsors and other contributors to cover at least NOK 3 million. In light of the additional government funding we have to bank on the success continuing and that the remaining funding will also fall into place.