New York Times, New York, New York, Thursday, December 30, 1971 - Page 22
8 Nations In Bidding For Fischer Match
The deadline for bids for the world chess championship match between Bobby Fischer of New York and Boris Spassky of the Soviet Union, the world champion, is midnight tomorrow.
The following nations are among eight that have submitted bids: Canada, France, Iceland, Israel, the Netherlands, Switzerland and Yugoslavia. Yugoslavia will be submitting two bids.
While the bidding is secret, it seems that the antagonists will share a prize of $100,000, or more, with 62½ per cent for the winner and 37½ per cent for the loser.
A last-minute bid was received from the Borough President of Brooklyn, Sebastian Leone, who offered $75,000, with $25,000 additional from Walter Goldwater, president of the Marshall Chess Club. The bid was announced yesterday by E.B. Edmondson, executive director of the United States Chess Federation.