Athens of East, Madurai tournament. Category B.
TRUTH : 950 of 1000 chess players do not earn Rs 1000 in 1000 days
Entry fee Rs 6000 Last update : 14 January, 2025
Total prize fund for Category B : 12 Lakhs
Remaining : 27 lakhs 30 thousand.
FIDE fee is Rs 20,000 for 150 players
Each player after 150 players Rs 100 per player. 450 x Rs 100 = Rs 45,000.
So Rs 20,000 + Rs 45,000 = Rs 65,000
AICF = 10% of total prize fund ????? 12 Lakhs 10% is 1 Lakh 20,0000 (1 Lakh twenty thousand) ?????
So FIDE and AICF fee is Rs 65,000 + 1 Lakhs 20,000 = 1 Lakh 85 thousand.
AICF gets double the money than FIDE for FIDE Rated tournament ??
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Total prize fund for Category B is 12 Lakhs
Money to FIDE and AICF is 1 lakh 85,000.
Building rental, chairs, tables, arbiters, drinking water, lunch etc = 3 Lakhs at the most
Total approximate expenditure is 17 Lakhs.
....................................
Total collection. 39 Lakhs 30 thousand. Rs 6000 x 655 players.
Final profit. 22 Lakhs in 4 days.
https://chess-results.com/tnr1048008.aspx?lan=1&zeilen=99999
22, December screenshots. 2 days before tournament on 24th Dec.
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